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Three-Unit Triplex
For Sale
$190,000
Pending

8729 31 EDINBURGH Street, New Orleans, LA 70118

Income-producing residential property with separate upper-level electric responsibility and renovation needs.

Property Size1,631 SF
Days on Market81

Property Features for 8729 31 EDINBURGH Street

General Information

Standard status Pending
Size 1,631 SF
Property subtype Triplex

Property Condition

Severity Repairs Needed
Evidence Does need painting

Building Details

Building Size 1,631 SF
Year Built 1940
Listing Agency: Anthony Posey Properties, Inc
Listed By: Anthony Posey · License #000075384
Source: Ewbank.kw
Added: Jun 12 Changed: Aug 31 Last Checked: Aug 31 at 12:39PM

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 Anthony Posey Properties, Inc

Investment Insights

Based on property information with market context.

This three-unit residential property was built in 1940 and is currently operated as an income-producing asset. The building requires painting, while the existing rental arrangement remains in place. Water and electric service are paid by ownership for the property, with the upstairs occupant responsible for that unit’s electric service.

Located at 8729 31 Edinburgh Street in New Orleans, the property is offered for sale as a triplex. Property access requires 24 to 48 hours’ notice, and showings may be limited to one or two apartments at a time.

Key Highlights

  • Three‑unit residential income property
  • Built in 1940
  • Painting needed as part of the property’s renovation requirements

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Accounting Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

821
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 - Income-producing residential property with separate upper-level electric responsibility and renovation needs.
Where is this triplex located?
The property is located at 8729 31 EDINBURGH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Three‑unit residential income property; Built in 1940; Painting needed as part of the property’s renovation requirements
More about this property
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