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Five-Unit Apartment Building

2922 Louisiana Ave, New Orleans, LA 70115

For Sale
$235,000

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

Property Size4,766 SF
Price / SF$49.31
Days on Market58

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

Site & Location

Neighborhood Milan

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 LA #995715997
Source: Fiorellaavenue
Added: Sep 18 Changed: Nov 4 Last Checked: Nov 12 at 12:10PM

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 The Pellerin Group NOLA LLC

Rey
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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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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
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Market

Average Price Trend$/SF for Apartment buildings in New Orleans, LA

$231 Jul
$222 Aug
$248 Sep
$205 Oct

Properties on Market for Apartment buildings in New Orleans

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

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 $235,000.
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
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