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Renovated Triplex Investment
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6325-27 & 6331-35 S Johnson, New Orleans, LA 70118

Two adjacent triplex buildings offer six total units with covered, off-street rear parking.

Property SizeContact for details
Days on Market124

Property Features for 6325-27 & 6331-35 S Johnson

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 6

Building Details

Year Renovated 2012
Tenancy Multi
Listing Agency: The McEnery Company
Listed By: Troy Hagstette · License #LA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:59PM

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 The McEnery Company

Investment Insights

Based on property information with market context.

This offering includes two adjacent multifamily buildings, each configured as a three-unit structure, for a total of six units. One building is a one-story triplex at 6331–33 S. Johnson, consisting of three total units and renovated to the studs in 2012, including new systems and insulation. The second building at 6325–27 S. Johnson is a two-story triplex with three total units; the downstairs portion was renovated to the studs following Katrina.

Both buildings are located on S. Johnson St. and share a property line with Tulane University’s campus, providing immediate access to the University and the surrounding area. The properties also include covered, off-street parking in the rear. The buildings are described as impeccably maintained and 100% occupied.

Key Highlights

  • Two adjacent triplex buildings with 6 total units (6331‑33 S Johnson and 6325‑6327 S Johnson)
  • 6331‑33 S Johnson: one‑story, 3‑unit building renovated to the studs in 2012 with new systems and insulation
  • 6325‑6327 S Johnson: two‑story, 3‑unit building; downstairs renovated to the studs post‑Katrina

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nail Salon Hair Salon HVAC Service Big Box & Wholesale Store Spa & Massage Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

973
Businesses Nearby

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Two adjacent triplex buildings offer six total units with covered, off-street rear parking.
Where is this triplex located?
The property is located at 6325-27 & 6331-35 S Johnson New Orleans, LA.
What are key features of this property?
This property features: Two adjacent triplex buildings with 6 total units (6331‑33 S Johnson and 6325‑6327 S Johnson); 6331‑33 S Johnson: one‑story, 3‑unit building renovated to the studs in 2012 with new systems and insulation; 6325‑6327 S Johnson: two‑story, 3‑unit building; downstairs renovated to the studs post‑Katrina
More about this property
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