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Triplex with Separate Meters
For Sale
$205,000

2804-06 Philip St, New Orleans, LA 70113

One unit is occupied, with a backyard and off-street parking.

Property Size2,686 SF
Price / SF$76.32
Days on Market36

Property Features for 2804-06 Philip St

General Information

Standard status Active
Size 2,686 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 3

Amenities

large backyard

Building Details

Year Built 1946
Listing Agency: Ponds Properties
Listed By: Kiva Jasmin
Source: Dominionplace
Added: Jul 27 Changed: Aug 28 Last Checked: Aug 31 at 7:19PM

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 Ponds Properties

Investment Insights

Based on property information with market context.

This New Orleans triplex contains 2,686 square feet and dates to 1946. The property includes three units, with one currently occupied, and each unit has its own meter. Exterior features include a large backyard and off-street parking.

Located at 2804-06 Philip St, the property is minutes from Caesars Superdome. The separate metering and existing three-unit configuration provide clear physical characteristics for evaluating the asset as a residential income property.

Key Highlights

  • 2,686‑square‑foot triplex built in 1946
  • Three‑unit configuration with 1 unit occupied
  • Separate meters serve all units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Carpet & Flooring Store Locksmith Home Appliance Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby

Demographics for 70113, LA

8,569
Population
5,512
Households
1.6
Avg Household Size
37
Median Age
27%
College-Educated
74%
High-School Grad
0.9 sq mi
ZIP Area
9,521
Density / Sq Mi
$36,897
Median Household Income
$31,126
Median Earnings
$960
Median Rent
$258,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - One unit is occupied, with a backyard and off-street parking.
Where is this triplex located?
The property is located at 2804-06 Philip St New Orleans, LA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 2,686‑square‑foot triplex built in 1946; Three‑unit configuration with 1 unit occupied; Separate meters serve all units
More about this property
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