This seven-unit multi-family property at 2601-03 Third Street presents an exceptional investment opportunity in the heart of New Orleans. Positioned on a 2,790-square-foot corner lot with frontage along both Third Street and South Robertson Street, the building offers approximately 4,000 square feet of recently renovated living space. Its location provides convenient access to Downtown New Orleans, major employment centers, and a wide range of retail and dining options.
Configured as seven individual apartment units, the property delivers immediate income potential with the added benefit of long-term appreciation. Recent renovations enhance the building’s appeal and reduce near-term capital expenditure requirements, while the HU-MU zoning supports continued multi-family use. Located in Flood Zone X (X500), the property benefits from reduced flood risk compared to much of the city, further strengthening its investment profile.
This offering is well-suited for investors seeking stabilized multi-family income in an established neighborhood with strong rental demand and proximity to the city’s cultural and economic core.