New Orleans LA Multi Family for Sale

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Type:
Mixed Use
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
5
Year built:
1950
Baths:
2.00
MLS#:
2468578

ADDITIONAL INFORMATION

OPPORTUNITY KNOCKS in the HEART OF ALGIERS POINT! Duplex with detached cottage. Located directly on a beautiful tree-lined park and playground, 638 Seguin is currently two units, one residential and one commercial/office space, that could very easily be combined into one large single-family property! Or build out the smaller unit to make two residential units! Gorgeous and unique Art Deco building, likely once a corner store, now features three bedrooms and a bathroom in the upstairs unit, and two offices and a half bath in the lower unit. Just steps away from all of the restaurants, shops, and pubs that make walkable Algiers Point so desirable! EXTREMELY UNIQUE OPPORTUNITY! Adorable cottage accessed directly off of Delcazal Park / Playground in historic and charming Algiers Point! With a view looking directly out to the tree-lined park, this two-bedroom, one-bath beauty is just waiting for the next owner to love it and make it their own! In addition to the park, 416 Evelina is steps to all of the wonderful nightlife, shops, and amenities that make Algiers Point so desirable! Easy commute to Federal City / MARFORRES / USCG Sector HQ, a short walk to the Canal Street Ferry, and just three blocks to the paved levee bike path!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.09 Acres
Year built:
1977
Baths:
2.00
MLS#:
2467646
Subdivision:
Algiers Riverpoint

ADDITIONAL INFORMATION

INVESTORS SPECIAL!!! Great investment opportunity in Algiers! This home is walking distance to the levee! Home being sold AS-IS. Seller will make no repairs. Home priced at appraised value! Highest and best offer due by 9/26 at 5pm.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1979
Baths:
4.00
MLS#:
2467436

ADDITIONAL INFORMATION

Investors, Welcome to a great income opportunity. Grab this Income Generating double located - in Algiers. Both units are 3 bed 2 bath. Centrally located just 2 blocks to General DeGaule and with quick access to public transportation. The property has been easy to maintain and keep occupied due to its location and size. This investor is downsizing his portfolio. So if your portfolio is ready to grow, this is the best deal for you! One unit currently occupied. Vacant unit being cleaned for next tenant.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.09 Acres
Year built:
1920
Baths:
5.00
MLS#:
2460118

ADDITIONAL INFORMATION

Discover a rare investment opportunity with this charming multi-family property located on a desirable corner lot in the heart of historic Algiers Point. This property features three units with a total of 5 bedrooms and 4.5 bathrooms. Two units are currently tenant-occupied, providing immediate income potential, while the third unit is ready for an owner-occupant or additional rental. The property boasts a detached garage, perfect for additional storage or parking. Enjoy the character and charm of this vibrant neighborhood, known for its rich history, unique architecture, and proximity to the Mississippi River, parks, and local shops. Whether you're looking to invest or reside in one of New Orleans' most sought-after areas, this multi-family gem is a must-see!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
2023
Baths:
3.00
MLS#:
2466549

ADDITIONAL INFORMATION

LOCATION! Two blocks from the beautifully tree lined Opelousas Ave, this location is great for biking to Algiers Point! Just minutes from Barracuda tacos, plenty of locally loved bars, and the FERRY!! Bike to the Algiers ferry in around 5 minutes and enjoy a day in the city. Both units include 3 bedrooms and 3 bathrooms which make it highly sought after by renters, and owner occupants! Added bonus that it is in an X flood zone. New construction, great location, ready for you!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1912
Baths:
8.00
MLS#:
2463255

ADDITIONAL INFORMATION

In Algiers Point, this historic home was formerly housed a drugstore with living quarters. The penthouse encompasses the entire second floor, offering breathtaking views that are not to be missed! Additionally, there are three tenant-occupied rental units on the first floor. With historical charm while incorporating modern amenities, the penthouse boasts high ceilings, hardwood floors, and large windows that fill the spaces with natural light. The penthouse, offers a spacious open floor plan a private wrap around porch, providing breathtaking views of the New Orleans skyline.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
2023
Baths:
6.00
MLS#:
2464622
Subdivision:
Not a Subdivision

