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Mixed-Use Property with Rooftop Deck
For Sale
$7,500,000

875 Okeefe Ave, New Orleans, LA 70113

A multi-residence property combines commercial space, secure garage parking, and skyline-facing outdoor space in an urban setting.

Property SizeContact for details
Days on Market93

Property Features for 875 Okeefe Ave

General Information

Standard status Active

Additional Details

Road Access Yes
Multifamily Units 14

Amenities

secure garage parking
rooftop deck
Listing Agency: Valmont Realtors
Listed By: Kristen Koppel · License #995687860
Source: Exprealty
Added: Jun 2 Changed: Sep 2 Last Checked: Sep 1 at 8:48PM

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 Valmont Realtors

Investment Insights

Based on property information with market context.

The O’Keefe is a mixed-use property comprising 14 residential units at 875 O’Keefe Avenue, with one-, two-, and three-bedroom layouts totaling 28 bedrooms, 25 full bathrooms, and 5 half bathrooms. The improvements also include commercial space at 955 Howard Avenue, secure garage parking, and a rooftop deck with panoramic skyline views. The configuration supports continued residential operation as well as the explicitly identified possibilities of boutique hospitality, extended-stay accommodations, and corporate housing.

The commercial component is positioned at the intersections of Howard Avenue, O’Keefe Avenue, and Rampart Street. The property is within walking distance of Caesars Superdome, Smoothie King Center, the Warehouse District, and the French Quarter, placing residential and commercial uses near major entertainment, convention, and tourism destinations.

Key Highlights

  • 14 residential units with one-, two-, and three‑bedroom layouts
  • 28 bedrooms, 25 full bathrooms, and 5 half bathrooms
  • Commercial space at 955 Howard Avenue

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply Auto Parts Store Dental Office HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom

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

14
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8,412
Businesses Nearby

Demographics for 70113, LA

8,569
Population
5,512
Households
1.6
Avg Household Size
37
Median Age
27%
College-Educated
74%
High-School Grad
0.9 sq mi
ZIP Area
9,521
Density / Sq Mi
$36,897
Median Household Income
$31,126
Median Earnings
$960
Median Rent
$258,500
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?
Mixed-use property - A multi-residence property combines commercial space, secure garage parking, and skyline-facing outdoor space in an urban setting.
Where is this mixed-use property located?
The property is located at 875 Okeefe Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 14 residential units with one-, two-, and three‑bedroom layouts; 28 bedrooms, 25 full bathrooms, and 5 half bathrooms; Commercial space at 955 Howard Avenue
More about this property
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