Tenant-Occupied
For Sale
$195,000
1028 Franklin Ave, Gretna, LA 70053
All three residences are rented, with existing occupants reported as interested in remaining.
Property Size2,253 SF
Price / SF$86.55
Days on Market54
Property Features for 1028 Franklin Ave
General Information
Standard status
Active
Size
2,253 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Gross Income
$29,400
Multifamily Units
3
Listing Agency:
C-21 Richard Berry & Assoc, Inc
(504) 451-2018
Listed By:
Sandy Sallettes · License #995712655
(504) 451-2018
Source:
Exprealty
Added: Jul 10
Changed: Aug 30
Last Checked: Aug 31 at 6:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C-21 Richard Berry & Assoc, Inc
Investment Insights
Based on property information with market context.
This triplex contains three residential units within 2,253 square feet. Each unit is currently rented, and the existing occupants have remained for 12 years and expressed interest in staying. The property has received repairs and updates over time, including replacement of the air-conditioning systems serving Units A and C in 2024 and 2025.
A roof replacement was completed in 2018. The property is covered by a termite contract and has a current flood insurance policy that a buyer may assume. Located at 1028 Franklin Ave in Gretna, LA, the asset offers an existing multifamily configuration with established occupancy and documented property updates.
A roof replacement was completed in 2018. The property is covered by a termite contract and has a current flood insurance policy that a buyer may assume. Located at 1028 Franklin Ave in Gretna, LA, the asset offers an existing multifamily configuration with established occupancy and documented property updates.
Key Highlights
- Three‑unit triplex with all residences currently rented
- 2,253 square feet of residential property
- Existing occupants have remained for 12 years and want to stay
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Explore this area
Business Placement
Demographics for 70053, LA
16,509
Population
7,865
Households
2.1
Avg Household Size
39
Median Age
24%
College-Educated
75%
High-School Grad
3.4 sq mi
ZIP Area
4,856
Density / Sq Mi
$43,786
Median Household Income
$31,667
Median Earnings
$1,017
Median Rent
$225,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - All three residences are rented, with existing occupants reported as interested in remaining.
Where is this triplex located?
The property is located at 1028 Franklin Ave Gretna, LA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Three‑unit triplex with all residences currently rented; 2,253 square feet of residential property; Existing occupants have remained for 12 years and want to stay
