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Financial
Distress signals
Property profile

3508 Cleveland Ave New Orleans, LA 70119

FOR SALE
Apartment buildings
Property ID
US36-0096992
2,728 SF 0.09 ac lot Built 1960
Last sale Jul 2024 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$33k
Assessed land$6k
Assessed improvement$27k

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$325k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$6k
Operating expenses−$26k
NOI · 4.84% cap applied$32k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$67 – $120

Cap rate analysis

How does the asset earn?
4.84%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop10.3
Locksmith10.2
Dry Cleaner9.7

Location

3508 Cleveland Ave New Orleans, LA 70119
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4333 Carrollton, New Orleans, LA 70119-6851 $505,700 Jun 2023 3,366 SF
1510 Mystery, New Orleans, LA 70119-2810 $650,000 Apr 2023 3,264 SF
324 Dorgenois, New Orleans, LA 70119-6431 $198,000 Feb 2023 2,256 SF
216 Miro, New Orleans, LA 70119-5759 $640,000 Nov 2022 2,888 SF
2401 Iberville, New Orleans, LA 70119-5625 $410,000 Nov 2022 3,050 SF
3307 Iberville, New Orleans, LA 70119-5305 $210,000 May 2022 2,807 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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