ADDITIONAL INFORMATION

Stunning Duplex - Income Generating Opportunity! Discover the ultimate investment opportunity with this newly built duplex, designed to offer luxury living and excellent income potential. Located just minutes away from the bustling CBD, this property is a gem in the quiet community, offering modern amenities and a prime location. Property Features: Open floor plan- • Each Unit: 4 spacious bedrooms, 2.5 baths- • Chef’s Kitchen: for culinary enthusiasts- • Off-Street Parking: Convenience and security for your vehicles- • Prime Location: Minutes away from the CBD Whether you’re looking to generate rental income or purchase a home with room for extended family, this duplex offers unparalleled value. Don’t miss out on this rare opportunity! Contact me today to schedule a viewing and take the first step towards owning this fantastic property!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1969
Baths:
2.00
MLS#:
2464738

ADDITIONAL INFORMATION

Great investment property or live on one side and rent the other side, with some renovations this can be a gem. Property is sold AS-IS any inspection done will be for buyer's information only. SELLER WILL NOT DO ANY REPAIRS

Type:
Townhouse
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1940
Baths:
4.00
MLS#:
2461163

ADDITIONAL INFORMATION

Pictures of all portfolio properties are featured in this listing. Thank you for viewing, please read entire public remarks. This amazing townhouse style double located on a quiet cul-de-sac street in a convenient area of Algiers in an X flood zone. The interior has been updated and well maintained with features including all electric, no carpet, and very spacious rooms. Each side has 3 bedrooms and 1.5 bathrooms with downstairs having all tile floors for easy upkeep. There is a patio in back and balcony in the front of the upstairs bedroom. Shepard Ct. is conveniently located for easy access to the greater New Orleans area. Both sides are leased and is part of an amazing investment portfolio opportunity generating $259,000 annually. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. This profitable rental portfolio consisting of 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
2024
Baths:
4.00
MLS#:
2463327

ADDITIONAL INFORMATION

MAGNIFICENT NEW Construction. Elegant Modern Duplex The Second Floor unit Features a HUGE Entertaining Space/Open Floor Plan with a CHEF's DREAM Kitchen Lined w/Custom Cabinets, ALL Quartz Counters and Stainless Steel Appliances. 3 Large Independent Bedrooms, 2 Full LUXE Baths. Private Interior Laundry Center. Covered Front and Rear Terraces. This property comes with a 5 year Home Builder Warranty. HUGE, Incredible Lot measuring 32' wide by 160' deep !!!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.09 Acres
Year built:
1924
Baths:
2.00
MLS#:
2462204
Subdivision:
Algiers Riverpoint

ADDITIONAL INFORMATION

Great investment opportunity in Historic Algiers! This classic shotgun double includes two bedrooms and one bath on each side with a large front porch and spacious backyard. This is a great property to add to your rental portfolio or live in one side and rent the other side. Priced at appraised value! Call for your private showing today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1920
Baths:
1.00
MLS#:
2461400

ADDITIONAL INFORMATION

Great investment opportunity in the McDonough neighborhood of Old Algiers! This traditional shotgun double includes two bedrooms and one bath on each side with a large front porch and spacious backyard. Conveniently located four short blocks from shops and restaurants in Algiers Point, two blocks from restaurants on Teche Street in Old Algiers, and a 7 minute drive to the Crescent City Connection. Fair Market Rental rate of $1300/month per unit! Great property to add to your rental portfolio or live in one side and rent the other to cover your mortgage. Flood zone X= low insurance premium!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1940
Baths:
1.00
MLS#:
2460891

ADDITIONAL INFORMATION

this property is ready for you personal touch. This can be a magnificent building that can be a a complete rental property or owner occupied. Set up with two electric meters. Located in the heart of Algiers Point, a short distance to the CBD, ferry and interstate.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.12 Acres
Year built:
1980
Baths:
2.00
MLS#:
2457025

