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Historic Apartment Conversion
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1215 Louisiana Ave, New Orleans, LA 70115

Historic former school converted into 22 apartments with 19 parking spaces and 100% occupancy.

Property SizeContact for details
Days on Market123

Property Features for 1215 Louisiana Ave

General Information

Standard status Active
Total Parking Spaces 19
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 22

Building Details

Year Renovated 2016
Tenancy Multi
Listing Agency: Talbot Realty Group
Listed By: Bobby Talbot · License #LA 0000006978
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Talbot Realty Group

Investment Insights

Based on property information with market context.

Converted in 2016, this historic former school has been reconfigured into 22 apartments within one residential complex. The property includes 19 parking spaces, supporting resident parking needs.

The offering is for sale, and the complex is currently reported as 100% occupied. A rent roll and profit and loss statements are available for review upon qualification and execution of an NDA.

Key Highlights

  • Historic former school converted into 22 apartments
  • Converted in 2016
  • 19 parking spaces on site

Property Analytics

Current Use

Good Counsel Apartments Apartment Building

Suggested Use

Top Pick Building Supply Accounting Firm Auto Parts Store Electrical Service HVAC Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,088
Businesses Nearby

Demographics for 70115, LA

31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Historic former school converted into 22 apartments with 19 parking spaces and 100% occupancy.
Where is this apartment building located?
The property is located at 1215 Louisiana Ave New Orleans, LA.
What are key features of this property?
This property features: Historic former school converted into 22 apartments; Converted in 2016; 19 parking spaces on site
(504) 237-1266 Call to check price and availability
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