Mixed-Use Building With
For Sale
$600,000
2514 Tulane Ave, New Orleans, LA 70119
Two-level property with multifamily space above and MU-2 High Intensity Mixed-Use District zoning.
Property SizeContact for details
Days on Market12
Property Features for 2514 Tulane Ave
General Information
Standard status
Active
Zoning
MU-2 High Intensity Mixed-Use District
Additional Details
Cap Rate
8.82%
Listing Agency:
Property One, Inc.
(985) 807-4120
Listed By:
Mike D'Amico · License #000072272
(985) 807-4120
Source:
Exprealty
Added: Aug 12
Changed: Aug 20
Last Checked: Aug 22 at 10:38AM
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 Property One, Inc.
Investment Insights
Based on property information with market context.
This income-producing mixed-use building includes multifamily space on the second floor. The property is zoned MU-2 High Intensity Mixed-Use District, providing a defined mixed-use land-use designation. The reported capitalization rate is 8.82 percent.
Located on Tulane Ave in New Orleans, the building is across the street from a new Trader Joe’s facility and in the area of the Department of Veterans Affairs Medical Center. A vacant lot may also be available for purchase, and the building next door is separately offered for sale.
Located on Tulane Ave in New Orleans, the building is across the street from a new Trader Joe’s facility and in the area of the Department of Veterans Affairs Medical Center. A vacant lot may also be available for purchase, and the building next door is separately offered for sale.
Key Highlights
- Multifamily space occupies the second floor
- MU‑2 High Intensity Mixed‑Use District zoning
- Reported cap rate of 8.82 percent
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,235
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
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?
Mixed-use property - Two-level property with multifamily space above and MU-2 High Intensity Mixed-Use District zoning.
Where is this mixed-use property located?
The property is located at 2514 Tulane Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Multifamily space occupies the second floor; MU‑2 High Intensity Mixed‑Use District zoning; Reported cap rate of 8.82 percent
