As-Is Three-Unit Residential
3219-21 Louisiana Ave Parkway New Orleans, LA 70125
For Sale
$295,000
Three-plex with a vacant 2BR/1BA unit and two occupied 3BR/1BA units; new HVACs installed.
Property Size3,153 SF
Price / SF$93.56
Days on Market811
Property Features for 3219-21 Louisiana Ave Parkway
General Information
- Standard status
- Active
- Size
- 3,153 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1950
Listing Agency:
Beau Box Commercial Real Estate, L.L.C.
(225) 931-9222
Listed By:
Burden Edmonds · License #912123059
Source:
Compass
Added: May 5, 2024
Changed: Jul 21
Last Checked: Jul 23 at 11:15AM
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 Beau Box Commercial Real Estate, L.L.C.
Investment Insights
Based on property information with market context.
This as-is, where-is three-unit residential income property offers a layout with one vacant bottom-floor unit and two occupied upper-floor units. The bottom floor is a 2 bedroom, 1 bath unit, while the top two floors are each configured as 3 bedroom, 1 bath units. New HVAC systems have been installed.
The property is situated in an AE Flood Zone. It is also described as being in a well-established neighborhood with close proximity to Tulane and Loyola. A new property management company has been assigned and is currently cleaning up, making repairs, and marketing the vacant unit, with the ability to transfer services to a new owner. The current gross income is stated as $2,331 per month.
All leases are month-to-month at present, with the note that longer-term leases could be put in place. The property is also reported as eligible for State Historic Tax Credits, allowing 25% of qualified renovation costs to be recoupable. Healthy Home applications have been applied for. Minimal 24 hours’ notice is required for showings of the occupied units, and offers with a pre-approval letter should be submitted with a request for showing.
The property is situated in an AE Flood Zone. It is also described as being in a well-established neighborhood with close proximity to Tulane and Loyola. A new property management company has been assigned and is currently cleaning up, making repairs, and marketing the vacant unit, with the ability to transfer services to a new owner. The current gross income is stated as $2,331 per month.
All leases are month-to-month at present, with the note that longer-term leases could be put in place. The property is also reported as eligible for State Historic Tax Credits, allowing 25% of qualified renovation costs to be recoupable. Healthy Home applications have been applied for. Minimal 24 hours’ notice is required for showings of the occupied units, and offers with a pre-approval letter should be submitted with a request for showing.
Key Highlights
- Three‑plex with 8 bedrooms and 3 full bathrooms in a 3‑story frame building on a slab foundation
- Bottom unit is vacant: 2BR/1BA; top two floors are occupied: 3BR/1BA each
- New HVACs installed; central air and central heating throughout
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-plex with a vacant 2BR/1BA unit and two occupied 3BR/1BA units; new HVACs installed.
Where is this triplex located?
The property is located at 3219-21 Louisiana Ave Parkway New Orleans, LA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Three‑plex with 8 bedrooms and 3 full bathrooms in a 3‑story frame building on a slab foundation; Bottom unit is vacant: 2BR/1BA; top two floors are occupied: 3BR/1BA each; New HVACs installed; central air and central heating throughout
