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Three-Unit Triplex
New
For Sale
$99,900

2824 S Johnson St, New Orleans, LA 70117

All three residences are occupied, with one bedroom and one bathroom in each unit.

Property Size1,296 SF
Price / SF$77.08
Days on Market5

Property Features for 2824 S Johnson St

General Information

Standard status Active
Size 1,296 SF
Property subtype Residential Income
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence needs some TLC

Site & Location

Neighborhood Broadmoor

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes
Listing Agency: Compass Westbank (LATT10)
Listed By: Anthony Grosch · License #000037994
Source: Exprealty
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 24 at 2:39PM

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 Compass Westbank (LATT10)

Rey
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Investment Insights

Based on property information with market context.

This triplex contains three one-bedroom, one-bathroom units, totaling 1,296 square feet. All units are occupied. The property requires some work, and the seller will make no repairs; the sale is as-is.

Key Highlights

  • Three units, each with 1 bedroom and 1 bathroom
  • 1,296 square feet total
  • All units occupied

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,692
Businesses Nearby

Demographics for 70117, LA

28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All three residences are occupied, with one bedroom and one bathroom in each unit.
Where is this triplex located?
The property is located at 2824 S Johnson St New Orleans, LA.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Three units, each with 1 bedroom and 1 bathroom; 1,296 square feet total; All units occupied
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