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Eight-Unit Multifamily Investment Opportunity
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2901-2915 Baronne St, New Orleans, LA 70115

Four adjacent duplexes in New Orleans, value-add potential.

Property SizeContact for details
Days on Market201

Property Features for 2901-2915 Baronne St

General Information

Standard status Active
Property subtype Multifamily
Zoning HU-RD2 - Historic Urban Two-Family Residential District

Building Details

Buildings 4
Stories 1
Units 8
Listing Agency: Elifin Realty - New Orleans, LA
Listed By: Benji Azar · License #LA
Source: Crexi
Added: Feb 3 Changed: Aug 13 Last Checked: Aug 22 at 7:10PM

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 - New Orleans, LA

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

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Electrical Service Accounting Firm HVAC Service Kitchen & Bath Showroom Locksmith

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

2,551
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
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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.
More about this property
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