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9-Unit Gutted Apartment Building
For Sale
$569,000

606 Egania St, New Orleans, LA 70117

Three-story multifamily property in the Historic Holy Cross District with a prior mix of one-, two-, and three-bedroom units.

Property Size6,792 SF
Price / SF$83.78
Days on Market9

Property Features for 606 Egania St

General Information

Standard status Active
Size 6,792 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence fire damage

Units

Unit Mix 8 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 9

Building Details

Year Built 1973
Buildings 1
Stories 3
Listing Agency: RE/MAX Synergy
Listed By: Jeffery Melancon
Source: Fiorellaavenue
Added: Sep 19 Changed: Sep 27 Last Checked: Sep 26 at 9:42AM

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 RE/MAX Synergy

Investment Insights

Based on property information with market context.

Located at 606 Egania St in New Orleans, this 6,792-square-foot apartment building contains three stories and nine units. Constructed in 1973, the property is currently fire-damaged and gutted, creating a substantial renovation project for a purchaser.

The prior layout included eight two-bedroom, one-bath apartments on the first and second floors, plus a three-bedroom, two-bath penthouse-style residence on the third floor. The property sits within the Historic Holy Cross District. Renovation plans, permitting, zoning, historic-district requirements, unit count, and future use should be independently verified by the purchaser.

Key Highlights

  • 9‑unit apartment building spanning 6,792 square feet
  • Three‑story building constructed in 1973
  • Current fire‑damaged, gutted condition

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby

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

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

What type of property is this?
Apartment building - Three-story multifamily property in the Historic Holy Cross District with a prior mix of one-, two-, and three-bedroom units.
Where is this apartment building located?
The property is located at 606 Egania St New Orleans, LA.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 9‑unit apartment building spanning 6,792 square feet; Three‑story building constructed in 1973; Current fire‑damaged, gutted condition
More about this property
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