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7-Unit Multi-Family Building

2601 Third St, New Orleans, LA 70113

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Overview

Located at 2601–03 3rd Street, this seven-unit apartment building offers an attractive opportunity to acquire a well-positioned multi-family asset in the heart of New Orleans, only minutes from Downtown. Situated on a 2,790 square foot corner lot with frontage along both 3rd Street and South Robertson Street, the property contains approximately 4,000 square feet of improvements.

The property is currently configured as a seven-unit apartment building, offering immediate income potential with upside through thoughtful management and rental growth. Located in Flood Zone X (X500), the asset benefits from reduced flood risk concerns relative to much of the city. This offering represents a compelling opportunity for investors seeking stabilized multi-family income in an established neighborhood.

For Sale

Multifamily
Sale Price
$699,000
Price Per SF
$174.8/SF
Building Size
4,000 SF
Acres
0.0638 ac
Zoning
HU-MU
Zoning Desc.
Historic Urban Neighborhood Mixed Use District
Total Units
7
Parish
Orleans
Listed
02/27/2026
Updated
03/03/2026
Listing ID
9740c7eb
Parcel APN
412303608