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    1333 Jefferson St Gretna, LA 70053

    View on Map
    Sponsored
    For Sale
    $335,000

    Townhouse, Duplex - Gretna, LA

    Type:Duplex
    Property size:
    2,500 SF
    Days on Market:
    2
    Last Refresh:
    Mar 7 at 2:06 am

    Property Features for 1333 Jefferson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Laundry
    Parking features
    Driveway
    Patio and Porch features
    Porch
    EntryLevel
    1
    Exterior features
    Fence, Porch
    Fencing
    Fenced
    Size
    2,500 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Anna Pepper
    Anna Pepper

    Keller Williams Realty 455-0100 (504) 669-8822

    Listing agent Anna Pepper (504) 455-0100

    Listing date Mar 6, 2026

    MLS# 2545940 Listing URL

    Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Gretna Townhouse Style Duplex

    This townhouse-style duplex is located on a quiet street in Gretna, Louisiana, near newer single-family homes and with quick access to downtown New Orleans. The exterior of the home has been freshly painted, and the front doors have been restained. Unit 1333, a 3-bedroom, 2.5-bath unit with 1333 square feet, has been newly renovated with fresh paint, flooring, and a renovated primary bath featuring a walk-in shower. The downstairs area includes stained concrete flooring in the living room, kitchen, dining area, and powder room. The kitchen features abundant cabinets, new quartz counters, and stainless appliances, including a new dishwasher and microwave, and a newer refrigerator. The kitchen flows into the adjacent dining space. The laundry room with washer and dryer is conveniently located next to the kitchen. French doors from the dining area lead to a large, shady backyard with a privacy fence. Upstairs, there is a large primary bedroom with a newly renovated ensuite bath, plus two guest bedrooms and a hall bath, all with new luxury vinyl plank flooring throughout the upper level. There is no carpet. A new HVAC system has been installed. Unit 1331 offers the same floor plan as unit 1333, is tenant-occupied, and could use some TLC. The property offers off-street parking for two cars. The property size is 2500 square feet and the lot size is 0 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gretna
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.05369
    Latitude
    29.92563

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    FAQs

    What type of property is this?
    Duplex - Townhouse-style duplex in Gretna, LA, with renovated unit.
    Where is this duplex located?
    The property is located at 1333 Jefferson St Gretna, LA.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - Newly renovated 3 bedroom, 2.5 bath townhouse-style double unit (1333) with fresh paint, flooring, and renovated primary bath.; - New kitchen boasts quartz counters and stainless steel appliances including a new dishwasher, microwave, and newer refrigerator.; - Large, shady backyard with privacy fence and French door access from the dining area.
    (504) 782-0000
    Request Owner's contact information
    1333 Jefferson St Gretna, LA 70053
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    Gretna, LA 70053
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1333 Jefferson St Gretna, LA 70053
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    We can help!
    Listing Contact
    Anna Pepper
    Anna Pepper
    Real Estate License ID: 17394
    (504) 782-0000 (504) 455-0100
    Learn more
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