Active
Sale
Investment
Multifamily
Apartment Complex

6-Plex For Sale at 1039 Marais Street

1039 Marais St, New Orleans, LA 70116

For Sale

$899,000

$201.57/SF$149,833.33/Unit

Total Units
6
Cap Rate
6.5%
Building Size
4,460 SF
Lot Size
3,360 SF
Parish
Orleans
DOM
29
Listed
09/25/2026
Updated
10/12/2026
6-Plex For Sale at 1039 Marais Street
1 / 13

Overview

1039 Marais Street is a six-unit multifamily property in New Orleans’ Tremé neighborhood. The property contains approximately 4,460 square feet across three two-bedroom units and three one-bedroom units. Built in 1919 and renovated in 2019, the building is situated on a 3,360-square-foot corner lot measuring approximately 30 feet by 112 feet.

The property is located within the New Orleans Historic District Landmarks Commission Tremé district and is zoned HMR-1, Historic Marigny Tremé and Bywater Residential District. The asset is approximately 83% occupied and is offered for sale at $899,000, reflecting a reported 6.5% cap rate.

All information is deemed reliable but not guaranteed. Buyers and their agents are responsible for independently verifying square footage, rents, expenses, zoning, flood zone, taxes, and all other material facts.

Attachments

Additional Information

City
New Orleans
County
Orleans Parish
State
LA
Zip Code
70116
Latitude
29.9655823
Longitude
-90.06835869999999
Secondary Uses
Apartment Complex
Zoning
HMR-1
Zoning Desc.
Historic Marigny Treme And Bywater Residential District
Year Built
1919
Year Renovated
2019
Heat Type
Electricity
Heat Source
Central
Air Conditioning
Engineered System
Avg. Occupancy
83%
Lot Size
30' x 112'
Total Units
6
Laundry
In Each Unit
Power Provider
City - Entergy
Water Provider
City - SWBNO
Gas Provider
Private - Delta
Parcel APN
208103907
Listing ID
1fa6036e

Parcel & Location