Search
Renovated Six-Unit Multifamily Property
For Sale
Contact for pricing

308 Decatur St, New Orleans, LA 70130

Fully leased property combines retail space with residential apartments under a condominium regime.

Property SizeContact for details
Days on Market144

Property Features for 308 Decatur St

General Information

Standard status Active
Property subtype Retail, Multifamily, Office
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Year Renovated 2015
Buildings 1
Tenancy Multi
Listing Agency: NAI Rampart
Listed By: Richard Stone · License #LA BROK.0000007608.A-ASA
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:04PM

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 NAI Rampart

Investment Insights

Based on property information with market context.

This multifamily property comprises six condominium units: two commercial spaces and four apartments. The entire property was renovated in 2015, with the work involving Williams Architects and Carimi Construction & Development. The six units are offered together and may remain under unified ownership or be divided by the purchaser.

All four residential units and both retail spaces are currently leased. The property includes the addresses 308 Decatur St and 311 N. Peters St in New Orleans’ French Quarter, providing a combined residential and commercial configuration within the historic district.

Key Highlights

  • Six condominium units offered together
  • Two retail spaces and four apartments
  • All six units are leased

Property Analytics

Current Use

Thaihey NOLA Restaurant

Suggested Use

Top Pick Daycare Center Home Appliance Store HVAC Service Auto Parts Store Locksmith Kitchen & Bath Showroom

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,445
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Fully leased property combines retail space with residential apartments under a condominium regime.
Where is this multifamily property located?
The property is located at 308 Decatur St New Orleans, LA.
What are key features of this property?
This property features: Six condominium units offered together; Two retail spaces and four apartments; All six units are leased
(504) 569-9319 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message