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Three-Story Apartment Building
For Sale
Contact for pricing
Pending

3515 Chestnut St, New Orleans, LA 70115

Six individually configured apartments with private kitchens and bathrooms, near Magazine Street and Prytania Street.

Property SizeContact for details
Days on Market145

Property Features for 3515 Chestnut St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Beau Box Commercial Real Estate New Orleans
Listed By: Liam Grace · License #LA 0995687084
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:27PM

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 Beau Box Commercial Real Estate New Orleans

Investment Insights

Based on property information with market context.

The three-story apartment building at 3515 Chestnut Street contains 6 separate units, each arranged with its own kitchen and bathroom. The first floor is configured as 2 apartments but may be reworked into a single larger unit. Three additional units occupy the second floor, with 1 unit on the third floor.

The property is positioned two blocks from Magazine Street and Prytania Street in New Orleans. Nearby amenities include Lilette, CVS, Walgreens, Poke Loa, Dat Dog, The Bulldog, The Rum House, Breaux Mart, and other restaurants and retail businesses.

Key Highlights

  • 6‑unit apartment building with kitchens and bathrooms in each unit
  • Three‑story configuration with 2 first‑floor units, 3 on the second floor, and 1 on the third
  • First floor can remain as 2 units or be combined into 1 larger unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Accounting Firm Auto Parts Store Daycare Center HVAC Service Electrical Service

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

2,884
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?
Apartment building - Six individually configured apartments with private kitchens and bathrooms, near Magazine Street and Prytania Street.
Where is this apartment building located?
The property is located at 3515 Chestnut St New Orleans, LA.
What are key features of this property?
This property features: 6‑unit apartment building with kitchens and bathrooms in each unit; Three‑story configuration with 2 first‑floor units, 3 on the second floor, and 1 on the third; First floor can remain as 2 units or be combined into 1 larger unit
More about this property
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