New Orleans LA Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Year built:
1960
Baths:
3.00
MLS#:
2479863

ADDITIONAL INFORMATION

Don’t miss this versatile 3-plex, complete with an included adjacent side lot! Featuring 2 front units and a back unit on the 2nd floor, this property totals 2,051 sq ft. With 6 bedrooms and 3 bathrooms, you have the option to live in one unit and rent out the other 2 for extra income, or rent out all 3 units for a solid return on investment. The bottom unit features a shotgun layout, providing a practical open flow from room to room. The front units come with wheelchair ramp access for easy accessibility. In the kitchen, you'll appreciate the ample cabinet space. The property has no carpet, offering low-maintenance flooring throughout. The large backyard is great for cookouts, gardening, or relaxing. The sale also includes the adjacent side lot, which provides parking for 3+ vehicles or the potential to build another rental unit. Conveniently located near the CBD and Ferry, this property is great for savvy investors! Motivated seller—don’t miss out! Schedule a showing today and see the potential for yourself!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.1 Acres
Year built:
1971
Baths:
2.00
MLS#:
2478252

ADDITIONAL INFORMATION

Spacious double right outside Algiers Point just waiting for your renovations. Each unit features 2 bedrooms/1 bathroom. One unit is leased out with long-term tenant. Other unit is vacant awaiting your renovations. In neighborhood with lots of renovations and new construction. Don't miss this opportunity to own an amazing investment property.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
2023
Baths:
4.00
MLS#:
2475692

ADDITIONAL INFORMATION

This newly constructed double offers a fantastic investment opportunity in a prime location just 10 minutes from downtown New Orleans. With a total of 6 bedrooms and 4 full baths—3 bedrooms and full 2 baths in each unit—this property is already generating income with reliable tenants. Each unit features modern luxury vinyl plank (LVP) flooring throughout and quartz countertops, providing durability and easy maintenance. The bathrooms are finished with tasteful modern tile, and the master bath includes a freestanding soaking tub, great for relaxation. Walk-in closets in the master suites offer ample storage space. Both units are equipped with convenient in-unit laundry facilities, enhancing tenant comfort. The property also boasts a large fenced backyard and offers ample parking for several vehicles, boat or trailer storage. This property is not only a solid income generator but also a well-maintained investment in a desirable area. Schedule your private tour today to explore this exceptional opportunity!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Year built:
2023
Baths:
4.00
MLS#:
2474578

ADDITIONAL INFORMATION

Modern duplex! Construction is less than three years old and perfectly located! 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 10 minutes and enjoy a day in the city. Some great amenities include off-street parking for each unit, quartz countertops, fenced in yard, and the bottom unit is occupied with a tenant!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1930
Baths:
2.00
MLS#:
2475263

ADDITIONAL INFORMATION

GREAT INVESTMENT PROPERTY OPPORTUNITY IN HISTORIC ALGIERS. X FLOOD ZONE. 1 BLOCK AWAY FROM PARADE ROUTE AND 10 MINUTES FROM DOWNTOWN. GREAT TENANTS. QUIET TUCKED AWAY NEIGHBORHOOD.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1930
Baths:
2.00
MLS#:
2475262

ADDITIONAL INFORMATION

GREAT INVESTMENT OPPORTUNITY IN HISTORIC ALGIERS. X FLOOD ZONE. 1 BLOCK AWAY FROM PARADE ROUTE AND 10 MINUTES FROM DOWNTOWN. GREAT TENANTS. QUIET TUCKED AWAY NEIGHBORHOOD. LONG TERM TENANTS WOULD LOVE TO STAY.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1930
Baths:
2.00
MLS#:
2475264

ADDITIONAL INFORMATION

GREAT INVESTMENT OPPORTUNITY IN HISTORIC ALGIERS. X FLOOD ZONE. 1 BLOCK AWAY FROM PARADE ROUTE AND 10 MINUTES FROM DOWNTOWN. GREAT TENANTS. QUIET TUCKED AWAY NEIGHBORHOOD.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.1 Acres
Year built:
1940
Baths:
2.00
MLS#:
2473846

ADDITIONAL INFORMATION

Investor's Dream in the Heart of Algiers! Unlock the potential of this multi-family income-producing property, nestled in the vibrant heart of Algiers! Key Features: 2 Bedrooms & 1 Bath on each side, generating income or creating a cozy home for yourself. A unique opportunity to restore its original charm – let your creativity shine! Don't miss out on this fantastic investment opportunity! Contact us today to schedule a viewing and start your journey toward revitalizing this beautiful property!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.09 Acres
Year built:
1902
Baths:
4.00
MLS#:
2472798

