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    940 Louisiana Avenue Pkwy New Orleans, LA 70115

    Sponsored
    For Sale
    $450,000

    Victorian, 3 Plex - New Orleans, LA

    Property size:
    2,750 SF
    Days on Market:
    160
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 940 Louisiana Avenue Pkwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    EntryLevel
    2
    Size
    2,750 SF

    Utilities

    Heating system
    Ductless (Heating), Other (Heating)
    Cooling system
    Ductless, Wall Unit(s), Window Unit(s)

    Building Details

    Floors in Building
    2
    Number of units
    3
    Building materials
    Wood Siding
    Roof type
    Shingle
    Architectural style
    Victorian

    HODC LLC dba Keller Williams Realty New Orleans (504) 862-0100 [email protected]

    Listing agent Terrence Davis (504) 862-0100

    Listing date Jul 30, 2025

    MLS# 2514416 Listing URL

    Copyright © 2026 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Victorian Triplex Renovation Opportunity

    This property presents a renovation opportunity and is located one block from Magazine Street. Currently configured as a triplex, the building could be converted into a single-family home with income potential or maintained as an investment property. The property, formerly a corner store, is situated on a corner lot. The property size is 2750 square feet. It is being sold as is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.098207
    Latitude
    29.941735

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    FAQs

    What type of property is this?
    Triplex - Charming triplex near Magazine St, endless possibilities!
    Where is this triplex located?
    The property is located at 940 Louisiana Avenue Pkwy New Orleans, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime corner location just one block from Magazine St.; - Tremendous renovation opportunity.; - Can be converted to a single-family home.
    (504) 450-9003
    Request Owner's contact information
    940 Louisiana Avenue Pkwy New Orleans, LA 70115
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    New Orleans, LA 70115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    940 Louisiana Avenue Pkwy New Orleans, LA 70115
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