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Corner Multifamily Renovation Opportunity
For Sale
$99,999

3334 WASHINGTON Avenue, New Orleans, LA 70125

MULTI_FAMILY - New Orleans, LA

Property Size2,822 SF
Price / SF$35.44
Days on Market283

Property Features for 3334 WASHINGTON Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Lot features Regular
Subdivision Hoffman Triangle
Standard status Active
APN Sq 439
Size 2,822 SF

Taxes and HOA fees

Tax Description 1. SQ 439 LOT 2 D WASHINGTON & 2. S JOHNSON 29/30X60 3. LOUNGE
Legal Description 1. SQ 439 LOT 2 D WASHINGTON & 2. S JOHNSON 29/30X60 3. LOUNGE

Utilities

Water source Public

Building Details

Year built 1923
Floors in Building 2
Number of units 3
Roof type Shingle, Asphalt
Listing Agency: Berkshire Hathaway HomeServices Preferred, REALTOR
Listed By: Graham Holly · License #995694375
Added: Oct 22, 2025 Changed: Jul 11 Last Checked: Jul 31 at 2:06AM
MLS# 2527715

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This corner multifamily property is zoned HU-RD2 and is located at 3334 WASHINGTON Avenue in New Orleans, LA 70125. The building was formerly used as a neighborhood lounge and will require a full renovation. Depending on city approval, the prior commercial use may still be an option.

The site is set within the RLD-Pre War future land use area, offering flexibility for redevelopment as residential or mixed use. Proof of funds is required for showings, and inquiries can be directed to Graham for details.

Key Highlights

  • Corner property built in 1923
  • Zoned HU‑RD2 with potential for residential or mixed‑use redevelopment (subject to city approval)
  • Former neighborhood lounge building—requires full renovation; prior commercial use may be an option subject to city approval

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm HVAC Service Furniture & Home Goods Accounting Firm Plumbing Service Home Appliance Store

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

1,467
Businesses Nearby

Demographics for 70125, LA

17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Corner multifamily property zoned HU-RD2, formerly a neighborhood lounge, requiring full renovation and city approval for prior commercial use.
Where is this triplex located?
The property is located at 3334 WASHINGTON Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $99,999.
What are key features of this property?
This property features: Corner property built in 1923; Zoned HU‑RD2 with potential for residential or mixed‑use redevelopment (subject to city approval); Former neighborhood lounge building—requires full renovation; prior commercial use may be an option subject to city approval
More about this property
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