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Listed price in listed location currency (USD).
$2,800,000

000

MLS® 2542902

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 62685 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1981
Avg. Price Per Sqft $44
MLS® Number 2542902

Property Address: 8019 Trapier Ave, New Orleans, LA, 70127-1267

Average square foot calculated using Size range provided by listing agent.

Description

Situated in the heart of the New Orleans East neighborhood, this 65-unit apartment complex offers a prime workforce and affordable housing investment opportunity with value-add potential by leasing last remaining vacant/rent ready units and repairing 3 down units. The portfolio consists of two well-positioned properties: 8019 Trapier, encompassing 48 units, and 9500 Hayne, comprising 17 units. The buildings can be purchased together or separately as a 48 and 17 unit complex. Will produce over $60, 000 per month in gross rental income once fully leased and stabilized. Owners have completed all outstanding repairs since original list date (except for 3 down units they are not repaidring) and currently in the midst lease-up, the occupancy went from 48% to 74% in a matter of months.
MLS® Number2542902
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1981
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 13, 2026List Date
$2,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
8019 Trapier Ave, New Orleans, LA

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