New Orleans, LA Multifamily Properties for Sale

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Lacombe, LA Gretna, LA Harvey, LA Metairie, LA Marrero, LA Arabi, LA Westwego, LA Chalmette, LA

910 properties

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Updated: Sep 17

9-Unit Apartment Building

606 EGANIA Street, New Orleans, LA 70117

$569,000

6,792 sqft 0.24 AC lot

Three‑story apartment building with 6,792 square feet
0.24‑acre multifamily property at 606 Egania Street, New Orleans, LA 70117
Prior configuration included 8 two‑bedroom, 1‑bath units
Third‑floor penthouse‑style unit previously included 3 bedrooms and 2 baths
Fire‑damaged and gutted condition supports a full rehabilitation plan

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Updated: Oct 1

Five-Unit Historic Apartment Building

2007-11 ESPLANADE Avenue, New Orleans, LA 70116

$1,700,000

7,700 sqft 0.24 AC lot

7,700 square feet on a 0.24‑acre corner lot
Five‑unit layout includes an owner’s residence and four additional units
Octagonal wing contains a private, self‑contained suite
Built in 1883 with Italianate architecture and original unpainted millwork
Courtyard, balcony, porch, garage, and perimeter fencing

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Four-Unit Historic Quadplex

1411 TERPSICHORE Street, New Orleans, LA 70130

$889,000

4,990 sqft

Four residences feature private entrances, outdoor space, and in-unit laundry.

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Updated 4-Unit Apartment Building

7026 S Claiborne Ave, New Orleans, LA 70125

$785,000

4,146 sqft

Four apartments feature renovated kitchens and bathrooms alongside architectural details including arched openings and wood floors.

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Spanish-Style Quadplex with Porches

7026 S CLAIBORNE Avenue, New Orleans, LA 70125

$785,000

4,146 sqft

Four residences feature updated interiors, private sunrooms in the upper units, and shared laundry facilities.

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Victorian Duplex with Covered Porch

138-40 S GAYOSO Street, New Orleans, LA 70119

$589,000

4,164 sqft 0.09 AC lot

Historic architectural details include wood floors, millwork, transoms, and decorative fireplaces.

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Historic Seven-Unit Apartment Building

1309 DAUPHINE Street, New Orleans, LA 70116

$2,249,000

6,069 sqft 0.10 AC lot

Three-story property with updated electrical, plumbing, and HVAC systems.

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Two-Unit Duplex with Loft

3400 Napoleon Ave, New Orleans, LA 70112

$899,000

6,474 sqft

Two residences offer distinct living spaces, while gated off-street parking accommodates vehicles, a boat, or an RV.

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Renovated Seven-Unit Apartment Building

1414 MAGAZINE Street, New Orleans, LA 70130

$1,425,000

5,016 sqft

Updated residences combine period architectural details with contemporary appliances and private balconies.

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Triplex with Multiple Porches

1502 GENERAL PERSHING Street, New Orleans, LA 70115

$1,050,000

4,173 sqft

Three separate residences include two lower apartments and a larger main-level home.

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Historic Multifamily Property

138-40 S Gayoso St, New Orleans, LA 70119

$589,000

4,164 sqft

1930 property with preserved architectural features, a covered porch, rear garden, and one tenant-occupied side.

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Victorian Apartment Building

1309 DAUPHINE Street, New Orleans, LA 70116

$2,249,000

6,069 sqft 0.10 AC lot

Historic three-story multifamily property with seven residences, renovated systems, and shared outdoor spaces in New Orleans.

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Duplex with Elevator Access

51 NERON Place, New Orleans, LA 70118

$775,000

5,757 sqft

Separate gas, water, and electric meters serve the two units, with month-to-month tenants currently in place.

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Six-Unit Apartment Building

1005 JOSEPHINE Street, New Orleans, LA 70130

$1,150,000

5,882 sqft 0.08 AC lot

Renovated two-story property with a courtyard, shared patio, laundry room, and individually metered utilities.

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Duplex with Front Porch

2230 CONSTANCE Street, New Orleans, LA 70130

$900,000

2,272 sqft

Two separate residences include a three-bedroom unit and a one-bedroom unit, with central heating and air conditioning.

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Duplex Property with Detached Guest House

2234 CONSTANCE Street, New Orleans, LA 70130

$1,000,000

3,726 sqft

Each unit has a ground-floor bedroom and an upstairs primary suite.

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Duplex with Ground-Floor Apartment

4674 76 Franklin Ave, New Orleans, LA 70122

$699,000

3,480 sqft 0.29 AC lot

A furnished lower-level apartment has its own front and side entrances, complementing the residence’s flexible layout.

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Duplex with Ground-Floor Apartment

4674 FRANKLIN Avenue, New Orleans, LA 70122

$699,000

3,480 sqft

A separate three-bedroom apartment and multiple outdoor amenities complement the home’s upper-level living space.

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Newer Two-Residence Duplex

1419 Esplanade Ave, New Orleans, LA 70116

$899,000

5,085 sqft

Two independently functioning residences offer separate entrances, utilities, and off-street parking.

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Duplex with Private Courtyard

1419 ESPLANADE Avenue, New Orleans, LA 70116

$899,000

5,085 sqft 0.13 AC lot

Two separately serviced residences offer flexible living arrangements, outdoor entertaining space, and off-street driveway parking.

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Elevated Duplex With Private Apartment

107 09 W Brooks St, New Orleans, LA 70124

$850,000

4,577 sqft

Two-level property combines a seven-room main residence with a separately entered apartment and three driveways.

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Duplex with Utility-Served Accessory Structure

3020 LAUREL Street, New Orleans, LA 70115

$525,000

2,012 sqft 0.10 AC lot

The two-unit residence combines updated building systems with an accessory structure connected to electricity, plumbing, and gas.

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9-Unit Gutted Apartment Building

606 Egania St, New Orleans, LA 70117

$569,000

6,792 sqft

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

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Duplex with Gated Parking

1140 TOURO Street, New Orleans, LA 70116

$519,000

2,851 sqft

Both homes offer three bedrooms and two full bathrooms, with open living, dining, and kitchen areas.

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New Orleans, LA Multifamily Properties Market Trends and Statistics

Explore 910 multifamily properties for sale in New Orleans, LA, showcased through 910 active listings on our real estate platform. These investment opportunities span a total of 3,073,725 square feet of properties for sale, with an estimated market value of $545,432,580.

Sale prices for multifamily properties in New Orleans, LA start at $40,000, averaging $615,612, and reaching up to $9,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 414K

Population Growth (5Y) -0.1%

Median Household Income $59,924

College Educated 19.9%

High-Yield Neighborhoods for Investment

Identify New Orleans submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
70129	$129K
70127	$297.7K
70122	$307.8K
70125	$342.6K
70126	$388.3K

Taxes & Financing

Tax Rate (average for all types) 12.50%

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in New Orleans fall within the 10,000 to 25,000 square foot range.

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