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17-Unit Apartment Building
New
For Sale
$925,000

6701 Tara Ln, New Orleans, LA 70127

An all one-bedroom unit mix is complemented by an on-site pool.

Property Size11,131 SF
Price / SF$83.10
Days on Market7

Property Features for 6701 Tara Ln

General Information

Standard status Active
Size 11,131 SF
Property subtype Residential Income

Units

Unit Mix 17 x 1BR
Multifamily Units 17

Additional Details

Highway Access Yes

Amenities

pool

Building Details

Buildings 1
Listing Agency: United Real Estate Partners, LLC
Listed By: Michael Mito · License #995711004
Source: Exprealty
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 5 at 9:25PM

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 United Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

This 17-unit apartment property consists entirely of one-bedroom residences and includes an on-site pool. The pool may remain in place or be filled in, providing an option to remove that amenity.

The property is in West Lake Forest, within an established apartment corridor off Chef Menteur Highway, with access to I-10. Additional properties from the same seller are available on the street; together, the offering may include as many as 39 units and three vacant lots.

Key Highlights

  • 17 apartment units, all configured as one‑bedroom residences
  • On‑site pool can be retained or filled in
  • Off Chef Menteur Highway in West Lake Forest

Property Analytics

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Current Use

The Donut Bakery Bakery

Suggested Use

Top Pick Law Firm Dental Office Building Supply Parking Lot & Garage Kitchen & Bath Showroom Real Estate Agency

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

17
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby

Demographics for 70127, LA

24,332
Population
10,719
Households
2.3
Avg Household Size
35
Median Age
25%
College-Educated
86%
High-School Grad
5.5 sq mi
ZIP Area
4,424
Density / Sq Mi
$41,548
Median Household Income
$30,817
Median Earnings
$1,060
Median Rent
$191,200
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 - An all one-bedroom unit mix is complemented by an on-site pool.
Where is this apartment building located?
The property is located at 6701 Tara Ln New Orleans, LA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 17 apartment units, all configured as one‑bedroom residences; On‑site pool can be retained or filled in; Off Chef Menteur Highway in West Lake Forest
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