16,890 Sq. Ft.
$56 / Sq. Ft.
16,890
Sq. Ft.
$56
per Sq. Ft.

Description

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...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.

Listing Agents

  1. Glenn Chip Gardner

    Glenn Chip Gardner

    Alternative Listing Agent

    Compass

    chip.gardner@compass.com

    P: (504)-236-3891

Property Details for 106 East 3rd Street

Architectural Style
Other Style
LISTING UPDATED: 03/11/2026 10:59 AM

Property Details for 106 East 3rd Street

StatusActive
MLS #2544893
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI FAMILY FOR SALE / Townhouse
Year Built1978
Lot Size0.59 AC / 25,875 SF
CountyPlaquemines Parish
Add your commute

Building Information for 106 East 3rd Street

Stories2Residences23Year Built1978Building Size-Lot Size0.59 AC / 25,875 SF

Payment Calculator

$5,053 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,630

Property Taxes

$423

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 106 East 3rd Street

Summary
Location and General Information
  • Directions: Bounding Streets: Hwy 23, Kimble
  • Latitude: 29.86
  • Longitude: -89.99
  • MLS Area Minor: PLAQUEMINES
  • Year Built: 1,978
  • In City Limits: No
Parking
  • Parking Features: Parking Lot
Taxes and HOA
  • Tax Legal Description: LOT 115' FRONTING ON MPRR TRACK & HWY 31 ADJOINING THIRD ST ON NW X 225' IN SEC 2 T14S R25E - JOSEPH RELLE S/D. 15 UNITS & 8 DUPLEX APTS
Virtual Tour
Property
Lot Information
  • Building Area Total: 16890.0
  • Living Area Source: Appraiser
  • Lot Features: Rectangular Lot
  • Lot Size Dimensions: 115x225
Property and Assessments
  • Parcel Number: 1514950
  • Property Type: MULTI FAMILY FOR SALE
  • Overall Condition: Average
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • GS Utilities Gas: None
  • EL Utilities Elec: Entergy
  • Individual Meters: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Slab: Traditional
  • Roof: Other
  • Stories: 2
Interior Features
  • Bathrooms Full: 23
  • Bathrooms Partial: 0
  • Bedrooms Total: 23
  • Cooling: Central Air
  • Entry Level: 1
  • Heating: Central
  • Bathrooms Total Integer: 23
  • Laundry Features Desc: on-site
Multi Family
Multi Family Information
  • Number Of Units Total: 23
Rental
Rent Information
  • Tenant Pays: Electricity

Property History for 106 East 3rd Street

DateEvent & SourcePriceAppreciation
Mar 10, 2026

Listed (Active)

ROAM MLS #2544893

$950,000
DateEvent & SourcePrice
03/10/2026

Listed (Active)

ROAM MLS #2544893

$950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 106 East 3rd Street

Taxable ValueLand$19,275Additions$52,041Total$71,316
Tax Record2024$5,077 ($423 / month)
Home Facts
Lot Size43,560 SqFtStyleMulti-Family Dwelling (2-4)CountyPLAQUEMINESAPN1514950

Schools near 106 East 3rd Street

This home is within Plaquemines Parish School District.
Rating
School
Type
Grades
Distance
Public - 2 to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 1
Rating
School
Distance
Belle Chasse Elementary School
Public2 to 4

Belle Chasse Middle School
Public5 to 8

Belle Chasse High School
Public9 to 12

Belle Chasse Primary School
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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106 East 3rd Street is a multi-family home for sale in Belle Chasse, LA 70037. This property was listed for sale on March 10, 2026 by Compass, it's currently listed at $950,000. This listing's school district is Plaquemines Parish School District. Nearby schools include Belle Chasse Elementary School, Belle Chasse Middle School and Belle Chasse High School. 106 East 3rd Street is a 23-bed, 23-bath, 16,890 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.