8019 Trapier Avenue, New Orleans, LA 70127

New Orleans
Local realty services provided by:ERA Sarver Real Estate
8019 Trapier Avenue,New Orleans, LA 70127
$2,800,000
  • 2 Beds
  • 1 Baths
  • 62,685 sq. ft.
  • Multi-family
  • Active
Listed by: mason mccullough, bryce danna-marullo
Office: bridgewater realty advisors, llc.
MLS#:2558562
Source:LA_GSREIN

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

  • Year built:1981
  • Listing ID #:2558562
  • Added:90 day(s) ago
  • Updated:August 16, 2026 at 03:35 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:62,685 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1981
  • Building area:62,685 sq. ft.
  • Lot area:1.75 Acres
  • Lot Features:City Lot
  • Architectural Style:Contemporary
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$44.67

Parking

  • Parking description:Parking Lot

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