10-Unit Apartment
New
For Sale
$795,000
4300 N PRIEUR Street, New Orleans, LA 70117
Multifamily, New Orleans, LA
Property Size4,398 SF
Lot Size0.15 Acres
Price / SF$180.76
Days on Market5
Property Features for 4300 N PRIEUR Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
16
Bathrooms
10
Full bathrooms
10
Rooms
Bedroom 1, Bedroom 11, Bathroom 10, Bedroom 16, Bedroom 14, Bedroom 13, Bathroom 1, Bedroom 10, Bedroom 15, Bathroom 7, Bedroom 4, Bedroom 6, Bathroom 6, Bathroom 4, Bathroom 5, Bedroom 12, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 8, Bedroom 3, Bathroom 3, Bathroom 9, Bathroom 2, Bedroom 9
Parking features
Off Street, Parking Lot
Lot features
Irregular Lot
Standard status
Active
APN
39W412806
Size
4,398 SF
Lot size
0.15 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
SQ 855 LOT C 75/0 X 182/124-8-44 2/ST C/BLOCK 7/APTS
Legal Description
SQ 855 LOT C 75/0 X 182/124-8-44 2/ST C/BLOCK 7/APTS
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1981
Number of units
10
Building materials
Block
Architectural style
Other
Listing Agency:
Amanda Miller Realty, LLC
(504) 302-4610
Listed By:
Amanda Craft Miller · License #995687438
(504) 250-0059
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2582192
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1981, this 10-unit apartment property contains 4,398 square feet on a 0.15-acre lot. The mix comprises six two-bedroom, one-bath apartments, two one-bedroom, one-bath apartments, and two efficiency units. Each apartment has a range and oven. Building features include a metal roof, ceramic tile flooring, insulated attic, newer windows, updated siding, and doors with capped frames and updated weatherstripping. Public water and sewer serve the property, and parking is available in a lot and off street. The site is zoned HI (Heavy Industrial).
The property is in New Orleans with access to I-10. The French Quarter and downtown are approximately 15 minutes away, while Louis Armstrong New Orleans International Airport is approximately 20 minutes away. The property is fully occupied.
The property is in New Orleans with access to I-10. The French Quarter and downtown are approximately 15 minutes away, while Louis Armstrong New Orleans International Airport is approximately 20 minutes away. The property is fully occupied.
Key Highlights
- 10 apartments: six two‑bedroom/one‑bath, two one‑bedroom/one‑bath, and two efficiencies
- 4,398 square feet on a 0.15‑acre lot
- HI (Heavy Industrial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,188
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,023,760
$1.0M
Cap Rate 7%
$731,257
$731.3K
Cap Rate 9%
$568,756
$568.8K
Market Conditions
NOI Build-Up for 4,398 SF
Gross rent
$102.4K $23.28/SF
− Vacancy
−$9.3K −$2.12/SF
EGI
$93.1K $21.16/SF
− OpEx
−$41.9K −$9.52/SF
NOI
$51.2K $11.64/SF
Area
New Orleans, LA
Vacancy
9.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,023,760
Cap Rate 7%
$731,257
Cap Rate 9%
$568,756
Alternative Uses
Best Use
Apartment 5plus
$731.3K
$639.9K – $853.1K
NOI $51,188 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$978.1K – $1.30M
NOI $78,248 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 70117, LA
28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
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
Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix includes two-bedroom apartments, one-bedroom apartments, and efficiencies, each equipped with a range and oven.
Where is this apartment building located?
The property is located at 4300 N PRIEUR Street New Orleans, LA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 10 apartments: six two‑bedroom/one‑bath, two one‑bedroom/one‑bath, and two efficiencies; 4,398 square feet on a 0.15‑acre lot; HI (Heavy Industrial) zoning
