Renovated Historic
142 Brooklyn Avenue Jefferson, LA 70121
142 Brooklyn Avenue, Jefferson, LA, 70121
$320,000
For Sale
$320,000
Renovated historic tri-plex with three 1-bed, 1-bath units, off-street parking, and individual water and electrical meters.
Property Size1,605 SF
Price / SF$199.38
Days on Market195
Property Features for 142 Brooklyn Avenue
General Information
- Standard status
- Active
- Size
- 1,605 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1935
Listing agency
Berkshire Hathaway HomeServices Preferred, REALTOR
(504) 723-1648
Listed by
Kurt Brodtmann · License #995702580
(504) 723-1648
Source
Compass
Added: Jan 7 Updated: Jul 20 at 6:41PM Checked: Jul 21 at 6:48AM
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 Berkshire Hathaway HomeServices Preferred, REALTOR
Investment Insights
Based on property information with market context.
This renovated historic triplex features three 1-bedroom, 1-bath units. Each unit includes its own water and electrical meters, and gas is not currently used but service is available. The renovations include new kitchens with granite countertops, new baths with custom showers, and new appliances, while some original floors and cypress windows help maintain the property’s historic character. The roof is approximately 4 years old, and the property also offers off-street parking for three, plus a nice shady backyard with a large shed and additional space for parking.
The property is located in Jefferson in the Old Jefferson area, described as a quiet neighborhood just steps to the Mississippi River levee and walking/biking path. It is noted to be only a few blocks from the Orleans Parish line.
Each unit is separately metered for water and electricity, which can support streamlined utility tracking across the three residences.
The property is located in Jefferson in the Old Jefferson area, described as a quiet neighborhood just steps to the Mississippi River levee and walking/biking path. It is noted to be only a few blocks from the Orleans Parish line.
Each unit is separately metered for water and electricity, which can support streamlined utility tracking across the three residences.
Key Highlights
- Renovated historic 3‑unit tri‑plex built in 1935, offering three 1‑bedroom, 1‑bath units
- Each unit has its own water and electrical meters to help reduce monthly operating costs
- New kitchens with granite countertops, new baths with custom showers, and new appliances in the renovated units
Local 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 | $31.8k | $19.80 |
| − Vacancy | −$2.7k | −$1.71 |
| EGI | $29.0k | $18.09 |
| − OpEx | −$8.7k | −$5.43 |
| NOI | $20.3k | $12.66 |
1,605 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.3K
$254.0K – $338.7K
NOI $20,323 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$266.9K
$233.5K – $311.3K
NOI $18,680 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$407.9K
$357.0K – $475.9K
NOI $28,556 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Renovated historic tri-plex with three 1-bed, 1-bath units, off-street parking, and individual water and electrical meters.
Where is this triplex located?
The property is located at 142 Brooklyn Avenue Jefferson, LA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Renovated historic 3‑unit tri‑plex built in 1935, offering three 1‑bedroom, 1‑bath units; Each unit has its own water and electrical meters to help reduce monthly operating costs; New kitchens with granite countertops, new baths with custom showers, and new appliances in the renovated units
