8019 Trapier Avenue, New Orleans, LA 70127
Local realty services provided by:CENTURY 21 Action Realty
8019 Trapier Avenue,New Orleans, LA 70127
$2,800,000
- 8 Beds
- 4 Baths
- 4,480 sq. ft.
- Multi-family
- Active
Listed by: mason mccullough, bryce danna-marullo
Office: bridgewater realty advisors, llc.
MLS#:NO2558562
Source:LA_RAAMLS
Price summary
- Price:$2,800,000
- Price per sq. ft.:$44.67
About this home
*Seller open to Bond for Deed with 25% down, terms negotiable* 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 repairing) and currently in the midst lease-up, the occupancy went from 48% to 74% in a matter of months.
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Home facts
- Listing ID #:NO2558562
- Added:74 day(s) ago
- Updated:July 30, 2026 at 04:04 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,480 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Heat
- Central air:Yes
Structure and exterior
- Roof:Composition
- Building area:4,480 sq. ft.
- Lot area:1.75 Acres
- Foundation Description:Slab
- Levels:2 Story
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$44.67
Parking
- Parking description:Parking Lot
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