Jefferson Parish · Metairie
Sell Your Commercial Property In Metairie, LA
Own a commercial apartment building of five or more units in Metairie? We purchase multifamily properties around Old Metairie, Fat City, and the rest of Jefferson Parish, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Old Metairie · Fat City · Bucktown · Harahan — Jefferson Parish, LA
Local Demand
Our View On Metairie
Metairie, an unincorporated community in Jefferson Parish, has 139,729 residents, per Census ACS 2020-2024 estimates. Renters occupy 37.9% of homes, and 23.8% of Metairie homes sit in five-plus unit buildings, more than twice the Louisiana share of 11.2%.
Median gross rent is $1,175 a month, and 68.8% of the housing stock predates 1980. Ward 82 carries 126.21 mills of 2025 property tax. If you plan to sell commercial property in Metairie, LA, these are the figures buyers test first. We buy 5+ unit buildings here.
Ochsner Medical Center
Ochsner's 767-bed academic medical center sits at 1514 Jefferson Highway, with a New Orleans mailing address just outside Metairie.East Jefferson General Hospital
LCMC Health's East Jefferson General Hospital at 4200 Houma Boulevard in Metairie has 420 beds and over 3,000 team members.Lakeside Shopping Center
Lakeside Shopping Center at 3301 Veterans Memorial Boulevard in Metairie holds more than 100 stores, including Dillard's and Macy's.Our Buy Box
What We Buy In Metairie
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Metairie Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Metairie
Renters occupy 37.9% of Metairie homes, or 23,198 of 61,248 households, per ACS 2020-2024 tenure data. Metairie has 15,806 homes in buildings of five or more units, 23.8% of its stock, per ACS table B25024. Some 68.8% of Metairie homes predate 1980, per ACS table B25034, and the median year built is 1972.
Rents and affordability in Metairie
Median gross rent in Metairie is $1,175 a month, per ACS 2020-2024 table B25064. That sits $305 below the HUD FY2027 two-bedroom fair market rent of $1,480 for the New Orleans-Metairie, LA HUD Metro FMR Area.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,096 |
| One-bedroom | $1,229 |
| Two-bedroom | $1,480 |
| Three-bedroom | $1,900 |
| Four-bedroom | $2,233 |
In Metairie, 46.6% of renter households spend 30% or more of income on rent, per ACS table B25070. Rental vacancy is 6.0%, per ACS profile table DP04. Owners who sell commercial real estate in Metairie, LA should expect buyers to underwrite against that 6.0% figure.
Property taxes in Jefferson Parish
Metairie property carries 126.21 mills for 2025, the total the Jefferson Parish Assessor lists for Ward 82 (Metairie) and Ward 81 (Old Metairie). Metairie is a Census Designated Place, not an incorporated city, and the assessor's table shows no city millage for either ward.
Louisiana assesses land and residential improvements at 10% of fair market value, under Article VII, Section 18 of the state constitution. A $2,000,000 building is assessed at $200,000, and 126.21 mills yields $25,242 a year. The Jefferson Parish Sheriff says 2025 taxes become delinquent if not paid by December 31, 2025. Anyone looking to sell commercial property in Metairie, LA should have that bill ready for buyers.
Landlord rules in Metairie
State law sets the lease rules, and anyone selling commercial property in Metairie passes existing leases to the buyer under them.
- Deposits go back within one month after the lease ends, under R.S. 9:3251.
- A notice to vacate must allow at least five days, under Code of Civil Procedure Article 4701.
- Month-to-month leases end with ten calendar days of notice, under Civil Code Article 2728.
- Lessor rights may not be diminished except by state law, under R.S. 9:3258.
What it means for a Metairie owner
Metairie has 32.4% of Jefferson Parish residents but 42.5% of its five-plus unit homes. Skyline Capital Investments buys 5+ unit apartment buildings in Old Metairie, Fat City, Bucktown and neighboring Harahan. If you want to sell your apartment building in Metairie, our direct purchase process starts with a short call about the rent roll.
Before you sell commercial property in Metairie, LA, run your net income through our cap rate calculator first.
Before You Sell
Metairie Seller Checklist
More about selling in Louisiana →Investing in Metairie? See apartment syndications in Metairie →
- Metairie holds 15,806 of the 37,155 Jefferson Parish homes in five-plus unit buildings.
- At a $200,000 assessed value, every Ward 82 mill adds $200 to a Metairie tax bill.
- To sell commercial real estate in Metairie, LA, expect buyers to weigh the 46.6% rent burden.
Seller Guides
Your Situation, Handled — Metairie
Learn More
Taxes & Rules For Metairie Property
The Louisiana rules that shape any deal in Metairie: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Metairie Seller FAQ
What is the average rent in Metairie, LA?
Census ACS 2020-2024 estimates put median gross rent in Metairie at $1,175 a month. That is $305 below HUD's FY2027 two-bedroom fair market rent of $1,480. In Metairie, 46.6% of renter households spend 30% or more of income on rent.
How much property tax does a Metairie apartment building pay?
The Jefferson Parish Assessor lists 126.21 mills for Ward 82, Metairie, in 2025. Louisiana assesses land and residential improvements at 10% of fair market value. A $2,000,000 building is assessed at $200,000, so the yearly bill comes to about $25,242.
How much of Metairie's housing is in apartment buildings?
Metairie has 15,806 homes in buildings with five or more units, 23.8% of its stock, per ACS 2020-2024. That compares with 19.1% across Jefferson Parish and 11.2% statewide. Some 5,622 Metairie homes sit in buildings of 50 or more units.
Can I sell commercial property in Metairie, LA without listing it?
Yes. Skyline Capital Investments buys 5+ unit apartment buildings directly, so owners can sell multifamily property in Metairie without a public listing. Buyers will still review the rent roll, signed leases, deposits held and the latest Jefferson Parish tax bill.
What do I need to sell commercial real estate in Metairie, LA?
Gather a current rent roll, signed leases, the 2025 tax bill and a record of deposits held. Louisiana R.S. 9:3251 requires deposits back within one month after a lease ends. Month-to-month tenants need ten calendar days of notice.
Do I need to fix up my Metairie building before selling?
No. We price in deferred maintenance, vacancy, and below-market rents ourselves, so you can sell the property as it stands.
How does a sale to you work in Jefferson Parish?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Is it possible to sell rental property in Metairie without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
How fast can I sell my apartment building in Metairie?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Tell Us About Your Property In Metairie
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
