8019 Trapier Avenue New Orleans, LA $ 280,000
8019 Trapier Avenue
$ 280,000
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8019 Trapier Avenue

New Orleans, LA, 70127
$ 280,000
Bedrooms2 Baths1.0 Sq 62,685

Monthly Estimate*

$ 1,724

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Multi-Family Home for sale in New Orleans, LA

for $280,000 with 2 bedrooms and 1 full bath. This 62,685 square foot home was built in 1981 on a lot size of 1.75.

*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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Multi-Family Active

Price

$ 280,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

1.75

Year Built

1981

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2558562

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Architectural Style Contemporary
Pool Features None
Year Built 1981
Tenant Pays Electricity Water
Stories Count 2
Levels Two
Property Subtype Apartment
County Orleans
Property Type Residential Income
Full Baths 1
Status Active
City New Orleans
Number Of Units Total 1
Property Condition Average Condition
Standard Status Active
Property Sub Type Additional Apartment
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
Foundation Details Slab
Lot Dimensions 79550
Lot Size Acres 1.75
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 2
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* Excluded Features
List By
Bridgewater Realty Advisors, Llc

Broker

mason@bridgewater.realty

Email

Affordability Calculator

$1,724
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,724
Monthly Property Taxes
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Monthly Home Insurance
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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
Pricing History
DatePricePrice ChangeDescription
5/17/2026$280,000 Listed Price

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8019 Trapier Avenue, New Orleans, LA, 70127 is a Multi-Family Home for sale at $280,000 with 62,685 sqft and a lot size of 1.75. 8019 Trapier Avenue has 2 bedrooms, 1.0 baths, and was built in 1981. The property's zip code is 70127 which is in New Orleans, LA