Affordable Uptown Multi-Family

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30853073
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 3,384 SF
Gross Building Area: See Agent
Gross Land Area: 5,389 SF
Sale Price: $199,000
Unit Price: $49,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2023

Overview / Comments

Renovation opportunity located one property off of Freret St and on the uptown side of Louisiana Ave. Three structures on one lot of record. One structure is a double that is tenant occupied. The other two properties have sustained fire damage. Zoned HU-RD2, the zoning district encourages one and two family developments. Numerous new construction and renovated homes in the area.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 614330120
Property Located Between: Freret, S Robertson, Amelia, Louisiana Ave
Total Number of Buildings: 3
Number of Stories: 185
Lot Frontage: 85
Lot Depth: 64
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SQ 595 LOT 19 20

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 35,825 189,449 402,696
Median Age: 35.91 36.01 37.28
Households: 16,676 82,873 169,584


Photograph of Listing Agent

Neil Forester

Latter & Blum Holding Company
New Orleans, LA
LACDB Member
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