$2,800,000

Estimated payment $18,056/month

Total Views 96
113 Beds
65 Baths
62,685 Sq Ft
$45 Price per Sq Ft

Highlights

  • 1.75 Acre Lot
  • Balcony
  • Central Heating and Cooling System
  • Traditional Architecture

About This Home

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 substantial value-add potential. 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.

Listing Agent

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063 Listed on: 08/15/2025

Co-Listing Agent

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1981

Lot Details

  • 1.75 Acre Lot
  • Property is in average condition

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Flat Roof with Façade front
  • Shingle Roof

Interior Spaces

  • 62,685 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 113 Bedrooms
  • 65 Full Bathrooms

Additional Features

  • Balcony
  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 39W000632

Property Details

Home Type

Apartment

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.75
  • Lot Size: 79550
  • Co List Office Mls Id: BRALLC01
  • Co List Office Phone: (504) 901-0463
  • Architectural Style: Traditional
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1981
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 3

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 65
  • Total Bedrooms: 113
  • Living Area: 62685.0

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot
  • Home Warranty: No
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition
  • Roof: Flat, Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 39W000632

Rental Info

  • Tenant Pays: Electricity

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $2,800,000 +16.7% $45 / Sq Ft
08/15/2025 08/15/25 For Sale $2,400,000 -- $46 / Sq Ft
Source: ROAM MLS

Source: ROAM MLS

MLS Number: 2517176

APN: 3-9W-0-006-32