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8019 Trapier Avenue

New Orleans, LA 70127
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Bed 2

Bed

Bath 1

Bath

SqFt62,685

Sqft

Acres1.75

Acres(Lot)

*Seller open to Bond for Deed with 25% down, terms negotiable* 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 value-add potential by leasing last remaining vacant/rent ready units and repairing 3 down units. 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. Will produce over $60,000 per month in gross rental income once fully leased and stabilized. Owners have completed all outstanding repairs since original list date (except for 3 down units they are not repairing) and currently in the midst lease-up, the occ upancy went from 48% to 74% in a matter of months.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,800,000

AD Id : 78824830

MLS Id : 2558562

Beds : 2

Lot Size : 1.75 Acres

Living Area Size : 62,685

Year Built : 1981

County : Orleans

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Full Baths: 1

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1981
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Dimensions: 79550 Main Square Feet: 1.75 Lot Size Acres: 1.75 Lot Description: 1 to 5 Acres,City Lot

  • Listing Price Information

    Listing Price: $2800000
    Original Price: $280000
    Bond For Deed, Owner May Carry

  • Tax Information

    Parcel Number: 39W000632 Tax Legal Desc: SQ 45 & 46 WEST HF COMM RESERVE D-2 55/418X155 TRAPIER AV FR/12 UNITS OF FOURPLEXES APT BLDG 2/STORIE S C/R

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7651 Brevard Avenue, New Orleans, LA, 70127 $159,900 4 2 1,440 1,440 SqFt
4701 Donna Drive, New Orleans, LA, 70127 $237,000 3 2 1,925 1,925 SqFt
4642 Cardenas Drive, New Orleans, LA, 70127 $159,000 3 1 1,100 1,100 SqFt
4419 Knight Drive, New Orleans, LA, 70127 $219,900 4 3 2,556 2,556 SqFt
7432 Dartmoor Drive, New Orleans, LA, 70127 $164,900 4 2 1,825 1,825 SqFt
4811 Hickerson Street, New Orleans, LA, 70127 $179,000 3 2 1,178 1,178 SqFt
7200 Claridge Court, New Orleans, LA, 70127 $299,000 5 4 3,287 3,287 SqFt
48 Morrison Court, New Orleans, LA, 70127 $215,000 3 2 1,976 1,976 SqFt
7350 Hansbrough Avenue, New Orleans, LA, 70127 $169,900 3 2 1,039 1,039 SqFt
4810 Galahad Drive, New Orleans, LA, 70127 $329,999 4 3 1,929 1,929 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/08/2026 @ 15:42

MLS: 2558562 LISTED BY: Mason McCullough, Bridgewater Realty Advisors, LLC 504-901-0463 SOURCE: NOMAR

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