Triplex with On-Site Coin
New
For Sale
$329,900
2200 TRIO Street, Chalmette, LA 70043
MULTI_FAMILY - Chalmette, LA
Property Size2,724 SF
Lot Size0.22 Acres
Price / SF$121.11
Days on Market4
Property Features for 2200 TRIO Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Lot features
Oversized
Standard status
Active
APN
30410030000A
Size
2,724 SF
Lot size
0.22 Acres
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
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Floors in Building
1
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
1 Percent Lists Legacy
(504) 499-0047
Listed By:
Trey Miley · License #995709617
(985) 265-2046
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 5:06AM
MLS# 2569807
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex offers a fully rented setup with three occupied units and an additional lot. The building includes central heating and central air conditioning, shingle roofing, and public water service. Off-street parking is available, and the property includes an on-site coin laundry.
Updates include a new roof installed in December 2024 and a recently added staircase for the rear unit. The configuration provides ownership corner to corner with the included additional lot.
Built in 1988, the property sits on a 0.2155-acre lot with 2,724 square feet of building area. It is located in Flood Zone X, which can help inform insurance and risk considerations for potential tenants or owners.
Updates include a new roof installed in December 2024 and a recently added staircase for the rear unit. The configuration provides ownership corner to corner with the included additional lot.
Built in 1988, the property sits on a 0.2155-acre lot with 2,724 square feet of building area. It is located in Flood Zone X, which can help inform insurance and risk considerations for potential tenants or owners.
Key Highlights
- 0.2155‑acre lot with a 2,724 SF triplex built in 1988
- Flood Zone X location
- Three occupied units and an additional lot
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 | $46.7k | $17.16 |
| − Vacancy | −$4.0k | −$1.48 |
| EGI | $42.7k | $15.68 |
| − OpEx | −$12.8k | −$4.70 |
| NOI | $29.9k | $10.97 |
2,724 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$427.1K
$373.7K – $498.2K
NOI $29,894 @ 7.0% cap · market cap 9.06%
Second Best
Apartment 5plus
$399.2K
$349.3K – $465.8K
NOI $27,945 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$718.7K
$628.8K – $838.5K
NOI $50,307 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Triplex in Flood Zone X with three occupied units, central HVAC, off-street parking, and on-site coin laundry.
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 $329,900.
What are key features of this property?
This property features: 0.2155‑acre lot with a 2,724 SF triplex built in 1988; Flood Zone X location; Three occupied units and an additional lot
