116-Unit Apartment
For Sale
Contact for pricing
1643 Josephine Street, New Orleans, LA 70130
Five-story multifamily property with structured and surface parking in a mixed-use district.
Property SizeContact for details
Lot Size0.97 Acres
Days on Market145
Property Features for 1643 Josephine Street
General Information
Standard status
Active
Total Parking Spaces
100
Lot size
0.97 Acres
Property subtype
Multifamily
Zoning
MU-1
Units
Unit Mix
69 x 1BR, 43 x 2BR, 4 x 3BR
Multifamily Units
116
Building Details
Year Built
1986
Buildings
1
Stories
5
Listing Agency:
Corporate Realty
Listed By:
Hayden Wren · License #LA BROK.0000000788.A-ASA
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 1:16PM
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 Corporate Realty
Investment Insights
Based on property information with market context.
The Papillon Apartments is a five-story multifamily property completed in 1986 with 116 units. The unit mix includes 69 one-bedroom residences, 43 two-bedroom residences, and four three-bedroom residences. Ground-floor garage parking provides 79 spaces, with an additional 21 spaces on a separate lot at 2013 Carondelet Street.
The property occupies a 38,899-square-foot parcel at the corner of Josephine Street and Carondelet Street in New Orleans. An adjoining unimproved lot contains 3,510 square feet. MU-1, Medium Intensity Mixed-Use District zoning allows multifamily apartments, hotel, office, and other listed use types. The property is adjacent to the Pontchartrain Hotel.
The property occupies a 38,899-square-foot parcel at the corner of Josephine Street and Carondelet Street in New Orleans. An adjoining unimproved lot contains 3,510 square feet. MU-1, Medium Intensity Mixed-Use District zoning allows multifamily apartments, hotel, office, and other listed use types. The property is adjacent to the Pontchartrain Hotel.
Key Highlights
- 116 units across a five‑story apartment building
- Unit mix: 69 one‑bedroom, 43 two‑bedroom, and 4 three‑bedroom units
- Built in 1986 on a 38,899‑square‑foot land parcel
Property Analytics
Current Use
Lease Details
116
Residential units
Location Intelligence
Trade Area within ½ mile
2,688
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
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 - Five-story multifamily property with structured and surface parking in a mixed-use district.
Where is this apartment building located?
The property is located at 1643 Josephine Street New Orleans, LA.
What are key features of this property?
This property features: 116 units across a five‑story apartment building; Unit mix: 69 one‑bedroom, 43 two‑bedroom, and 4 three‑bedroom units; Built in 1986 on a 38,899‑square‑foot land parcel
