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106 E 3rd Street, 
Belle Chasse, LA 70037

$950,000


Bed


Bath


16,890

Sq Ft


Multi-Family

Pending

Listed by

Herbert Dubuisson

Chip Gardner

Compass Mandeville (Comp15)

985-626-5695

Last updated:

April 13, 2026, 10:18 AM

MLS#

NO2544893

Source:

LA RAAMLS

About This Home

106 E 3rd Street

Oak Plaza Apartments has been owned and operated by the same family since 1978 and is being offered for sale as part of a generational succession. The property has maintained a strong and consistent occupancy history and is presently 100% occupied. It has been well maintained under long-term ownership. Historically, operations have not been optimized to maximize rental revenue or operating efficiencies, presenting a compelling value-add opportunity for an investor. Upside potential exists through market-supported rent growth, improved expense management, and professional operations. The asset is a stabilized, income-producing multifamily investment located in a market with job growth such as the new LNG liquefaction and export facility in Plaquemines Parish coupled with a limited number of multifamily properties in the immediate area. Oak Plaza Apartments consists of twenty three (23) well-maintained one-bedroom/one-bathroom units with on-site laundry faciliites and an office/storage room, situated across two separate two-story buildings positioned on either side of a private, on-site parking lot exclusively for residents. The apartments are individually-metered electricity with central water service. With stable tenancy and strong rental demand, Oak Plaza Apartments provides an attractive investment opportunity.

Home Facts

Multi-Family

Price Summary

950,000

$56 per Sq. Ft.

MLS #:

NO2544893

Last Updated:

April 13, 2026, 10:18 AM

Added:

a month ago


Structure

Structure

Building Area:

16,890 Sq. Ft.


Lot

Lot Size (Sq. Ft):

25,874


Finances & Disclosures

Finances

Price:

$950,000

Price per Sq. Ft:

$56 per Sq. Ft.

Source:LA RAAMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.