Building Details

Year Built 1971

Units 261

Listing Agency: Marcus & Millichap - Baton Rouge

Listed By: Charlie Smith · License #LA SALE.995716472-ACT

Source: Crexi

Added: Feb 28 Changed: Aug 8 Last Checked: Aug 10 at 6:58AM

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Investment Insights

Based on property information with market context.

This multifamily property, located in New Orleans, Louisiana, presents a value-add investment opportunity. The property encompasses a total size of 278592 square feet. It is classified as an apartment building and residential income property.

Key Highlights

• Strong performing value‑add asset
• Year built: 1971

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Veterinary Clinic Furniture & Home Goods Electrical Service Building Supply

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

10,907

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Value-add multifamily property in New Orleans, Louisiana.

Where is this apartment building located?

The property is located at 1901 Lafayette St New Orleans, LA.

What are key features of this property?

This property features: Strong performing value‑add asset; Year built: 1971