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Two-Home Multifamily Property
New
For Sale
$135,000

3037-3037 1/2 Andover St, Jefferson, LA 70121

Two residences have private entrances, separate kitchens and living areas, and individual electric and gas meters.

Property Size1,713 SF
Price / SF$78.81
Days on Market3

Property Features for 3037-3037 1/2 Andover St

General Information

Standard status Active
Size 1,713 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 1BR/1BA
Multifamily Units 2
Individually Metered Utilities electricity, gas

Additional Details

Utilities to Site Yes

Building Details

Year Built 1954
Buildings 2
Listing Agency: United Real Estate Partners LLC
Listed By: April Brown · License #995705288
Source: Hospitalityrealty
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 4:50PM

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 United Real Estate Partners LLC

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Investment Insights

Based on property information with market context.

This multifamily property comprises two separate residences on one lot. The rear home has 3 bedrooms and 1.5 bathrooms, while the front home has 1 bedroom and 1 bathroom. Each residence includes its own entrance, kitchen, and living area. The property contains 1,713 square feet and was built in 1954.

Parking includes off-street spaces and covered parking. The homes have separate electric and gas meters, with one shared water meter. The rear residence had its roof replaced in 7/2024, and the front residence had its roof replaced in 2022.

Key Highlights

  • Two separate homes on one lot
  • Rear residence: 3 bedrooms, 1.5 bathrooms; roof replaced 7/2024
  • Front residence: 1 bedroom, 1 bathroom; roof replaced 2022

Property Analytics

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby

Demographics for 70121, LA

11,523
Population
6,415
Households
1.8
Avg Household Size
46
Median Age
36%
College-Educated
88%
High-School Grad
3.3 sq mi
ZIP Area
3,492
Density / Sq Mi
$59,029
Median Household Income
$40,151
Median Earnings
$1,113
Median Rent
$237,200
Median Home Value

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?
Multifamily property - Two residences have private entrances, separate kitchens and living areas, and individual electric and gas meters.
Where is this multifamily property located?
The property is located at 3037-3037 1/2 Andover St Jefferson, LA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Two separate homes on one lot; Rear residence: 3 bedrooms, 1.5 bathrooms; roof replaced 7/2024; Front residence: 1 bedroom, 1 bathroom; roof replaced 2022
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