New Orleans LA Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 8
- Year built:
- 1932
- Baths:
- 4.00
- MLS#:
- 2480007
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Courtesy: REVE, REALTORS
504-300-0700
ADDITIONAL INFORMATION
University-area cash cow with off-street parking in desirable Uptown location! Nestled on a tree-lined street, this fully occupied duplex has an annual income of $86,400! Each top and bottom unit has 4 bedrooms and 2 bathrooms renting for $3,600/mo. The property boasts separate water and electric meters. It has a strong rental history and is currently leased through May 2025. The roof was replaced in 2021. Property is complete with a spacious backyard and detached carport. Don't miss out on this unique investment opportunity with high student demand!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 6
- Year built:
- 1978
- Baths:
- 2.00
- MLS#:
- 2479949
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Courtesy: The McEnery Company
504-274-2701
ADDITIONAL INFORMATION
Located less than two blocks away from Campus, this two story building consists of two units containing a total of three bedrooms and one bath each. Total of 6 bedrooms ready for immediate occupancy in the spring semester. 2,600 square feet total improvements located on a 2,800 sq/ft corner lot. The properties immediate proximity to campus has provided for a strong rental history throughout the owners tenure, with multi-year leases common.
$1,600,000
1517 AUDUBON Street New Orleans, LA 70118
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 8
- Year built:
- 1932
- Baths:
- 6.00
- MLS#:
- 2479946
View additional info
Courtesy: The McEnery Company
504-274-2701
ADDITIONAL INFORMATION
One of a kind university area investment opportunity located one block from campus. 1517-1519 Audubon is a two story double measuring 5,500 sq/ft. Each unit contains a total of 4 individual bedrooms all located off of a common hallway on the second floor. Large living , dining and kitchen areas provide plenty of space for student residents. The raised basement in each unit also provides ample storage. Off-street parking is also available for each unit. Each building is on a master lease providing for ease of monthly rent collections and tenant retention. Stabile and secure income with existing barriers to entry for competing assets. This location provides for constant occupancy with many tenants often passing their lease on to friends/family upon graduation.
$1,150,000
1030 SHORT Street New Orleans, LA 70118
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 12
- Lot size:
- 0.1 Acres
- Year built:
- 1940
- Baths:
- 4.00
- MLS#:
- 2479740
View additional info
Courtesy: LATTER & BLUM (LATT09)
504-948-3011
ADDITIONAL INFORMATION
Great Investment Opportunity in Uptown! Don't miss this prime opportunity to own a charming 4-plex in the heart of the highly sought-after University area. Just one block off Carrollton Avenue and Oak Street, you're only a 5-minute walk to vibrant cafes, shopping, and all the best of Uptown living. This well-maintained 4-unit building, originally built in the 1940s, offers spacious 3-bedroom, 1-bath apartments. Two units are located upstairs, and two are downstairs, providing a great mix of rental potential. Each apartment features a flexible dining room or office area, suitable for students, young professionals, or anyone in need of extra space. You'll also find the convenience of a private one-car garage for each unit, for off-street parking or additional storage. With its classic architecture, including a grand entrance and stunning stairway to the upper floor units, this building is a standout in the neighborhood. The location is convenient for student rentals, thanks to its proximity to the university, making this a fantastic investment opportunity. Whether you're looking to add to your portfolio or get started in real estate, this property has it all!
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Courtesy: Mirambell Realty
504-889-9850
ADDITIONAL INFORMATION
Invest on Oak St in New Orleans, rare opportunity to own a multi family on Oak St. Charming property with many historical features, just needs some updating. Wonderful opportunity to owner occupy or rent as investment. Demanding area, walk to all the best Oak St has to offer. Property on each side is beginning renovations. Flood Zone X. Zoning HU-MU can be residentially used or commercial.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 2010
- Baths:
- 2.00
- MLS#:
- 2478813
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Courtesy: Valmont Realtors
504-525-3067
ADDITIONAL INFORMATION
15-year-old double in need of repairs conveniently located to the interstate with easy access to downtown and Old Metairie. This property is being sold as a short sale and is subject to foreclosure. Additionally, the property is governed by a regulatory agreement (NA# 2009-21721). Please contact listing agent for more details.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.08 Acres
- Year built:
- 1910
- Baths:
- 6.00
- MLS#:
- 2477924
View additional info
Courtesy: LATTER & BLUM (LATT09)
504-948-3011
ADDITIONAL INFORMATION
