Triplex with Updated
For Sale
$325,000
2200 TRIO Street, Chalmette, LA 70043
Multifamily, Chalmette, LA
Property Size2,724 SF
Lot Size0.22 Acres
Price / SF$119.31
Days on Market91
Property Features for 2200 TRIO Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking features
Off Street
Standard status
Active
APN
30410030000A
Size
2,724 SF
Lot size
0.22 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
LOT A SQ.3 TRIO & CULOTTA SUB. BEING COMPOSED OF ORIG. LOT 1-A SQ. 3 TRIO & ORIG. LOT 1-B SQ. 3 CULOTTA SUB. LOT A FORMS CORNER TRIO & CALVO STREETS & MEAS. 55' TRIO X 170' CALVO ST.
Legal Description
LOT A SQ.3 TRIO & CULOTTA SUB. BEING COMPOSED OF ORIG. LOT 1-A SQ. 3 TRIO & ORIG. LOT 1-B SQ. 3 CULOTTA SUB. LOT A FORMS CORNER TRIO & CALVO STREETS & MEAS. 55' TRIO X 170' CALVO ST.
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
on-site coin laundry
Building Details
Year built
1988
Number of units
3
Building materials
Block, Stucco
Architectural style
Other
Listing Agency:
1 Percent Lists Legacy
(504) 499-0047
Listed By:
Richard A Miley · License #995709617
(985) 265-2046
Added: Jul 28
Changed: Oct 24
Last Checked: Oct 26 at 4:06AM
MLS# 2569807
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,724-square-foot triplex in Chalmette contains three occupied units and an on-site coin laundry. The building dates to 1988 and has block and stucco construction, central heating and air conditioning, and off-street parking. A replacement roof was installed in December 2024, and a staircase was added to serve the rear unit. The property is in Flood Zone X and includes an additional lot. Its 0.2155-acre site is served by public water and sewer, with natural gas available.
Key Highlights
- Three occupied units in a 2,724‑square‑foot triplex
- On‑site coin laundry
- 0.2155‑acre site with an additional lot
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.
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Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied apartments and on-site coin laundry form the property’s rental configuration.
Where is this triplex located?
The property is located at 2200 TRIO Street 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: Three occupied units in a 2,724‑square‑foot triplex; On‑site coin laundry; 0.2155‑acre site with an additional lot
