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12-Unit Apartment Building
For Sale
$750,000

1356 Flanders St, New Orleans, LA 70114

Property includes updated AC units, fresh exterior paint, and select unit upgrades.

Property Size6,100 SF
Price / SF$122.95
Days on Market49

Property Features for 1356 Flanders St

General Information

Standard status Active
Size 6,100 SF
Property subtype Multi-Family

Additional Details

Gross Income $109,200
Multifamily Units 12

Amenities

camera system

Building Details

Year Built 1967
Listing Agency: eXp Realty, LLC
Listed By: Lauren Lawson · License #995704895
Source: Dominionplace
Added: Jul 28 Changed: Sep 8 Last Checked: Sep 14 at 6:28PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This 12-unit apartment building contains 6,100 square feet and was built in 1967. Property improvements include a newer roof, updated AC units, exterior paint, and a camera system. Selected apartments have received new flooring and include refrigerators and stoves.

Located at 1356 Flanders St in New Orleans, the property is designated X Flood Zone. The unit count, building improvements, and existing equipment provide a clear multifamily configuration for continued apartment operations.

Key Highlights

  • 12‑unit apartment building with 6,100 square feet
  • Built in 1967
  • X Flood Zone designation

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Spa & Massage Center Nail Salon

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

299
Businesses Nearby

Demographics for 70114, LA

23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Property includes updated AC units, fresh exterior paint, and select unit upgrades.
Where is this apartment building located?
The property is located at 1356 Flanders St New Orleans, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 12‑unit apartment building with 6,100 square feet; Built in 1967; X Flood Zone designation
More about this property
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