Three-Unit Income Triplex
568 CENTRAL Avenue Jefferson, LA 70121
For Sale
$550,000
MULTI_FAMILY - Jefferson, LA
Property Size2,026 SF
Lot Size0.34 Acres
Price / SF$271.47
Days on Market154
Property Features for 568 CENTRAL Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Standard status
Active
APN
0700000078
Size
2,026 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
LOT 8A SQ 1 SUB #2 SUBURBAN ACRES
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Window Unit(s), Wall Unit(s), Ductless
Water source
Public
Building Details
Year built
1976
Floors in Building
1
Number of units
3
Roof type
Shingle
Architectural style
Cottage
Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Cody Caudill · License #995698878
(504) 862-0100
Added: Feb 23
Changed: Jul 16
Last Checked: Jul 27 at 12:06PM
MLS# 2543613
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.
Investment Insights
Based on property information with market context.
This for-sale triplex features three existing structures on one lot, and each is currently producing rental income. The property size is listed at 2,026 square feet, offering a compact, income-producing multifamily configuration.
Located at 568 CENTRAL Avenue in Jefferson, Louisiana (70121), the site sits on 0.3444 acres. The listing describes the lot as offering potential for future development, including possible build-out on the rear portion, subject to the applicable commercial and residential zoning options.
For investors or owner-users, the property provides the opportunity to acquire an existing rental stream while evaluating long-term options for redevelopment within the same parcel. Buyers who want to underwrite current rent and consider planning for additional improvements may find the three-structure setup practical. Prospective buyers are encouraged to review zoning and development requirements for any contemplated changes to the rear portion of the property.
Located at 568 CENTRAL Avenue in Jefferson, Louisiana (70121), the site sits on 0.3444 acres. The listing describes the lot as offering potential for future development, including possible build-out on the rear portion, subject to the applicable commercial and residential zoning options.
For investors or owner-users, the property provides the opportunity to acquire an existing rental stream while evaluating long-term options for redevelopment within the same parcel. Buyers who want to underwrite current rent and consider planning for additional improvements may find the three-structure setup practical. Prospective buyers are encouraged to review zoning and development requirements for any contemplated changes to the rear portion of the property.
Key Highlights
- Massive lot with three existing structures currently producing rental income
- Potential for future development with possible commercial and residential zoning options
- Public water source and shingle roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.1k | $19.80 |
| − Vacancy | −$3.5k | −$1.71 |
| EGI | $36.6k | $18.09 |
| − OpEx | −$11.0k | −$5.43 |
| NOI | $25.7k | $12.66 |
2,026 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$366.5K
$320.7K – $427.6K
NOI $25,654 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$336.9K
$294.8K – $393.0K
NOI $23,580 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$514.9K
$450.6K – $600.8K
NOI $36,046 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Triplex with three existing rental structures on a single lot for buyers seeking current income and future planning flexibility.
Where is this triplex located?
The property is located at 568 CENTRAL Avenue Jefferson, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Massive lot with three existing structures currently producing rental income; Potential for future development with possible commercial and residential zoning options; Public water source and shingle roof