ADDITIONAL INFORMATION

Check out this Algiers beauty. This double has solid bones, well maintained, and 100% occupied. 321 was recently renovated with new flooring and upgrades. Roof only 8 years old. Tenants have washer/dryer hook-ups, plenty of shared backyard space, and a front porch to enjoy the view. Less than 1 block away from the levee. Add this Double to your portfolio or become a new Housing Provider.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.04 Acres
Year built:
1978
Baths:
4.00
MLS#:
2453890

ADDITIONAL INFORMATION

LOCATION,LOCATION,LOCATION steps from the Algiers passenger ferry. Levee is situated directly behind this cozy double. Enjoy beautiful views of the river, walks and bike rides along the levee. Come see this gem and make it your own, just needs a little tlc. Owner will consider Bond for Deed option

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Lot size:
0.09 Acres
Year built:
1950
Baths:
2.00
MLS#:
2453010

ADDITIONAL INFORMATION

This fantastic investment opportunity is a multifamily property located in an amazing neighborhood with schools and stores nearby. The property is great for investors looking to generate rental income or for buyers looking to live in one unit and rent out the other. The neighborhood is highly desirable, with a strong rental market and high demand for housing. The property is well-maintained and has great curb appeal, with a spacious backyard for outdoor entertaining. Don't miss out on this incredible investment opportunity in a prime location – schedule a showing today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.15 Acres
Year built:
1861
Baths:
3.00
MLS#:
2449375

ADDITIONAL INFORMATION

RARE OPPORTUNITY TO RESTORE A HISTORIC GEM IN ALGIERS POINT! Originally a Caretakers House and Presumed to be Built by the Vallette Family in 1861, this Property Boasts characteristics of GreeK Revival and Central Hall Cottage Architectural Styles. Gutted to the Studs and Reframed to Layout Prior to Fire in June 2023. Features include New Roof in 2023, Working Fire Place, Shed, Original Historical Details, DOUBLE LOT, Located Next Door to Hubble Library and One Block From Mississippi River. Potential for Federal and State Historic Tax Credits! Sold AS IS. Easily Converted to Single Family Home. "With great views of the Mississippi River and New Orleans’ skyline, the Algiers Point area is a quiet pocket of the city that feels like a village, with schools, parks, public library, restaurants, corner grocery stores, cafes, iconic bars and a pedestrian/bike/scooter ferry that was established in 1827."

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1980
Baths:
4.00
MLS#:
2450330

ADDITIONAL INFORMATION

Charming shotgun double with a picturesque exterior within a quiet Algiers neighborhood. Property presents a perfect opportunity to live in or as an investment property. FEATURES: Each side has two bedrooms and 2 full baths including separate laundry space. With one side currently tenant occupied, this property presents an enticing investment, offering immediate rental income. Call agent 24 hours in advance for appointment to view. Situated just a short drive from the Crescent City Connection. Enjoy easy access to downtown New Orleans and beyond. Discover the allure of Algiers living - schedule your viewing today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.09 Acres
Year built:
2024
Baths:
4.00
MLS#:
2443136

ADDITIONAL INFORMATION

Brand new contemporary double with numerous energy efficient building features to keep your homeownership costs low!! Wonderful location just 2 blocks to the river, near Federal City and Algiers Point. Easy commute to the bridge or ferry! Upstairs unit features a large open living, kitchen & dining area - complete with chic cabinet front appliances - and 3 bedrooms with 2 full baths. Lower unit has a smart, flexible floorplan with room for an office and a separate large primary suite or mother-in-law suite. Fabulous front & back porches. Charming backyard with landscaped garden beds. Large private parking area in the rear (accessed from side street via servitude).

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1955
Baths:
4.00
MLS#:
2441367

ADDITIONAL INFORMATION

Looking for an investment property?! Double shotgun income producing property. At present, both units bring in 2,550.00 per month but has been approved by Hano to increase to 2,900.00 per month Long term tenants would like to stay in the property. Termite contract, each side has a laundry room. NEW ROOF IN 2021 Flood insurance not needed Owner pays water approx $160/month Seller will make no repairs. Inspection for buyers knowledge only. Older termite damage from a previous owner.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1974
Baths:
2.00
MLS#:
2430758

