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Uptown 8-Plex

2853 Dryades St New Orleans, LA 70115

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Overview

2853 Dryades Street is an investment opportunity that is zeroed in on the New Orleans metro areas most critical need, and what is in the most demand in the multi-Family space - Workforce Housing. Its 100% occupancy speaks to this constant demand. Located in Central City, its has close proximity to major North/South and East West thoroughfares and is conveniently located near multiple streams of public transit, as well as Uptown New Orleans and the CBD. There is a significant amount of new single family housing being constructed in the immediate area, as well as commercial activity.

The improvements consist of 8, 1 Bedroom/1Bath units. The units are separately metered for electrical and are well maintained. Significant barriers to entry in the immediate neighborhood provide for strong future demand and stable occupancy.

For Sale

Multifamily
Sale Price
$950,000
Price Per SF
$271.4/SF
Building Size
3,500 SF
Acres
0.1 ac
Zoning
HU-RD2
Zoning Description
Historic Urban Two Family Residential District
Average Occupancy Rate
100%
Total Units
8
County
Orleans Parish
Created
2025-06-25
Updated
2025-06-25
Listing ID
8d74938b
Parcel APN
412202620