209 Helen St
Just Listed4-PlexFHA / VA May Qualify

209 Helen St

Terrytown, LA 70056  |  Jefferson Parish
$349,000
$349,000List Price
4Units
4 x 2BR / 1BABeds / Baths
3,432Total Sq Ft
1980Year Built
$101.69Price / Sq Ft
$4,000Monthly Rent

Property Overview

Four unit multifamily property in the heart of Terrytown, offering a rare blend of stable income and owner-occupant flexibility. Each of the four apartments is a spacious two bedroom, one bathroom unit, currently generating $1,000 per month in rent for a combined $4,000 per month in gross income.

Tenants pay their own electricity, while the owner covers water, keeping operating expenses simple and predictable. Terrytown’s convenient West Bank location puts residents close to shopping, dining, schools and quick access to major commuter routes into New Orleans, which supports consistently strong rental demand.

Whether you are a seasoned investor looking to add a dependable cash flowing asset or a first time buyer hoping to live in one unit and let the other three help pay the mortgage, this property fits. Because it is a four unit building, it may also qualify for FHA or VA owner-occupant financing, opening the door to low down payment options for the right buyer.

Interested in this property?

Contact the listing team for showings, rent details and financing questions.

Contact the AgentsCall Bryce

Unit Mix & Income

UnitBedsBathsSq FtMonthly Rent
Unit D21858$1,000
Unit C21858$1,000
Unit B21858$1,000
Unit A21858$1,000
Total843,432$4,000

Rents and square footage are per the MLS and are approximate. Tenants pay electric; owner pays water.

Total monthly rent$4,000
Gross annual rent (calculated)$48,000
Price per unit (calculated)$87,250
Gross rent multiplier (calculated)7.3x
Electric paid byTenants (Entergy)
Water paid byOwner

Property Details

MLS #2579960
StatusActive
Property typeMulti-family, 4-plex
Year built1980
Stories2
Total living area3,432 sq ft (measured)
Lot size83 x 60
Parking3+ spaces, off street
FoundationSlab
RoofShingle
ExteriorFrame, wood siding
Heat / AirWindow units
Water / SewerPublic / Community
ParishJefferson
SubdivisionHelen Heights
Cross streetsSt. Helen and Friedrichs
ZoningRR3
TermsOwner may finance
ADA featuresNo
List date10/05/2026

Taxes & Flood Zone

2025 total tax$1,938.39
2024 total tax$1,932.85
2025 assessed value$14,570
2025 market value (assessor)$145,700
Flood zoneX500L, outside Special Flood Hazard Area
Flood communityJefferson Parish

Tax and flood data from public records. Verify with the parish assessor and a flood zone determination.

Photo Gallery

Contact the Listing Team

Bryce Danna-Marullo

Listing Agent

Call (504) 301-5583Email

Mason McCullough

Bridgewater Realty Advisors

Call (504) 298-8631Email

Bridgewater Realty Advisors, LLC  |  3501 Severn Ave, Suite 19, Metairie, LA 70002  |  (504) 901-0463