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Three-Unit Corner-Lot Triplex
For Sale
$239,000

4001 ELBA Street, New Orleans, LA 70125

Multifamily, New Orleans, LA

Property Size3,864 SF
Price / SF$61.85
Days on Market284

Property Features for 4001 ELBA Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2
Parking 3
Parking features Driveway
Patio and Porch features Porch
Lot features Corner Lot
Elementary school Stuart Hall
Middle school AndrewHWilson, Willow
High school Dominican
Directions https://maps.app.goo.gl/ct7yotEpoTUXCoh96
Standard status Active
APN 614354801
Size 3,864 SF

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity

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

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central, Floor Furnace
Cooling system Central Air, Window Unit(s)
Water source Public

Amenities

front porch
driveway
storage
garage

Building Details

Year built 1950
Number of units 3
Flooring type Tile, Linoleum, Carpet
Building materials Stucco
Buildings 1
Listing Agency: Homesmart Realty South - Metairie · HomeSmart International
Listed By: Robyn H Schmitt · License #995687935
Added: Jan 13 Changed: Oct 23 Last Checked: Oct 24 at 8:06AM
MLS# 2537023

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,864-square-foot triplex, built in 1950, contains three apartments on a corner lot. The property includes a front porch, driveway, garage, storage area, and side and rear yards. Unit C is rented through March 1; the other two apartments are vacant and partially gutted. The building is offered as-is, and appliances are included without a warranty or repair commitment.

The apartments have separate electric meters and share one water meter and one gas meter. Unit A has central air conditioning and heat and is all-electric. Units B and C have window air conditioning and gas wall heaters; those apartments share a hot water heater. A historic tax-credit pre-approval letter is available for a renovation option.

Key Highlights

  • 3,864 SF triplex on a corner lot
  • Three apartments; Unit C rented through March 1, with the other two vacant and partially gutted
  • Built in 1950; first floor has 9‑1/2 ft ceilings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
Single-tenant
Tenancy
Yes
Utilities to site

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
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

Frequently Asked Questions

What type of property is this?
Triplex - Separate electric meters serve each apartment, alongside shared water and gas meters.
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: 3,864 SF triplex on a corner lot; Three apartments; Unit C rented through March 1, with the other two vacant and partially gutted; Built in 1950; first floor has 9‑1/2 ft ceilings
More about this property
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