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Three-Unit Multifamily Property
New
For Sale
$344,500

2501-2503 ALMONASTER Avenue, New Orleans, LA 70117

Multi-Family, Townhouse, New Orleans, LA

Property Size2,790 SF
Lot Size0.06 Acres
Price / SF$123.48
Days on Market2

Property Features for 2501-2503 ALMONASTER Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Patio and Porch features Porch
Exterior features Fence, Porch, Pier, Window Screens
Fencing Fenced
Subdivision Not a Subdivision
Lot features Corner, Regular
Standard status Active
APN 39W6082206
Size 2,790 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description as per title
Legal Description as per title

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

in-unit laundry

Building Details

Year built 2026
Floors in Building 2
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Ajoura rama
Added: Oct 22 Last Checked: Oct 23 at 7:06AM
MLS# 2582392

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,790-square-foot multifamily property comprises three units in two buildings: a residence and a separate duplex. Each unit has 2 bedrooms, 1.5 bathrooms, in-unit laundry, and new appliances, including a refrigerator, oven, microwave, and dishwasher. The property is under construction, with a 2026 year built, and includes attached new-home warranties. Central heating and air conditioning, a fenced lot, and a porch are also reported.

The 0.061-acre corner parcel is on Almonaster Avenue in New Orleans, with access to major roads and surrounding areas. A deed restriction applies; the buyer should verify restrictions and permitted use.

Key Highlights

  • Three units across two separate buildings
  • 2,790 square feet on a 0.061‑acre corner lot
  • Each unit has 2 bedrooms, 1.5 bathrooms, and in‑unit laundry

Property Analytics

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Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate buildings on a corner parcel provide a mix of a detached duplex and a standalone residence.
Where is this multifamily property located?
The property is located at 2501-2503 ALMONASTER Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $344,500.
What are key features of this property?
This property features: Three units across two separate buildings; 2,790 square feet on a 0.061‑acre corner lot; Each unit has 2 bedrooms, 1.5 bathrooms, and in‑unit laundry
More about this property
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