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1028 Franklin St, Gretna, LA, 70053

4beds
3baths
2,253sqft
$195,000
$87price/sqft
$1,567/moest. monthly cost
$62,680/yrincome needed

About This Home

Calling all investors, 3 units all rented and tenants have been there for 12 years and want to stay. (Rent total $2,450) Owner has done some repairs and updates over the years. Units A and C the a/c units were replaced in 2024 and 2025. Roof replaced in 2018, under termite contract, also has current flood insurance policy ($574/yr) in place that buyer can assume. Call for an appointment today!

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

4/10
--
Gretna Middle SchoolGrades 6-82.3 mi
5/10

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1972

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Triplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,253 sqft

Property

Details

  • Parcel number: 0100000109
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Fence

Lot

  • Lot size: 4,767 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 37.04 x 128.7

Parking

  • Total spaces: 3
  • Parking features: Off Street,Three or more Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance *$319$3,828
Property Taxes $92$1,104
Electricity $170$2,044
Total$1,567$18,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,725/yr
40% on housing$47,010/yr
45% on housing$41,786/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.0%
16.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$87This listing

vs Other Active Listings

Avg $/sqft

ZIP 70053$122
Jefferson Parish$159

vs Homes Sold Last Month

Median $/sqft

ZIP 70053$144
Jefferson Parish$156

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$195,000

For Sale by Agent

AgentSandy Sallettes
BrokerageC-21 Richard Berry & Assoc,Inc

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