Townhouse-Style Duplex
1333-31 Jefferson Street Gretna, LA 70053
For Sale
$335,000
Pending
Townhouse-style double with a newly renovated unit, an occupied unit needing some updates, and off-street parking for two cars.
Property Size2,500 SF
Days on Market148
Property Features for 1333-31 Jefferson Street
General Information
- Standard status
- Pending
- Size
- 2,500 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2006
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 782-0000
Listed By:
Anna Pepper · License #000017394
(504) 782-0000
Source:
Compass
Added: Feb 26
Changed: Jul 23
Last Checked: Jul 23 at 4:48AM
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 KELLER WILLIAMS REALTY 455-0100
Investment Insights
Based on property information with market context.
Townhouse-style duplex offers two units with the same floorplan, including a newly renovated 3-bedroom, 2.5-bath unit. The renovated unit features fresh paint and flooring, a renovated primary bath with a walk-in shower, stained concrete flooring downstairs, and no carpet throughout. The kitchen includes new quartz counters, stainless appliances (new dishwasher and microwave, plus a newer refrigerator) and cabinetry, and it opens to the dining area with French doors to a large, fenced backyard. A laundry room with washer and dryer sits next to the kitchen. The second unit is tenant occupied and offers the same layout, but could use some TLC.
The property is located on a quiet street in Gretna with quick access to downtown New Orleans. The exterior has been freshly painted, and the front doors have been restained.
Off-street parking is available for two cars.
The property is located on a quiet street in Gretna with quick access to downtown New Orleans. The exterior has been freshly painted, and the front doors have been restained.
Off-street parking is available for two cars.
Key Highlights
- Townhouse‑style double with 6 total bedrooms and 6 total bathrooms (4 full, 2 half).
- Year built 2006; 2‑story construction with brick and HardiPlank siding and a slab foundation.
- Newly renovated unit includes fresh paint, new flooring, and a renovated primary bath with walk‑in shower.
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 | $42.9k | $17.16 |
| − Vacancy | −$3.7k | −$1.48 |
| EGI | $39.2k | $15.68 |
| − OpEx | −$11.8k | −$4.70 |
| NOI | $27.4k | $10.97 |
2,500 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.9K
$342.9K – $457.3K
NOI $27,435 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$366.4K
$320.6K – $427.5K
NOI $25,647 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$659.6K
$577.1K – $769.5K
NOI $46,170 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Townhouse-style double with a newly renovated unit, an occupied unit needing some updates, and off-street parking for two cars.
Where is this duplex located?
The property is located at 1333-31 Jefferson Street Gretna, LA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Townhouse‑style double with 6 total bedrooms and 6 total bathrooms (4 full, 2 half).; Year built 2006; 2‑story construction with brick and HardiPlank siding and a slab foundation.; Newly renovated unit includes fresh paint, new flooring, and a renovated primary bath with walk‑in shower.
