Eight-Unit Multifamily Investment
For Sale
$750,000
2901-2915 Baronne St, New Orleans, LA 70115
Four adjacent duplexes in New Orleans, value-add potential.
Property Size1 SF
Price / SF$750,000
Days on Market247
Property Features for 2901-2915 Baronne St
General Information
Standard status
Active
Size
1 SF
Property subtype
Multifamily
Zoning
HU-RD2
Listing Agency:
Elifin Realty
Listed By:
Benjamin Azar
(504) 289-7750
Source:
Lacdb.resimplifi
Added: Feb 3
Changed: Sep 9
Last Checked: Oct 7 at 8:42AM
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 Elifin Realty
Investment Insights
Based on property information with market context.
This offering features four adjacent duplexes, located at 2901, 2905, 2909, and 2915 Baronne Street in New Orleans. The properties comprise a total of 8 residential units, each with 2 bedrooms and 1 bathroom. This portfolio represents a value-add opportunity through renovation, lease-up, and stabilization. Current vacancies allow for upgrades and achieving market rents without displacing tenants. The properties are marketed on a price-per-door basis. Upon stabilization, the portfolio offers potential for enhanced cash flow, forced appreciation, and multiple exit strategies, including long-term rental hold or resale. The assets benefit from a central location with consistent rental demand and strong investor liquidity.
Key Highlights
- Value‑add opportunity through renovation and lease‑up to achieve market rents.
- Portfolio of four adjacent duplexes totaling 8 residential units.
- Current vacancies allow for upgrades without displacing tenants.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,551
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Four adjacent duplexes in New Orleans, value-add potential.
Where is this duplex located?
The property is located at 2901-2915 Baronne St New Orleans, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Value‑add opportunity through renovation and lease‑up to achieve market rents.; Portfolio of four adjacent duplexes totaling 8 residential units.; Current vacancies allow for upgrades without displacing tenants.
