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Historic Triplex with Covered Porch
For Sale
$255,000

1621 Esplanade Ave, New Orleans, LA 70116

Offered as-is, the property requires interior buildout and has not received improvements or updates.

Property Size2,993 SF
Price / SF$85.20
Days on Market33

Property Features for 1621 Esplanade Ave

General Information

Standard status Active
Size 2,993 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence requiring interior buildout

Additional Details

Multifamily Units 3

Amenities

covered porch
balcony

Building Details

Year Built 1914
Buildings 1
Listing Agency: Nola Living Realty
Listed By: April Brown · License #995705288
Source: Hospitalityrealty
Added: Jul 30 Changed: Aug 31 Last Checked: Aug 30 at 4:19PM

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 Nola Living Realty

Investment Insights

Based on property information with market context.

This 2,993-square-foot triplex was built in 1914 and is being offered in its existing condition. The property requires interior buildout, with no improvements or updates completed. A covered porch and balcony provide exterior features overlooking Esplanade.

Located at 1621 Esplanade Ave in New Orleans, the property is positioned on the City Park side near N. Claiborne Avenue. The asset is marketed for sale on an as-is basis.

Key Highlights

  • 2,993 SF triplex built in 1914
  • Interior buildout required
  • No improvements or updates completed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Acupuncture Furniture & Home Goods Locksmith Skin Care Clinic (Bike/Boat/Book/etc) 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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,483
Businesses Nearby

Demographics for 70116, LA

10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Offered as-is, the property requires interior buildout and has not received improvements or updates.
Where is this triplex located?
The property is located at 1621 Esplanade Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 2,993 SF triplex built in 1914; Interior buildout required; No improvements or updates completed
More about this property
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