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Renovated Fully Furnished Triplex
For Sale
$1,800,000

7101-7105 Maple Street, New Orleans, LA 70118

Newly renovated, fully furnished 3-unit property offered 100% leased with 12-month lease terms.

Days on Market107

Property Features for 7101-7105 Maple Street

General Information

Standard status Active
Property subtype Multi Family Home
Occupancy 100%

Financials

Cap Rate 5%
Business Included Yes

Additional Details

Multifamily Units 3

Building Details

Year Built 1972
Tenancy Multi
Listing Agency: Berkshire Hathaway Homeservices Preferred, Realtor
Listed By: Blake Rose · License #995706121
Source: Nolalivingrealty
Added: Apr 15 Changed: Jul 21 Last Checked: Jul 30 at 12:36PM

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 Berkshire Hathaway Homeservices Preferred, Realtor

Investment Insights

Based on property information with market context.

This newly renovated 3-unit triplex has been furnished and is offered as a turn-key, fully leased investment. The renovations were completed within the last year, and the property is described as having zero deferred maintenance. Each unit has a 12-month lease term, and the listing notes that outdoor space is available with additional emphasis on the endcap units. Assigned parking and mature landscaping are also included.

The property is positioned in immediate proximity to both the Freret Street corridor and the core of Tulane University’s campus, supporting convenient access to the area’s residential and school demand.

The site is located in flood zone X, with an assumable flood policy noted in the offering materials. Initial showings are scheduled for May 15, following the spring exam period.

Key Highlights

  • 1972‑built 3‑unit property offered fully furnished and newly renovated, with zero deferred maintenance
  • 100% leased with 12‑month lease terms for all 3 units (tenant pay on time and in full)
  • Each unit includes significant outdoor space, with endcap units offering space for grilling and spending time outside

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Parking Lot & Garage Auto Repair Shop Building Supply

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
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,453
Businesses Nearby

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
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 - Newly renovated, fully furnished 3-unit property offered 100% leased with 12-month lease terms.
Where is this triplex located?
The property is located at 7101-7105 Maple Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 1972‑built 3‑unit property offered fully furnished and newly renovated, with zero deferred maintenance; 100% leased with 12‑month lease terms for all 3 units (tenant pay on time and in full); Each unit includes significant outdoor space, with endcap units offering space for grilling and spending time outside
More about this property
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