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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 recently renovated 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
02/27/2026
Listing ID
9740c7eb
Parcel APN
412303608