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Multifamily Redevelopment Property
For Sale
$69,000

2528 Freret St, New Orleans, LA 70113

The 1950 structure is offered as-is, with no repairs planned by the seller.

Property Size1,534 SF
Price / SF$44.98
Days on Market47

Property Features for 2528 Freret St

General Information

Standard status Active
Size 1,534 SF
Property subtype Multi-Family

Building Details

Year Built 1950
Listing Agency: eXp Realty, LLC
Listed By: Ashley Glueck
Source: Fiorellaavenue
Added: Jul 21 Changed: Sep 3 Last Checked: Sep 4 at 8:22AM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily property includes a 1,534-square-foot existing structure built in 1950. The seller has never occupied the property, makes no representations regarding its condition, and is offering the asset as-is without repairs.

HDLC has indicated that the structure may be eligible for demolition, subject to independent verification. Any redevelopment, restoration, demolition, or exterior work should be evaluated with HDLC and the City of New Orleans, including applicable plans, permits, and approvals. The property is located at 2528 Freret St in New Orleans, with access to Uptown, the CBD, and the Freret corridor.

Key Highlights

  • 1,534‑square‑foot multifamily property at 2528 Freret St, New Orleans, LA 70113
  • Existing structure was built in 1950
  • HDLC has indicated the structure may be eligible for demolition

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Electrical Service Kitchen & Bath Showroom Plumbing Service HVAC Service (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.

Location Intelligence

Trade Area within ½ mile

1,470
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Multifamily property - The 1950 structure is offered as-is, with no repairs planned by the seller.
Where is this multifamily property located?
The property is located at 2528 Freret St New Orleans, LA.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: 1,534‑square‑foot multifamily property at 2528 Freret St, New Orleans, LA 70113; Existing structure was built in 1950; HDLC has indicated the structure may be eligible for demolition
More about this property
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