$3,900,000
Active
27
Beds
30
Baths
8,850
SqFt
1995
Built
131 S. Norman C. Francis Parkway presents a rare opportunity to acquire a turnkey, 20-unit historic multifamily property in the heart of Mid-City. Beautifully renovated in 2018, this well-maintained asset blends historic New Orleans character with modern amenities.
Each apartment features hardwood floors, in-unit washer and dryer, dishwasher, and updated finishes designed to attract and retain quality tenants. The property also offers valuable off-street parking, an increasingly desirable amenity in this highly walkable neighborhood.
Ideally situated along the Norman C. Francis corridor, the property is just blocks from Trader Joe's, Rouses Market, the Canal Street streetcar line, Bayou St. John, City Park, the Lafitte Greenway, restaurants, shopping, and many of Mid-City's most popular attractions.
A stabilized, income-producing investment in one of New Orleans' most sought-after neighborhoods. Rent roll and financial information available upon request.
MORTGAGE CALCULATOR
$19,721
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$3,900,000
Bedrooms27
Full Baths27
Half Baths6
Inside Area (SqFt)8,850 sqft
Lot Size0.4576 Acres
Year Built1995
MLS® Number2563853
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
GENERAL
Acres0.4576
Cross StreetCleveland, Canal St
FoundationRaised
Green Energy EfficientInsulation
LevelsThree Or More
ParkingOff Street
Property Sub TypeApartment
SewerSeptic Tank
StyleOther
Water SourcePublic
INTERIOR
CoolingCentral Air, Ductless, Wall Unit(s)
HeatingCentral
Laundry FeaturesIn Unit
EXTERIOR
Construction DetailsStucco
Lot FeaturesCity Lot, Rectangular Lot
Pool FeaturesNone
RoofOther
COMMUNITY
Accessibility FeaturesAccessible Entrance
RECENT ACTIVITY
July 14, 2026Active
Listing courtesy of NORF Realty LLC
Listing courtesy of NORF Realty LLC
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Comps
Limited comparable sales data available in this area.
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Based on $266/sqft in this area
Most Similar

2921 LEPAGE Street
New Orleans, LA 70119
Sold $760,00009/04/2026
- Square Footage+$1,539,031
- Bedrooms+$876,563
- Bathrooms+$470,156
- Garage$0
- Lot Size+$161,358
- Market Trend+$235
Adjusted Price$3,807,343

2921 LEPAGE Street
New Orleans, LA 70116
Sold $760,00009/04/2026
- Square Footage+$1,539,031
- Bedrooms+$876,563
- Bathrooms+$470,156
- Garage$0
- Lot Size+$161,358
- Market Trend+$235
Adjusted Price$3,807,343
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