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Rehabilitated Multifamily Property
New
For Sale
$159,000

2613 15 2nd St, New Orleans, LA 70113

Residential property with extensive structural repairs and updated exterior improvements.

Property Size1,500 SF
Price / SF$106
Days on Market4

Property Features for 2613 15 2nd St

General Information

Standard status Active
Size 1,500 SF
Property subtype Multi-Family

Building Details

Year Built 1903
Listing Agency: Sunshine Brokers
Listed By: Paula George · License #000039555
Source: Fiorellaavenue
Added: Sep 7 Changed: Sep 9 Last Checked: Sep 9 at 8:57PM

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 Sunshine Brokers

Investment Insights

Based on property information with market context.

This multifamily property offers 1,500 square feet of residential space in a structure originally built in 1903. Major rehabilitation work addressed the roof, sills, joists, and ceiling joists, while existing hardwood floors were retained. The wooden windows were reglazed, and the exterior received new paint along with Hardie siding on the sides of the building.

Additional improvements include a new wooden fence, providing a completed exterior update alongside the structural repairs. The property is located at 2613 15 2nd St in New Orleans, Louisiana.

Key Highlights

  • 1,500 square feet of residential space
  • Built in 1903
  • Structural repairs completed to roof, sills, joists, and ceiling joists

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby

Demographics for 70113, LA

8,569
Population
5,512
Households
1.6
Avg Household Size
37
Median Age
27%
College-Educated
74%
High-School Grad
0.9 sq mi
ZIP Area
9,521
Density / Sq Mi
$36,897
Median Household Income
$31,126
Median Earnings
$960
Median Rent
$258,500
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?
Multifamily property - Residential property with extensive structural repairs and updated exterior improvements.
Where is this multifamily property located?
The property is located at 2613 15 2nd St New Orleans, LA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 1,500 square feet of residential space; Built in 1903; Structural repairs completed to roof, sills, joists, and ceiling joists
More about this property
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