9-Unit Residential Complex
New Orleans, LA
Property Details
2108 Broadway St, New Orleans, LA 70118
- Transaction Type For Sale
- Sale Price $1,350,000
- Lot Size 6,840 SF
- Building size 7,900 SF
- 9 Residential Units 600 - 1,000 SF
- Property Type Multifamily
- Zoning HU-RD1 (Historic Urban Two-Family Residential District)
Description
Situated in New Orleans' University corridor, this 9-unit residential complex offers investors a foothold in one of the city's most consistently high-demand rental markets. The neighborhood draws a reliable tenant base from students and young professionals who want walkable access to the best of Uptown living, and proximity to campus remains one of the area's most durable leasing advantages.
The building offers one- and two-bedroom floor plans, most featuring updated kitchens with stainless steel appliances, refreshed bathrooms, and wood floors. Select units feature high ceilings, sunrooms with abundant natural light, and private balconies or porches. Off-street parking and tenant storage round out the amenity package, both genuine differentiators in this part of the city.
Three of the units are currently leased and the remaining six are currently being marketed and receiving lots of interest.
Location Overview
The building is walking distance from Tulane and Loyola's campuses, with Maple Street, Oak Street, and Freret Street all within a couple miles, offering access to some of Uptown's most established restaurants, bars, and everyday conveniences. St. Charles Avenue is roughly a mile away, putting the streetcar and the Garden District well within reach. Audubon Park, the Fly, and The Batture round out a neighborhood that consistently draws tenants back year after year.