ADDITIONAL INFORMATION

Welcome to this stunning Greek Revival four-plex nestled in the historic Algiers Point neighborhood. This property boasts timeless architectural charm with its elegant columns and classic façade, offering a unique piece of New Orleans history. Located just a few blocks from the ferry, you'll enjoy effortless access to the lively French Quarter and the Central Business District, making it ideal for those who want to experience the best of city life while residing in a tranquil setting. You'll find newer central A/C units installed within the last couple of years in units 262 and 266 with a 10 year warranty. Alongside beautifully preserved original hardwood floors that add warmth and character to each unit. Currently, all units are leased, providing an immediate income opportunity for potential investors. Unit 268 has a 30 year tenant and is under rented, potential for an increase in rental income. All appliances, including the washer and dryer, will remain with the property, except for unit 268. Unit 266 (rear/lower) features a serene outdoor area for entertaining, complete with a bar and ample storage. This is an ideal chance to own a piece of Algiers Point's charm and enjoy the vibrant culture of New Orleans. Don’t miss out! Separate water and electric meters for all units.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.18 Acres
Year built:
1954
Baths:
3.00
MLS#:
2471583

ADDITIONAL INFORMATION

Are you an investor looking for your next investment or a buyer looking to build/renovate in Algiers? If so, this property is for you! This home is located on a double lot in a historical zoned neighborhood. This property is minutes away from the Crescent Connection and the Algiers Ferry. Seller is motivated. Property to be sold as is. This property requires extensive repairs.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.09 Acres
Year built:
1924
Baths:
2.00
MLS#:
2471836
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 below appraised value! Call for your private showing today!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.14 Acres
Year built:
1955
Baths:
3.00
MLS#:
2469964

ADDITIONAL INFORMATION

Discover the charm of Algiers Point, one of New Orleans' most desirable neighborhoods, rich in history and character. Located just across the Mississippi River from the French Quarter, this vibrant community features picturesque streets, historic architecture, and stunning views of the New Orleans skyline. Algiers Point boasts a rich history known for its quaint streets lined with historic homes. Key landmarks include the Algiers Ferry Terminal, providing easy access to the bustling heart of New Orleans. The area offers a mix of local shops, cafes, and parks, making it an attractive place for residents and visitors alike. With convenient access to the GNO Bridge, commuting to downtown New Orleans is a breeze. This well-maintained triplex generates a monthly income of $3,679, making it an ideal investment for those looking to expand their portfolio. The property includes two 1-bedroom, 1-bath units equipped with mini-splits, and a spacious 2-bedroom, 1-bath unit with central A/C. Each unit has separate electric meters, providing added convenience for tenants. Whether you’re looking to invest or occupy one unit and benefit from rental income, this property offers versatility and financial potential. Don’t miss your chance to explore this unique opportunity in a thriving neighborhood. Call or text to schedule a showing—note that all units are currently occupied.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1899
Baths:
MLS#:
2469645

ADDITIONAL INFORMATION

Gutted duplex built in 1899 ready for renovation into duplex rental or single family dwelling. 3D virtual tour: https://my.matterport.com/show/?m=o6zGHSHWc5d

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
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:
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:
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. This listing also includes additional pictures of properties in the portfolio listed under MLS#2461660, MLS#2461661, MLS#2461161, MLS#2461658, and MLS#2461662, MLS#2461163.

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:
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:
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).

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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 $256,000. This is lower than the county median home value of $270,400. The national median home value is $338,100. The average price of homes sold in New Orleans, LA is $256,000. Approximately 38.9% of New Orleans homes are owned, compared to 42.07% rented, while 19.03% 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 383,974. New Orleans 70114 is less family-centric than the surrounding county with 18.56% of the households containing married families with children. The county average for households married with children is 19.77%.

The median household income in New Orleans, Louisiana 70114 is $45,594. The median household income for the surrounding county is $45,594 compared to the national median of $69,021. The median age of people living in New Orleans 70114 is 37.7 years.

New Orleans Weather

The average high temperature in July is 91.8 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 63.5 inches per year, with 0 inches of snow per year.

New Orleans Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    209
    30-day change

New Orleans Schools and Demographics

Education near New Orleans, LA

Metric City County
High School Graduates 88.18 88.18
College Degree - 2 year 5.05 5.05
College Degree - 4 year 39.1 39.1
Graduate Degree 10.43 10.43
Expenditures per Student 20,431 20,431
Students per Teacher 17.7 17.7

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 Inner City
Population 383,974 383,974
Population Density 2,266 2,266
Median Age 37.7 37.7
People per Household 2.4 2.4
Median Household Income 45,594 45,594
Average Income per Capita 34,036 34,036