Residential Income

New Orleans, LA Residential Income Properties for Sale

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Gretna, LA Saint Bernard, LA Harvey, LA Metairie, LA Marrero, LA Arabi, LA Westwego, LA Chalmette, LA
1,245 properties
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9-Unit Apartment Building
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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Historic Mixed-Use Property
Updated: Oct 20
Historic Mixed-Use Property

618 JULIA Street, New Orleans, LA 70130

$2,789,000
6,817 sqft
6,817‑square‑foot mixed‑use property built in 1832 and restored in 2025
Main residence: approximately 3,672 square feet, with 4 bedrooms and 3 full baths plus 1 half bath
1,241‑square‑foot apartment with 2 bedrooms and 1 full bath plus 1 half bath
Separate apartment with 3 bedrooms and 1 bath
Approximately 1,212 square feet of first‑floor gallery or retail space
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10-Unit Apartment Building
10-Unit Apartment Building

4300 N PRIEUR Street, New Orleans, LA 70117

$795,000
4,398 sqft 0.15 AC lot

The unit mix includes two-bedroom apartments, one-bedroom apartments, and efficiencies, each equipped with a range and oven.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Updated 4-Unit Apartment Building
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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Five-Unit Historic Apartment Building
Five-Unit Historic Apartment Building

2007-11 ESPLANADE Avenue, New Orleans, LA 70116

$1,700,000
7,700 sqft 0.24 AC lot

An 1883 Italianate property combines a flexible residential layout with a private, self-contained suite.

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10-Unit Apartment Building
10-Unit Apartment Building

4300 N PRIEUR Street, New Orleans, LA 70117

$795,000
4,398 sqft 0.15 AC lot

A varied apartment mix is paired with unit-level range/ovens and recent exterior and window improvements.

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10-Unit Apartment Building
10-Unit Apartment Building

4300 N PRIEUR Street, New Orleans, LA 70117

$795,000
4,398 sqft 0.15 AC lot

All ten residences are occupied, with a mix of efficiency, one-bedroom, and two-bedroom layouts.

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10-Unit Apartment Building
10-Unit Apartment Building

4300 N Prieur Street, New Orleans, LA 70117

$795,000
4,398 sqft

A varied apartment mix is complemented by range/ovens in every unit and several building improvements.

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9-Unit Apartment Building
9-Unit Apartment Building

606 EGANIA Street, New Orleans, LA 70117

$569,000
6,792 sqft 0.24 AC lot

The three-level property is fire-damaged and gutted, with a prior layout of multiple apartment units.

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Four-Unit Historic Quadplex
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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Two-Unit Duplex with Loft
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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Historic 5-Unit Apartment Building
Historic 5-Unit Apartment Building

2007-11 ESPLANADE Avenue, New Orleans, LA 70116

$1,700,000
7,700 sqft 0.24 AC lot

Original millwork, galleries, and a flexible layout support multifamily occupancy or conversion to a single residence.

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Spanish-Style Quadplex with Porches
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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Six-Unit Apartment Building
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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Greek Revival Fourplex
Greek Revival Fourplex

1411 TERPSICHORE Street, New Orleans, LA 70130

$889,000
4,990 sqft

Four townhome-style residences offer private entrances, outdoor areas, and in-unit laundry.

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4-Unit Quadplex
4-Unit Quadplex

7026 S CLAIBORNE Avenue, New Orleans, LA 70125

$785,000
4,146 sqft

Four residences feature kitchens updated in 2022, and the upper apartments include sunrooms.

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Seven-Unit Victorian Apartment Building
Seven-Unit Victorian Apartment Building

1414 Magazine Street, New Orleans, LA 70130

$1,425,000
5,016 sqft

Apartments feature private balconies, in-unit laundry and stainless steel appliances.

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10-Unit Apartment Building
10-Unit Apartment Building

4300 N PRIEUR Street, New Orleans, LA 70117

$795,000
4,398 sqft 0.15 AC lot

A fully occupied multifamily property offers a defined mix of apartment layouts and off-street parking.

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Duplex with Ground-Floor Apartment
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 Private Courtyard
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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Newer Two-Residence Duplex
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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Craftsman Duplex with Ground-Floor Apartment
Craftsman Duplex with Ground-Floor Apartment

5518 CANAL Boulevard, New Orleans, LA 70124

$550,000
3,211 sqft 0.11 AC lot

A separate one-bedroom rental complements the larger residence, with covered off-street parking and an open patio.

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Elevated Duplex With Private Apartment
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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Historic Seven-Unit Apartment Building
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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New Orleans, LA Residential Income Properties Market Trends and Statistics

Explore 1245 residential income properties for sale in New Orleans, LA, showcased through 1245 active listings on our real estate platform. These investment opportunities span a total of 3,991,763 square feet of properties for sale, with an estimated market value of $719,324,574.

Sale prices for residential investment properties in New Orleans, LA start at $40,000, averaging $590,093, 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

Multifamily properties 1260
Duplexes 828
Triplexes 117
Apartment buildings 108
Quadplexes 93

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 $381.5K

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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