New Orleans, LA Multifamily Properties for Sale

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Updated: Aug 11

Raised Duplex with Separate Apartment

1312 SHORT Street, New Orleans, LA 70118

$766,000

4,644 sqft 0.14 AC lot

4,644‑square‑foot duplex on a 0.14‑acre lot
Built in 1904 with retained period architectural details
Separate two‑bedroom apartment with its own electric meter
Main level includes two primary suites with ensuite bathrooms and 10‑foot ceilings
Upper‑level private suite with office, flex space, walk‑in closet, and full bathroom

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1312 SHORT Street, New Orleans, LA 70118

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$59K
Annual
Price @ 7% Cap

$840K
Above asking
Property Type

Duplex
Built 1904

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Updated: Jul 29

Duplex with Private Courtyard

839 PINE Street, New Orleans, LA 70118

$1,700,000

6,024 sqft 0.17 AC lot

6,024 square feet total living space
0.1653‑acre lot with private courtyard and fenced exterior
Main home: 6 bedrooms and 3 bathrooms
Separate 2‑bedroom apartment on‑site
Central heating and central air with public water

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Greek Revival Fourplex Investment

1010 PHILIP Street, New Orleans, LA 70130

$1,050,000

6,000 sqft

Historic Greek Revival fourplex with four similarly laid-out units, separated meters, and private laundry rooms for income-oriented ownership.

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Duplex With Attached Garage

839 PINE Street, New Orleans, LA 70118

$1,700,000

6,024 sqft

Large two-part residential property with a separate apartment, private courtyard, front porch, and access to Uptown amenities.

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Updated Triplex With Original Character

2708-12 DUBLIN Street, New Orleans, LA 70118

$580,000

2,806 sqft

Three residential units include private laundry and off-street parking.

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Quadplex Compound with Pool House

920 LOUISIANA Avenue, New Orleans, LA 70115

$2,795,000

4,843 sqft

Historic 1861 compound on an oversized lot with a swimming pool, fenced courtyard, and multiple renovated carriage house units.

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Victorian Seven-Unit Apartment Building

1414 MAGAZINE Street, New Orleans, LA 70130

$1,495,000

5,016 sqft

Seven-unit Victorian apartment building with private balconies, central HVAC, and in-unit washer and dryer.

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Victorian Duplex with Two Apartments

1206-08 Milan Street, New Orleans, LA 70115

$1,400,000

6,185 sqft

Move-in ready duplex features two-bedroom, two-bath owner’s unit plus separate two-bedroom, two-bath apartment.

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Shotgun Duplex with Carport

6046 PATTON Street, New Orleans, LA 70118

$559,000

2,225 sqft

Historic two-unit property with a fenced yard, garage, carport, and shingle roof replaced in 2022.

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Freshly Updated Duplex with Covered Porch

3717-19 NASHVILLE Avenue, New Orleans, LA 70125

$639,000

3,553 sqft

Two-unit duplex, each with three bedrooms and two bathrooms, fenced yard, central air and heat.

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Contemporary Duplex with Private Backyard

819 North Villere Street, New Orleans, LA 70116

$615,000

2,327 sqft

Contemporary duplex includes a 2-bedroom primary residence and a separate 3-bedroom rental home with covered outdoor entertaining.

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Flexible Multi-Unit Residential Property

3608 ELAINE Place, New Orleans, LA 70119

$1,075,000

4,193 sqft

Distinct entries and multiple living areas support rental income, guest stays, or owner-occupied flexibility.

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Updated Duplex with Private Outdoor Space

2242 STATE Street, New Orleans, LA 70118

$795,000

2,367 sqft

Updated duplex with central HVAC, fenced yard, and in-unit laundry for two tenant-occupied units in Flood Zone X.

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Charming 7-Unit Multifamily Property

931-35 Dauphine Street, New Orleans, LA 70116

$1,500,000

4,880 sqft

Seven-unit multifamily with a 1½-story Creole Cottage and rear studio building, featuring courtyards and balconies.

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Arts and Crafts Duplex with Balconies

1452 VERNA Court, New Orleans, LA 70119

$875,000

2,533 sqft

Renovated upper unit plus a separate downstairs living space with private entries, porches, and separate utilities.

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Two-Story Duplex with Solar

2405 07 MILAN Street, New Orleans, LA 70115

$549,000

2,878 sqft

Spacious two-story duplex with two bedrooms and 2.5 baths per side, renovated interiors, and solar on the owner’s side.

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French Quarter Tri-Plex Residence

622-24 Burgundy Street, New Orleans, LA 70112

$795,500

2,567 sqft

Well-maintained tri-plex built in 1841 with in-unit washer and dryer, hardwood floors, and central HVAC.

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Four-Unit Quadplex with Separate Entrances

1411 TERPSICHORE Street, New Orleans, LA 70130

$889,000

4,990 sqft

Historic four-unit quadplex built in 1850 with Flood Zone X and separate electric meters.

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Renovated Fourplex in Freret Corridor

2714 Milan Street, New Orleans, LA 70115

$749,000

5,749 sqft

Renovated fourplex near Ochsner Baptist with strong rental income.

