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8019 Trapier Avenue New Orleans, LA $ 2,800,000
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8019 Trapier Avenue
$ 2,800,000
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8019 Trapier Avenue

New Orleans, LA, 70127
$ 2,800,000
Bedrooms-- Baths-- Sq 62,685

Monthly Estimate*

$ 17,240

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Commercial Property for sale in New Orleans, LA

for $2,800,000. This 62,685 square foot building was built in 1981 on a lot size of 1.75.

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.

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Commercial Active

Price

$ 2,800,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.75

Year Built

1981

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2542902
Features
General
Sewer Public Sewer
Zoning Sb-2
Year Built 1981
Stories Count 3
Levels Three Or More
County Orleans
Property Type Commercial Sale
Total Rooms 0
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use None Other
Standard Status Active
Legal Description SQ 45 & 46 WEST HF COMM RESERVE D-2 55/418X155 TRAPIER AV FR/12 UNITS OF FOURPLEXES APT BLDG 2/STORIE S C/R
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Exterior
Parking Features Parking Lot
Lot Features 1 to 5 Acres City Lot
Water Source Public
Lot Size Area 1.75
Building Area Total 62685
Lot Dimensions 79550
Lot Size Acres 1.75
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Bridgewater Realty Advisors, Llc

Broker

mason@bridgewater.realty

Email

Affordability Calculator

$17,240
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
2/13/2026$2,800,000 Listed Price

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8019 Trapier Avenue, New Orleans, LA, 70127 is a Commercial Property for sale at $2,800,000 with 62,685 sqft and a lot size of 1.75. 8019 Trapier Avenue was built in 1981. The property's zip code is 70127 which is in New Orleans, LA

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