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136 S Olympia St 6 Unit Apartment Building $879,000 ($146,500/Unit) New Orleans, LA 70119

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EXECUTIVE SUMMARY

This beautifully maintained 6-unit property is an excellent income producer. Located just one block off Canal Street, it consists of two Arts and Crafts style homes built around 1930, offering six one-bedroom, one-bath apartments. The units retain most of their original architectural details while featuring modern amenities. The first house contains two apartments, one in the front and one in the back. The second house includes four units, with two upstairs and two downstairs. Both homes boast covered front porches. A small courtyard separates the houses in the front, while the rear courtyard offers a common sitting area, a one-car garage, an outdoor storage area, and a laundry area for units without in-unit hookups. This property is ideally situated one block from the Canal streetcar line, in a vibrant area rich with restaurants, shopping, and the best of New Orleans.
Apt.1 $1300 800 sq ft Apt.2 $1340 850 sq ft Apt. 3 $1170 650 sq ft Apt. 4 $1210 650 sq ft Apt. 5 $1250 700 sq ft Apt.6 $1250 750 sq ft

PROPERTY FACTS

Price $879,000
Price Per Unit $146,500
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 4,827 SF
Average Occupancy 100%
No. Stories 1
Year Built 1930
Parking Ratio 0.21/1,000 SF
Zoning HU-RD2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-05-3-086-02
Land Assessment
$12,390
Improvements Assessment
$34,420
Total Assessment
$46,810
  • Listing ID: 38774325

  • Date on Market: 12/15/2025

  • Last Updated:

  • Address: 136 S Olympia St, New Orleans, LA 70119

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