Fully Renovated 6-Unit Apartment
For Sale
$699,000
4237 Fontainebleau, New Orleans, LA 70125
Six fully renovated units across three stories with 100% occupancy and actual gross income of $7,594 per month.
Property Size5,952 SF
Price / SF$117.44
Days on Market532
Property Features for 4237 Fontainebleau
General Information
Standard status
Active
Size
5,952 SF
Property subtype
Multifamily
Zoning
HU-RD2
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
6
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
Bridgewater Realty Advisors
Listed By:
Mason McCullough · License #LA9705
(504) 298-5547
Source:
Lacdb.resimplifi
Added: Mar 28, 2025
Changed: Sep 8
Last Checked: Sep 10 at 5:39AM
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 Bridgewater Realty Advisors
Investment Insights
Based on property information with market context.
This fully renovated, turn-key 6-unit apartment complex is configured across three stories and is 100% occupied. The six renovated units include upgrades to each unit to varying degrees, positioning the property for an owner to pursue the maximum rents supported by the local market for these unit layouts.
The building is located near the Napoleon Avenue and S. Broad Street intersection in New Orleans, Louisiana, within the Broadmoor area described in the remarks as highly sought after by prospective tenants.
From an operations standpoint, the current financials referenced in the remarks show $7,594 per month in actual gross income and consistent occupancy for the existing unit mix.
The building is located near the Napoleon Avenue and S. Broad Street intersection in New Orleans, Louisiana, within the Broadmoor area described in the remarks as highly sought after by prospective tenants.
From an operations standpoint, the current financials referenced in the remarks show $7,594 per month in actual gross income and consistent occupancy for the existing unit mix.
Key Highlights
- Fully renovated 6‑unit apartment complex across 3 stories
- 100% occupied with six renovated units
- Actual gross income of $7,594 per month
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,059
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six fully renovated units across three stories with 100% occupancy and actual gross income of $7,594 per month.
Where is this apartment building located?
The property is located at 4237 Fontainebleau New Orleans, LA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully renovated 6‑unit apartment complex across 3 stories; 100% occupied with six renovated units; Actual gross income of $7,594 per month
