32-Unit Townhouse-Style Apartment
For Sale
$2,090,000
1432 Independence St, New Orleans, LA 70117
Eight two-story buildings offer controlled access, on-site laundry, central air conditioning, and individually metered electricity.
Property Size28,000 SF
Lot Size1.26 Acres
Price / SF$74.64
Days on Market330
Property Features for 1432 Independence St
General Information
Standard status
Active
Size
28,000 SF
Total Parking Spaces
36
Lot size
1.26 Acres
Property subtype
Multifamily
Zoning
HU-RM1
Occupancy
100%
Additional Details
Average Monthly Rent
$964
Utilities to Site
Yes
Multifamily Units
32
Amenities
gated parking
controlled access
on-site laundry
central air conditioning
Building Details
Buildings
8
Stories
2
Construction
townhouse-style
Listing Agency:
The McEnery Company Inc
(504) 236-9542
Listed By:
S. McEnery
(504) 236-9542
Source:
Lacdb.resimplifi
Added: Oct 6, 2025
Changed: Aug 29
Last Checked: Aug 30 at 1:13PM
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 The McEnery Company Inc
Investment Insights
Based on property information with market context.
This apartment community contains 32 townhouse-style units totaling 28,000 square feet on a 1.26-acre site. The layout includes eight two-story buildings with four units per building, along with central air conditioning, gable roofs with warranties, controlled access, and on-site laundry facilities. Electricity is individually metered, while water service is centralized. The property was built in the 1950s and updated in the 1990s.
Located at 1432 Independence Street in New Orleans’ Bywater submarket, the property is currently 100% occupied. Residents have access to 36 gated parking spaces in addition to on-street parking. Average unit size is 875 square feet, and the property is zoned HU-RM1.
Located at 1432 Independence Street in New Orleans’ Bywater submarket, the property is currently 100% occupied. Residents have access to 36 gated parking spaces in addition to on-street parking. Average unit size is 875 square feet, and the property is zoned HU-RM1.
Key Highlights
- 32 townhouse‑style apartment units across eight two‑story buildings
- 28,000 SF on a 1.26‑acre site at 1432 Independence Street
- 100% occupied with average unit size of 875 SF
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,175
Businesses Nearby
Explore this area
Business Placement
Demographics for 70117, LA
28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight two-story buildings offer controlled access, on-site laundry, central air conditioning, and individually metered electricity.
Where is this apartment building located?
The property is located at 1432 Independence St New Orleans, LA.
What is the asking price?
The asking price for this property is $2,090,000.
What are key features of this property?
This property features: 32 townhouse‑style apartment units across eight two‑story buildings; 28,000 SF on a 1.26‑acre site at 1432 Independence Street; 100% occupied with average unit size of 875 SF
