Renovated 48-Unit Apartment
For Sale
$4,250,000
4601 MacArthur Blvd, New Orleans, LA 70131
The community includes a central courtyard and sits about 10 minutes from Downtown New Orleans.
Property Size68,294 SF
Days on Market152
Property Features for 4601 MacArthur Blvd
General Information
Standard status
Active
Size
68,294 SF
Property subtype
Multifamily
Amenities
9% day-one cash-on-cash return with strong in-place income
Add RUBS to shift utility costs and meaningfully boost NOI
Courtyard activation offers revenue upside through enhanced resident appeal
Building Details
Building Size
68,294 SF
Units
48
Listing Agency:
Dallas Office
(972) 755-5128
Listed By:
Evan De Blanc · License #TX: 807942
(972) 755-5128
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 30 at 2:02PM
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 Dallas Office
Investment Insights
Based on property information with market context.
MacArthur Place is a 48-unit apartment community at 4601 MacArthur Blvd in New Orleans. The property underwent a full renovation in 2007 and includes a central courtyard.
The community is located approximately 10 minutes from Downtown New Orleans, providing a defined urban location for a multifamily asset.
The community is located approximately 10 minutes from Downtown New Orleans, providing a defined urban location for a multifamily asset.
Key Highlights
- 48‑unit apartment community
- Fully renovated in 2007
- Central courtyard included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
775
Businesses Nearby
Explore this area
Business Placement
Demographics for 70131, LA
27,473
Population
12,070
Households
2.3
Avg Household Size
38
Median Age
36%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
2,348
Density / Sq Mi
$64,294
Median Household Income
$45,347
Median Earnings
$1,057
Median Rent
$236,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The community includes a central courtyard and sits about 10 minutes from Downtown New Orleans.
Where is this apartment building located?
The property is located at 4601 MacArthur Blvd New Orleans, LA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 48‑unit apartment community; Fully renovated in 2007; Central courtyard included