ADDITIONAL INFORMATION

Great investment opportunity! Convenient to schools, restaurants, & shopping with a quick commute to downtown. Spacious, updated, & well-maintained. Great investment or live in one side and rent the other to supplement your mortgage! Each unit has 3 bedrooms/2 baths with laundry hookups kitchen appliances included, off-street parking w/driveway to rear of property! Brand New roof replaced After Hurricane IDA ,new plumbing under slab replaced in 2023

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.14 Acres
Year built:
1981
Baths:
4.00
MLS#:
2417558

ADDITIONAL INFORMATION

Multi-unit townhouse is loaded w/ rental potential! Two stories & over 2,500 sq ft. Very large den space, attached to kitchen w/loads of cabinets, matching appliances & tile backsplash. Low-maintenace ceramic tile floors throughout. NO carpet! Bathrooms have tile surround tubs. Shady backyard w/room to grill. Loads of offstreet pking. Walk to Tubman Charter & Morris Park. Speedy access to Crescent City Connector. Great investment oppty. A little love & this one will shine!

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Andrea Conner, License BROK.995692987-ACT, Xome Inc., License BROK.0995686178-CORP, AndreaD.Conner @xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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New Orleans Real Estate

The median home value in New Orleans, LA is $186,000. This is higher than the county median home value of $177,700. The national median home value is $219,700. The average price of homes sold in New Orleans, LA is $186,000. Approximately 38.04% of New Orleans homes are owned, compared to 42.79% rented, while 19.17% are vacant. New Orleans real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Orleans real estate agent to arrange a tour today!

New Orleans, Louisiana 70114 has a population of 388,182. New Orleans 70114 is less family-centric than the surrounding county with 18.89% of the households containing married families with children. The county average for households married with children is 20.48%.

The median household income in New Orleans, Louisiana 70114 is $38,721. The median household income for the surrounding county is $38,721 compared to the national median of $57,652. The median age of people living in New Orleans 70114 is 35.9 years.

New Orleans Weather

The average high temperature in July is 91.8 degrees, with an average low temperature in January of 44.9 degrees. The average rainfall is approximately 62.8 inches per year, with 0 inches of snow per year.

New Orleans Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    215
    30-day change

New Orleans Schools and Demographics

Education near New Orleans, LA

Metric City County
High School Graduates 85.87 85.87
College Degree - 2 year 4.66 4.66
College Degree - 4 year 36.48 36.48
Graduate Degree 9.45 9.45
Expenditures per Student 18,605 17,677
Students per Teacher 15.5 15.5

Elementary Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
Arise Academy PK - 07 425 12.9 70117
Gretna No. 2 Academy for Advanced Studies PK - 05 362 15.6 70053
Harriet Tubman Charter School KG - 08 543 15.1 70114
KIPP New Orleans Leadership Academy KG - 08 834 12.8 70117
Martin Behrman Elementary School PK - 08 713 17.2 70114
McDonogh #32 Elementary School PK - 08 670 20.9 70114
McDonogh 26/Homedale Elementary School PK - 05 371 16.1 70053
Paul Habans Charter School PK - 07 472 15.2 70114
Shirley Johnson/Gretna Park Elementary School PK - 05 636 15.8 70053
William Hart Elementary School PK - 05 414 16.9 70053
William J. Fischer Elementary School PK - 08 647 18.2 70114

Middle Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
Gretna Middle School 06 - 08 765 17 70053
L. W. Ruppel Academy for Advanced Studies 06 - 08 307 17.1 70053

High Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
Lord Beaconsfield Landry-Oliver Perry Walker High 09 - 12 1,316 29.4 70114
New Orleans Military/Maritime Academy 09 - 12 540 12 70114
Thomas Jefferson High School for Advanced Studies 09 - 12 400 14.3 70053

Ungraded Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
* New Orleans Center for Creative Arts 09 - 12 242 4.4 70117
Dr. Martin Luther King Charter School for Sci/Tech PK - 12 798 19.5 70117

Demographics near New Orleans, LA 70114

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 388,182 388,182
Population Density 2,291 2,291
Median Age 35.9 35.9
People per Household 2.4 2.4
Median Household Income 38,721 38,721
Average Income per Capita 29,275 29,275