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    12-Unit Apartment Building
    Updated: Jul 28
    12-Unit Apartment Building

    1356 Flanders St, New Orleans, LA 70114

    $800,000
    6,100 sqft
    12‑unit apartment building with 6,100 square feet
    Built in 1967
    X Flood Zone designation
    Newer roof and updated AC units
    Fresh exterior paint and camera system
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    This listing looks promising.

    Here's a quick look at some key insights for

    1356 Flanders St, New Orleans, LA 70114

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $71K
      Annual

    • Mortgage

      $595K
      Jan 2022

    • Last Sold

      Jan 2022
      $744K

    • Property Type

      Apartment House
      Built 1965
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    Colonial Apartment Building with Balcony
    Updated: May 19
    Colonial Apartment Building with Balcony

    818 BOURBON Street, New Orleans, LA 70112

    $2,995,000
    6,214 sqft
    6,214‑square‑foot apartment property built in 1837
    Condominium portfolio with courtyard‑facing residences
    Second‑floor residence with Bourbon Street balcony
    Updated kitchens and baths with in‑unit washer/dryers
    New slate roof and shared courtyard
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    Historic Apartment Building Redevelopment
    Historic Apartment Building Redevelopment

    2232 ESPLANADE Avenue, New Orleans, LA 70119

    $849,000
    4,245 sqft

    Five-unit property with an adjacent lot offers a full renovation project along Esplanade Avenue.

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    Historic Five-Unit Apartment Building
    Historic Five-Unit Apartment Building

    2232 ESPLANADE Avenue, New Orleans, LA 70119

    $849,000
    4,245 sqft

    Historic-district property with separately metered utilities and an adjacent lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated 5-Unit Apartment Building
    Renovated 5-Unit Apartment Building

    2001 Laharpe St, New Orleans, LA 70116

    $799,000
    5,157 sqft

    Two structures offer updated kitchens, refreshed bathrooms, and a detached one-car garage.

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    12-Unit Apartment Building with Cameras
    12-Unit Apartment Building with Cameras

    1356 FLANDERS Street, New Orleans, LA 70114

    $750,000
    6,100 sqft

    Fenced property with off-street parking and updated cooling systems.

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    Greek Revival Apartment Building
    Greek Revival Apartment Building

    2501 DAUPHINE Street, New Orleans, LA 70117

    $750,000
    3,686 sqft 0.08 AC lot

    Five individually metered apartments in an 1850s corner property with balconies, off-street parking, and original architectural details.

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    Five-Unit Greek Revival Apartment Building
    Five-Unit Greek Revival Apartment Building

    2501 DAUPHINE Street, New Orleans, LA 70117

    $750,000
    3,686 sqft 0.08 AC lot

    Corner property with balconies, off-street parking, and a fenced rear yard.

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    Three-Story Mixed-Use Property
    Three-Story Mixed-Use Property

    3301 CANAL Street, New Orleans, LA 70119

    $2,000,000
    8,980 sqft

    Fully occupied building combines ground-floor commercial space with upper-level residential units and on-site parking.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1905 FRANCE Street, New Orleans, LA 70117

    $650,000
    3,100 sqft

    Fully leased multifamily property with individually assigned parking and separately metered electric and water service.

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    Historic Seven-Unit Apartment Building
    Historic Seven-Unit Apartment Building

    1309 DAUPHINE Street, New Orleans, LA 70116

    $2,299,000
    6,069 sqft 0.10 AC lot

    Three-story residence with occupied units, updated building systems, distinctive architectural details, and shared outdoor spaces.

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    Restored Apartment Building with Courtyard
    Restored Apartment Building with Courtyard

    622 Esplanade Ave, New Orleans, LA 70116

    $2,350,000
    5,587 sqft

    Historic property includes five separately metered studios, gated off-street parking, and extensive period detailing.

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    Six-Unit Shotgun Apartment Building
    Six-Unit Shotgun Apartment Building

    4318 ANNUNCIATION Street, New Orleans, LA 70115

    $590,000
    3,068 sqft 0.10 AC lot

    Historic shotgun-style units with a shared backyard, public water service, and a two-building configuration.

