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Broadmoor Triplex with Parking
For Sale
$239,000

4001 ELBA Street, New Orleans, LA 70125

MULTI_FAMILY - New Orleans, LA

Property Size3,864 SF
Price / SF$61.85
Days on Market198

Property Features for 4001 ELBA Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Driveway, Garage
Patio and Porch features Porch
Exterior features Porch Screened In
Lot features Corner
Subdivision Broadmoor
Standard status Active
APN 614354801
Size 3,864 SF

Taxes and HOA fees

Tax Description SQ 167 LOTS 1 2 4001 ELBA & S WHITE 55X110 S-RAISED -VACANT- 4001-ELBAST APTS A, B & C FILE #49135
Legal Description SQ 167 LOTS 1 2 4001 ELBA & S WHITE 55X110 S-RAISED -VACANT- 4001-ELBAST APTS A, B & C FILE #49135

Utilities

Heating system Central
Cooling system Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Robyn Schmitt · License #995687935
Added: Jan 13 Changed: Jul 30 Last Checked: Jul 30 at 8:06PM
MLS# 2537023

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex is located on a corner lot in Broadmoor and includes parking. The property features a front porch with arches, wrought iron, and original basket weave pattern tiles. The first floor has 9.5-foot ceilings, with 7-foot ceilings further inside. The property includes a driveway, storage, and a garage with side and rear yards. Each apartment has stoves, refrigerators, and indoor washers and dryers. Unit C is currently rented through March 1st and requires some repairs; the other two units are vacant and partially gutted. A historic tax credit pre-approval letter for renovation is available. Assumable flood insurance is available at $1,843. The property has three independent electric meters, one water meter, and one gas meter (gas is billed to Apt B). Apartments B and C share one hot water heater. Apartment A is all-electric with central AC and heat, while Apartments B and C have window units with gas wall heaters, stoves, and hot water heaters. The property is being sold as is. The property size is 3864 square feet.

Key Highlights

  • Triplex on a corner lot with driveway, storage, and garage plus side and rear yards
  • Front porch with arches and wrought iron; screened‑in porch and porch included
  • 1950 construction with shingle roof; public water and central heating

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Spa & Massage Center Nail Salon HVAC Service Skin Care Clinic Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

1,067
Businesses Nearby

Demographics for 70125, LA

17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Corner lot triplex in New Orleans with parking.
Where is this triplex located?
The property is located at 4001 ELBA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Triplex on a corner lot with driveway, storage, and garage plus side and rear yards; Front porch with arches and wrought iron; screened‑in porch and porch included; 1950 construction with shingle roof; public water and central heating
More about this property
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