Triplex With Additional
For Sale
$325,000
2200 Trio St, Chalmette, LA 70043
Three occupied units, a recent roof replacement, and on-site coin laundry serve the property’s existing configuration.
Property Size2,724 SF
Price / SF$119.31
Days on Market50
Property Features for 2200 Trio St
General Information
Standard status
Active
Size
2,724 SF
Property subtype
Multi-Family
Building Details
Year Built
1988
Listing Agency:
Tuxor Realty
(713) 893-5580
Listed By:
April Brown · License #995705288
(504) 606-0466
Source:
Hospitalityrealty
Added: Aug 19
Changed: Oct 6
Last Checked: Oct 5 at 5:52PM
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 Tuxor Realty
Investment Insights
Based on property information with market context.
Located at 2200 Trio St in Chalmette, Louisiana, this triplex contains 2,724 square feet and is configured with three occupied residential units. The property also includes on-site coin laundry and an additional lot, extending the offering beyond the building itself.
A new roof was installed in December 2024, and a rear-unit staircase was recently added. The property is situated in Flood Zone X and is currently fully rented.
A new roof was installed in December 2024, and a rear-unit staircase was recently added. The property is situated in Flood Zone X and is currently fully rented.
Key Highlights
- 2,724‑square‑foot triplex with three occupied units
- Additional lot included with the property
- New roof installed in December 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,894
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,880
$597.9K
Cap Rate 7%
$427,057
$427.1K
Cap Rate 9%
$332,156
$332.2K
Market Conditions
NOI Build-Up for 2,724 SF
Gross rent
$46.7K $17.16/SF
− Vacancy
−$4.0K −$1.48/SF
EGI
$42.7K $15.68/SF
− OpEx
−$12.8K −$4.70/SF
NOI
$29.9K $10.97/SF
Area
St. Bernard County, LA
Vacancy
8.64%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,880
Cap Rate 7%
$427,057
Cap Rate 9%
$332,156
Alternative Uses
Best Use
Multifamily LT 5
$427.1K
$373.7K – $498.2K
NOI $29,894 @ 7.0% cap · market cap 9.20%
Second Best
Apartment 5plus
$399.2K
$349.3K – $465.8K
NOI $27,945 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$718.7K
$628.8K – $838.5K
NOI $50,307 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 70043, LA
21,596
Population
8,782
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
83%
High-School Grad
9.1 sq mi
ZIP Area
2,373
Density / Sq Mi
$57,065
Median Household Income
$37,969
Median Earnings
$1,091
Median Rent
$203,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three occupied units, a recent roof replacement, and on-site coin laundry serve the property’s existing configuration.
Where is this triplex located?
The property is located at 2200 Trio St Chalmette, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,724‑square‑foot triplex with three occupied units; Additional lot included with the property; New roof installed in December 2024