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    Six-Unit Apartment Property
    Six-Unit Apartment Property

    4318 ANNUNCIATION Street, New Orleans, LA 70115

    $590,000
    3,068 sqft 0.10 AC lot

    Two structures provide multifamily space with a shared backyard and access to established New Orleans destinations.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    315 Decatur St, New Orleans, LA 70130

    $2,550,000
    8,800 sqft

    Five residential units complement a street-front commercial space with balconies, pool, courtyard, and in-unit amenities.

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    Six-Unit Cottage Apartment Property
    Six-Unit Cottage Apartment Property

    3400 DAUPHINE Street, New Orleans, LA 70117

    $1,300,000
    5,275 sqft 0.14 AC lot

    Three remodeled cottage-style buildings offer apartment income potential with fenced outdoor areas and off-street parking.

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    Renovated Six-Unit Apartment Building
    Renovated Six-Unit Apartment Building

    728 DESIRE Street, New Orleans, LA 70117

    $999,000
    4,480 sqft 0.19 AC lot

    Six-apartment property with off-street parking, central HVAC, and security cameras in New Orleans’ Bywater neighborhood.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    4415 35 Wilson Ave, New Orleans, LA 70126

    $965,000
    8,360 sqft

    Renovated multifamily property with individually metered utilities, on-site laundry, and off-street parking.

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    Apartment Building with Condo Conversion Option
    Apartment Building with Condo Conversion Option

    3135 DAUPHINE Street, New Orleans, LA 70117

    $2,850,000
    15,054 sqft

    Apartment property with off-street parking, ductless climate systems, public water service, and condominium conversion flexibility.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    710 BURDETTE Street, New Orleans, LA 70118

    $825,000
    5,655 sqft

    Separately metered units offer varied bedroom layouts, central heating, and off-street parking.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    7930 Plum St, New Orleans, LA 70118

    $1,650,000
    8,884 sqft

    Well-maintained multifamily property with varied unit layouts, off-street parking, and a shared backyard.

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    Greek Revival Apartment Building
    Greek Revival Apartment Building

    2501 Dauphine St, New Orleans, LA 70117

    $750,000
    3,686 sqft

    Five-unit corner property with balconies, rear-yard access, and parking for multiple vehicles.

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    Renovated Six-Unit Apartment Building
    Renovated Six-Unit Apartment Building

    728 Desire St, New Orleans, LA 70117

    $999,000
    4,480 sqft

    Gutted and fully renovated in 2019, the property includes off-street parking and a six-apartment configuration.

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    Mixed-Use Property with Courtyard
    Mixed-Use Property with Courtyard

    824 Royal St, New Orleans, LA 70116

    $3,300,000
    8,283 sqft

    Eight residences accompany a street-facing commercial suite in a two-building configuration.

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    New Orleans, LA Apartment Buildings Market Trends and Statistics

    Explore 111 apartment buildings for sale in New Orleans, LA, showcased through 111 active listings on our real estate platform. These investment opportunities span a total of 1,380,130 square feet of properties for sale, with an estimated market value of $126,257,900.

    Sale prices for two-family homes in New Orleans, LA start at $464,000, averaging $1,912,998, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 414K
    Population Growth (5Y) -0.1%
    Median Household Income $59,924
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

    Identify New Orleans submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    70119 $685K
    70125 $775K
    70118 $797.3K
    70114 $925K
    70117 $943.7K

    Taxes & Financing

    Tax Rate (average for all types) 12.50%
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in New Orleans fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in New Orleans, LA

    • 70117
    • 70112
    • 70118
    • 70130
    • 70114
    • 70115
    • 70116
    • 70119
    • 70113
    • 70127
    • 70123

    Featured New Orleans Real Estate Agencies

    Realmo connects you with licensed New Orleans CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    HomeSmart Realty South
    145 W. Harrison Ave, Suite B New Orleans, LA 70124
    Phone: 15049085037
    www.homesmartrealtysouth.com

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