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Multi-Unit Apartment Building
For Sale
Contact for pricing
Pending

2833 Napoleon Ave, New Orleans, LA 70115

Fully occupied property offers 11 tenants across private apartments, efficiencies, bedrooms, and shared living areas.

Property SizeContact for details
Days on Market147

Property Features for 2833 Napoleon Ave

General Information

Standard status Pending
Total Parking Spaces 8
Property subtype Multifamily
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence needs exterior renovation due to deferred maintenance

Amenities

sunrooms/porches
laundry
storage

Building Details

Tenancy Multi
Listing Agency: Ben + Burka Commercial Real Estate
Listed By: Aaron Kazanoff · License #LA 0995700882
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 10:16AM

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 Ben + Burka Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 2833 Napoleon Ave in New Orleans, this commercial-zoned apartment property is fully occupied by 11 tenants. The configuration combines private one- and two-bedroom units with efficiency apartments, individual bedroom rentals, and shared living areas. The building includes high ceilings, spacious rooms, original hardwood flooring, architectural details, sunrooms, and porches.

The right side was renovated after Ida, including revised layouts within the private units. Electrical and plumbing systems have been updated, while the roof was replaced after the storm. A large unfinished basement provides laundry and storage areas, and the rear parking lot accommodates 6-8 cars. The partially framed fourth floor could support additional bedrooms or units, subject to applicable approvals. Exterior improvements remain needed due to deferred maintenance, and the commercial zoning also supports consideration of office, retail, or restaurant uses.

Key Highlights

  • Fully occupied by 11 tenants
  • Mix of one‑bedroom, two‑bedroom, efficiency, and individual bedroom rentals
  • Post‑Ida renovation on the right side with updated private‑unit layouts

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Spa & Massage Center Kitchen & Bath Showroom Big Box & Wholesale 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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,704
Businesses Nearby

Demographics for 70115, LA

31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied property offers 11 tenants across private apartments, efficiencies, bedrooms, and shared living areas.
Where is this apartment building located?
The property is located at 2833 Napoleon Ave New Orleans, LA.
What are key features of this property?
This property features: Fully occupied by 11 tenants; Mix of one‑bedroom, two‑bedroom, efficiency, and individual bedroom rentals; Post‑Ida renovation on the right side with updated private‑unit layouts
(504) 301-1002 Call to check price and availability
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