8019 Trapier Ave | Image 1
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$2,800,000

For Sale

2 months ago

8019 Trapier Ave, New Orleans, LA

House

MLS® 2542902

0 Bed

0 Bath

62685 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 62685 sqft
Garage 
Taxes 
Days Active 62
Lot Size 
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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1981
Basement
DrivewayParking Lot
Garage Spaces
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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