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    Renovated Tri-plex Investment Property Title is generated by Realmo AI

    616 LEBEAU Street, Arabi, LA 70032

    View on Map
    Claim this Listing
    For Sale
    $279,900

    MULTI_FAMILY - Arabi, LA

    Property size:
    2,055 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $136/SF
    Added:
    Mar 6, 2026
    Days on Market:
    98
    Last Refresh:
    Jun 12 at 4:06 am

    Property Features for 616 LEBEAU Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    201000500003
    Size
    2,055 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Description
    LOT 3 SQ. 5 GREEN ACRES SUB 50X120=6000

    Utilities

    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1961
    Floors in Building
    2
    Number of units
    3
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Amanda Miller
    Amanda Miller

    Listing agent Amanda Miller License #995687438

    Listing office Amanda Miller Realty, LLC 300 W Judge Perez Drive, Chalmette, LA

    Listing date Mar 6, 2026

    MLS# 2546342 Listing URL

    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.

    HighLights

    • Renovated tri‑plex in desired Old Arabi community.
    • Potential for investment property or owner occupancy.
    • Unit A features a gourmet kitchen and luxurious bathroom with claw foot tub.
    • Large yard with gazebo.
    • Located in Flood Zone X.
    • Light wood colored floors and white paint throughout all units.

    Overview

    This renovated tri-plex is an investment property located in Old Arabi. Each unit features light wood-colored floors and white paint. Unit A includes a gourmet kitchen with white cabinets and counters. The bathroom has a claw foot soaking tub, mosaic flooring, and subway tiles on the walls. The property includes a large yard and gazebo in the backyard. The lot size is 0.1377 acres, and the property size is 2055 square feet. The property is located in Flood Zone X. The owner pays utilities and includes them in the rental amounts. This property is suitable to add to your investment portfolio or for owner occupancy.

    Local 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 $35.3k $17.16
    − Vacancy −$3.0k −$1.48
    EGI $32.2k $15.68
    − OpEx −$9.7k −$4.70
    NOI $22.6k $10.97
    2,055 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $322.2K
    $281.9K – $375.9K (±1% cap)
    NOI $22,552 @ 7.0% cap · market cap 8.06%
    Second Best
    Apartment 5plus
    $301.2K
    $263.5K – $351.4K (±1% cap)
    NOI $21,082 @ 7.0% cap · market cap 7.53%
    Theoretical Best
    Office A
    $542.2K
    $474.4K – $632.5K (±1% cap)
    NOI $37,952 @ 7.0% cap · market cap 13.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arabi
    County
    St. Bernard
    State
    Louisiana
    Longitude
    -90.003416
    Latitude
    29.951823

    FAQs

    What type of property is this?
    Triplex - Stunning renovated tri-plex in Old Arabi Community!
    Where is this triplex located?
    The property is located at 616 LEBEAU Street Arabi, LA.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: Renovated tri‑plex in desired Old Arabi community.; Potential for investment property or owner occupancy.; Unit A features a **gourmet kitchen and luxurious bathroom with claw foot tub**.
    More about this property
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