- 6 beds
- 4 baths
- 4,093 sqft
- $213 per sqft
- 1932 build
Investment opportunity to own prime piece of real estate located directly across from Tulane University's Newcomb campus, placing it in the heart of citys in demand rental zone. This classic stucco triplex is positioned for steady, long term income with appeal to students, faculty, and professionals year after year. The large upper unit, featuring hardwood floors and central air/heat is leased for $6000 a month beginning June 1, 2025. On the ground floor, Unit B is leased for $1600/month beginning June 1 for one year as well. Unit A is month to month for $1200 offering flexibility for future use. Each unit has separate gas and electric meters and shared water meter. Additional features include off street parking, automatic security lighting, and 1.5 blocks away from Willow School. Whether just entering the market, or seasoned investor, take this opportunity to own high yield real estate steps from Tulane's campus
Last checked:
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Last updated Jun 29, 2025
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MLS# 2501345 —
The Building
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Year Built:1932
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Construction Materials:Stucco
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Building Area Source:Measured
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Roof:Other
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Foundation:Raised, Slab
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Exterior Features:Permeable Paving
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Levels:Two
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Stories:2
Interior
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Living Area:4093
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Living Area Source:Measured
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Laundry Features:Laundry Room
Financial & Terms
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Home Warranty:No
Location
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Directions:Claiborne to Broadway
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Cross Street:willow,zimpel,pine
The Property
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Parcel Number:square 10
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Property Type:Residential Income
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Property Condition:Very Good Condition
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:51 x 120
Listing Agent
- Contact info:
- Agent phone:
- (504) 888-4585
- Office phone:
- (504) 888-4585
Taxes
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Tax Lot:7
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Tax Legal Description:Freiburg sq 10 lot 7
Beds
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Bedrooms Total:6
Baths
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Full Baths:4
The Listing
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Current Price:$875,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central, Window Unit
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Heating:Yes
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Cooling:Central Air, Window Unit(s)
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Pool Features:None
Parking
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Parking Features:Driveway
Extra Units
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/29/25
Jun 29, 2025
|
Listed / Active | GSREIN | $875,000 | |
6/10/25
Jun 10, 2025
|
Sold Subject To Contingencies | GSREIN | $875,000 | |
6/2/25
Jun 2, 2025
|
Listed / Active | GSREIN | $875,000 |