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Historic Algiers Income Property
For Sale
$130,000

524 26 Ptolemy Street, New Orleans, LA 70114

Residential income property offered for sale in New Orleans, reported as being in X flood zone.

Days on Market204

Property Features for 524 26 Ptolemy Street

General Information

Standard status Active
Property subtype Multi Family Home

Building Details

Building Size 1,200 SF
Year Built 1930
Listing Agency: Boyd Realtors, LLC
Listed By: Princilla Donate · License #912121974
Source: Nolalivingrealty
Added: Jan 8 Changed: Jul 29 Last Checked: Jul 31 at 12:16PM

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 Boyd Realtors, LLC

Investment Insights

Based on property information with market context.

This residential income property is offered for sale and described as an investment opportunity in historic Algiers. The property is reported to be in an X flood zone.

The public remarks also note it is located about one block from a parade route and approximately 10 minutes from downtown. The neighborhood is described as quiet and tucked away.

Additional property details such as building configuration, unit count, condition, and specific income or expense figures are not provided in the information available.

Key Highlights

  • Residential income property in historic Algiers
  • Built in 1930
  • Reported to be in X flood zone

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Pharmacy Skin Care Clinic

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

556
Businesses Nearby

Demographics for 70114, LA

23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
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?
Multifamily property - Residential income property offered for sale in New Orleans, reported as being in X flood zone.
Where is this multifamily property located?
The property is located at 524 26 Ptolemy Street New Orleans, LA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Residential income property in historic Algiers; Built in 1930; Reported to be in X flood zone
More about this property
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