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Five-Unit Apartment Building
For Sale
$249,000

2922 Louisiana Ave, New Orleans, LA 70115

Rehabilitation project with a varied residential unit mix in Uptown New Orleans.

Property Size4,766 SF
Price / SF$52.25
Days on Market10

Property Features for 2922 Louisiana Ave

General Information

Standard status Active
Size 4,766 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence project to rehab

Units

Unit Mix 2 x 3BR/1BA, 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 5

Building Details

Year Built 1930
Listing Agency: The Pellerin Group NOLA LLC
Listed By: Latoya Robinson · License #995715997
Source: Fiorellaavenue
Added: Sep 18 Changed: Sep 25 Last Checked: Sep 26 at 10:59AM

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 The Pellerin Group NOLA LLC

Investment Insights

Based on property information with market context.

This 4,766-square-foot apartment building dates to 1930 and is configured as a five-unit residential property requiring rehabilitation. The unit mix includes two 3-bedroom/1-bath apartments, two 2-bedroom/1-bath apartments, and one 1-bedroom/1-bath apartment.

Located at 2922 Louisiana Ave in New Orleans, the property is in Uptown New Orleans with access to the St. Charles Avenue parade route, Downtown New Orleans, shopping, dining, entertainment, and neighborhood amenities.

Key Highlights

  • Five‑unit apartment property requiring rehabilitation
  • 4,766‑square‑foot building constructed in 1930
  • Unit mix includes two 3‑bedroom/1‑bath apartments

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Electrical Service Accounting Firm

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,820
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Rehabilitation project with a varied residential unit mix in Uptown New Orleans.
Where is this apartment building located?
The property is located at 2922 Louisiana Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Five‑unit apartment property requiring rehabilitation; 4,766‑square‑foot building constructed in 1930; Unit mix includes two 3‑bedroom/1‑bath apartments
More about this property
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