81% Occupied Multifamily Portfolio in Venetian Isles

For Sale

4870, 4900, 4910, 4920 Alsace St, New Orleans, LA 70129

This New Orleans property for sale is located at 4870, 4900, 4910, 4920 Alsace St. The current listed sale price for 81% Occupied Multifamily Portfolio in Venetian Isles is $1,250,000. 81% Occupied Multifamily Portfolio in Venetian Isles is situated on a lot that is 0.61 acre in size.

Contacts

broker
Benji Azar

ELIFIN®

Property Details

  • Property Type Multi-Family
  • Property Size 15,360 SF
  • Units 16
  • Lot Size 0.61 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jul 24, 2025
Lot 17, 18, 19, 20Seller financing available. Now available for sale, 4870, 4900, 4910, and 4920 Alsace St is a 4-building multifamily property totaling 16 units. Each building is a ±3,840 SF fourplex. Each unit features 2 bedrooms and 1 bathroom. The buildings are adjacent and include off-street parking. The property is currently 81% occupied and yields a NOI of $95,577 and 7.65% Cap Rate. Zoned S-RM2 (Suburban Multi-Family Residential District).
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Highlights

  • 7.65% Cap Rate
  • Currently 81% occupied and yielding a NOI of $95,577
  • Each unit features 2 bedrooms and 1 bathroom
  • Seller financing available

Getting around

  • 34/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 42/100

    Bike Score ®

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Location

  • City New Orleans, LA
  • Neighborhood Village de L'Est
  • Zip Code 70129
  • Market New Orleans

Points of Interest

  • Saint Claude at Elysian Fields

    10.00 miles

  • Big Cat

    1.14 miles

  • CGX Gas

    1.58 miles

  • Shell

    2.84 miles

  • Chevron

    5.30 miles

  • Walmart

    7.31 miles

  • Citgo

    7.39 miles

  • Fuel Zone

    7.79 miles

  • The New Orleans HEaling Center Side Parking Lot

    9.78 miles

  • Rodeway Inn

    0.92 miles

  • Siegel Select New Orleans Building B

    2.52 miles

  • Siegel Select New Orleans Building A

    2.59 miles

  • Holiday Inn Express New Orleans East

    3.02 miles

  • Comfort Suites New Orleans East

    3.06 miles

  • Wyndham Garden New Orleans East

    3.58 miles

  • Quality Inn

    3.66 miles

  • Country Inn & Suites, New Orleans I-10 East, LA

    3.67 miles

  • Days Inn by Wyndham New Orleans

    3.70 miles

  • Family Inns

    6.46 miles

  • 99 Market

    1.15 miles

  • CGX

    1.59 miles

  • Big Lots

    2.77 miles

  • Walmart Supercenter

    2.98 miles

  • Save-A-Lot

    3.72 miles

  • Winn-Dixie

    3.89 miles

  • Walmart Neighborhood Market

    7.38 miles

  • Canseco's

    9.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Benji Azar

ELIFIN®

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