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Updated Duplex with Covered Porch

3315 CONSTANCE Street, New Orleans, LA 70115

$545,000

1,763 sqft

Two attached residences offer flexible occupancy, separate entrances, private laundry, and access to a gated rear yard.

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Luxury Condominium Portfolio on Bourbon

818 Bourbon Street, New Orleans, LA 70116

$2,995,000

6,214 sqft

Newly renovated luxury condominium portfolio in the heart of French Quarter.

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Historic Double Gallery Duplex

910 PLEASANT Street, New Orleans, LA 70115

$1,025,000

3,155 sqft

Built in 1890, this three-story duplex features an attached renovated rear living quarters and off-street parking.

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Updated Duplex with Dual Entry Parking

2242-44 State Street, New Orleans, LA 70118

$795,000

2,367 sqft

Updated duplex with in-unit washers and dryers, fenced yard, and private outdoor space for each unit.

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Duplex with In-Ground Pool

2412 N RAMPART Street, New Orleans, LA 70117

$1,599,000

3,891 sqft

New construction duplex with central HVAC, elevator, and an in-ground swimming pool with heater and chiller.

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New Orleans, LA Multifamily Properties Market Trends and Statistics

Explore 787 multifamily properties for sale in New Orleans, LA, showcased through 787 active listings on our real estate platform. These investment opportunities span a total of 2,369,086 square feet of properties for sale, with an estimated market value of $384,406,391.

Sale prices for multifamily properties in New Orleans, LA start at $54,500, averaging $528,030, and reaching up to $6,400,000 — 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
70126	$225.6K
70122	$296.9K
70113	$326.9K
70125	$330.4K
70114	$338.1K

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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New Orleans, LA Multifamily Properties for Sale

1312 SHORT Street, New Orleans, LA 70118

839 PINE Street, New Orleans, LA 70118

1010 PHILIP Street, New Orleans, LA 70130

839 PINE Street, New Orleans, LA 70118

2708-12 DUBLIN Street, New Orleans, LA 70118

920 LOUISIANA Avenue, New Orleans, LA 70115

1414 MAGAZINE Street, New Orleans, LA 70130

1206-08 Milan Street, New Orleans, LA 70115

6046 PATTON Street, New Orleans, LA 70118

3717-19 NASHVILLE Avenue, New Orleans, LA 70125

819 North Villere Street, New Orleans, LA 70116

3608 ELAINE Place, New Orleans, LA 70119

2242 STATE Street, New Orleans, LA 70118

931-35 Dauphine Street, New Orleans, LA 70116

1452 VERNA Court, New Orleans, LA 70119

2405 07 MILAN Street, New Orleans, LA 70115

622-24 Burgundy Street, New Orleans, LA 70112

1411 TERPSICHORE Street, New Orleans, LA 70130

2714 Milan Street, New Orleans, LA 70115

3315 CONSTANCE Street, New Orleans, LA 70115

818 Bourbon Street, New Orleans, LA 70116

910 PLEASANT Street, New Orleans, LA 70115

2242-44 State Street, New Orleans, LA 70118

2412 N RAMPART Street, New Orleans, LA 70117

New Orleans, LA Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

Need Help?

Browse Multifamily properties for Sale Near New Orleans, LA

Popular Searches in New Orleans, LA

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Most Searched ZIP Codes in New Orleans, LA

New Orleans, LA Multifamily Properties for Sale

1312 SHORT Street, New Orleans, LA 70118

839 PINE Street, New Orleans, LA 70118

1010 PHILIP Street, New Orleans, LA 70130

839 PINE Street, New Orleans, LA 70118

2708-12 DUBLIN Street, New Orleans, LA 70118

920 LOUISIANA Avenue, New Orleans, LA 70115

1414 MAGAZINE Street, New Orleans, LA 70130

1206-08 Milan Street, New Orleans, LA 70115

6046 PATTON Street, New Orleans, LA 70118

3717-19 NASHVILLE Avenue, New Orleans, LA 70125

819 North Villere Street, New Orleans, LA 70116

3608 ELAINE Place, New Orleans, LA 70119

2242 STATE Street, New Orleans, LA 70118

931-35 Dauphine Street, New Orleans, LA 70116

1452 VERNA Court, New Orleans, LA 70119

2405 07 MILAN Street, New Orleans, LA 70115

622-24 Burgundy Street, New Orleans, LA 70112

1411 TERPSICHORE Street, New Orleans, LA 70130

2714 Milan Street, New Orleans, LA 70115

3315 CONSTANCE Street, New Orleans, LA 70115

818 Bourbon Street, New Orleans, LA 70116

910 PLEASANT Street, New Orleans, LA 70115

2242-44 State Street, New Orleans, LA 70118

2412 N RAMPART Street, New Orleans, LA 70117

New Orleans, LA Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

Need Help?

Browse Multifamily properties for Sale Near New Orleans, LA

Popular Searches in New Orleans, LA

Popular Categories

Most Searched ZIP Codes in New Orleans, LA

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