Triplex Walking Distance to
For Sale
$475,000
1016 Independence Street, New Orleans, LA 70117
Three-unit triplex offered for sale with a walkable mix of bars, eateries, and historic sites nearby.
Property Size875 SF
Price / SF$542.86
Days on Market609
Property Features for 1016 Independence Street
General Information
Standard status
Active
Size
875 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Additional Details
Multifamily Units
3
Amenities
Central Air, Window Unit(s)
Central, Other Heat
2
5
7
Asphalt
Slab: Traditional
Block
Building Details
Year Built
1935
Listing Agency:
Axen Realty, LLC
Listed By:
Kai Lymon · License #995704470
(504) 905-9799
Source:
Compass
Added: Jan 6, 2025
Changed: Aug 8
Last Checked: Jul 21 at 1:32PM
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 Axen Realty, LLC
Investment Insights
Based on property information with market context.
Offered for sale, this triplex at 1016 Independence Street presents a three-unit residential income configuration. The property is listed at $475,000 and has a property size of 875.
Public remarks note the home is located just off of St. Claude, with convenient proximity to many of the city’s amenities. From the area, you can walk to local bars, eateries, and historic sites, making it well-suited for tenants who value neighborhood access.
Public remarks note the home is located just off of St. Claude, with convenient proximity to many of the city’s amenities. From the area, you can walk to local bars, eateries, and historic sites, making it well-suited for tenants who value neighborhood access.
Key Highlights
- Triplex built in 1935 with 2 stories, block construction, and slab foundation
- 3‑unit layout with 7 total bedrooms and 5 full bathrooms
- Central air cooling plus window unit(s) in place
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
Explore this area
Business Placement
Demographics for 70117, LA
28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
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 - Three-unit triplex offered for sale with a walkable mix of bars, eateries, and historic sites nearby.
Where is this triplex located?
The property is located at 1016 Independence Street New Orleans, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Triplex built in 1935 with 2 stories, block construction, and slab foundation; 3‑unit layout with 7 total bedrooms and 5 full bathrooms; Central air cooling plus window unit(s) in place