HALF A BLOCK TO MAGAZINE STREET and TWO BLOCKS TO AUDUBON PARK! WATCH THE THOTH PARADE FROM YOUR PORCH and SECOND FLOOR GALLERY! This GOLDEN RECTANGLE double-gallery double has been fully renovated and features soaring ceilings, beautifully updated kitchens and bathrooms, and tons of original architectural detail! Gleaming hardwood floors, original decorative fireplaces, built-in bookcases, and a total of FOUR PRIVATE BEDROOMS, EACH WITH A PRIVATE FULL BATHROOM, and plenty of closet storage space! Excellent property for entertaining, with gorgeous natural light, huge double living rooms, separate formal dining and/or guest rooms, and a fabulous finished courtyard with covered outdoor kitchen and detached storage shed / future studio / home office! Easy walking distance to Restaurant Patois, Clancy's, Perlis, Monkey Hill, Starbucks, Regenellis, Picnic Provisions, Cascade Stables, Audubon Golf Club, Audubon Tennis Courts, the Zoo, and so many more favorite restaurants, shops, and other tremendous destinations! Keep as a double and let the rental income help pay the mortgage OR AN EASY CONVERSION TO A GLORIOUS SINGLE FAMILY HOME! This one won't last! RUN, DON'T WALK! First showing: OPEN HOUSE SUNDAY, DECEMBER 8th, from 12:30pm to 2:00pm!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.1 Acres
- Year built:
- 1974
- Baths:
- 3.00
- MLS#:
- 2478277
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Courtesy: RE/MAX N.O. Properties
504-866-7733
ADDITIONAL INFORMATION
Calling all Investors! Great rental opportunity on a large corner lot close to the Universities in the Uptown/Carrollton neighborhood. This is a double, 1939 Fern & 7828 Spruce Street (2 units, each with its own address), with 6 bedrooms and 2.5 baths between both units. 1939 Fern Street has long-term tenants and the 7828 Spruce side is vacant. Both units have washers & Dryers (included in the sale) and there is a large fenced-in backyard with room for multiple parking spots. The property is being sold As Is. Some exterior stucco repairs have just been completed, a brand new roof, newly renovated interior and paint. Property is priced BELOW recent appraisal! Improvements underway in vacant unit (7828 Spruce) competition expected in 2-3 weeks. Pictures will be updated upon completion. Current pictures reflect previous paint colors and finishes.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1940
- Baths:
- 2.00
- MLS#:
- 2477546
View additional info
Courtesy: LATTER & BLUM (LATT18)
504-895-4663
ADDITIONAL INFORMATION
Stunning craftsman-style home in Carrollton features an emphasis on historical preservation. This split level home has 4 levels of living with living room, dining room, laundry and kitchen on the main level and 3 large bedrooms and bathroom on the upper 2 levels. The lower level suite could be a separate space to generate rental income and includes a kitchenette and its own entrance. This 4 bed/2 bath home has original details including hardwood floors, original doors, trim and double hung windows, while also having an updated kitchen, bathrooms, electrical and plumbing. Fenced in backyard boasts a large deck, spacious grass area and shed. The front of the home features a metal fence with gated offstreet parking, front porch with gas lantern and lots of curb appeal.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1925
- Baths:
- 4.00
- MLS#:
- 2477101
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Courtesy: LATTER & BLUM (LATT28)
504-861-7575
ADDITIONAL INFORMATION
Welcome to your dream home - includes a spacious, main house/owner's unit plus a 2br/1ba income-producing apartment PLUS it's priced below appraisal! This stunning raised home sits on a charming tree-lined street with recently refreshed sidewalks, surrounded by other gorgeous homes. Step inside and you’ll instantly feel the 1920s charm blended with modern updates. Imagine entering through two sets of double doors into a cozy vestibule that leads to a grand foyer. Ready to move in, this home boasts 2 bedrooms and 2 baths on the upper level, including a spacious sitting room with big, beautiful windows off the main bedroom. You’ll love the character of the stained glass window in the bathroom and the elegant chandelier in the dining room. Downstairs, you’ll find 3 more bedrooms, a den, a bathroom, and a laundry room – plenty of space for everyone! And wait, there’s more! The lower level also features a completely separate 2-bedroom, 1-bath rental apartment with its own kitchen and laundry room, currently renting for $1300/month – a hit with university grad students and faculty. Need storage? There’s a huge storage room with an exterior entrance. Plus, you’ll adore the lovely brick patio and the lush green yard in the back. With 23 rooms in total, this home is a true gem you have to see to believe. Don’t miss out on this fantastic bargain in today’s market! *Priced below appraisal!*
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.14 Acres
- Year built:
- 1940
- Baths:
- 4.00
- MLS#:
- 2477691
View additional info
Courtesy: Ellis Realty & Design LLC
504-240-9603
ADDITIONAL INFORMATION
Investment Opportunity: Fourplex in Hollygrove/Carrollton Area Don’t miss this incredible chance to own a fully occupied fourplex in the desirable Hollygrove/Carrollton area of New Orleans. This property features four two-bedroom, one-bath units, all currently rented and generating steady income. Located across the street from a beautiful park, the property offers a serene view and a convenient recreational space for tenants. The building has been recently painted, giving it a fresh and well-maintained appearance. Available street parking and the added benefit of a storage closet located in the rear of the property. With all units already occupied, this is a turnkey investment opportunity offering immediate cash flow.Whether you’re a first-time investor or looking to expand your portfolio, this property is the perfect addition for creating long-term wealth. The Hollygrove/Carrollton area is known for its charm, convenient location, and strong rental demand. This is your chance to step into property investment and source of income.
$1,500,000
2108 BROADWAY Street New Orleans, LA 70118
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 11
- Year built:
- 1920
- Baths:
- 9.00
- MLS#:
- 2477552
View additional info
Courtesy: The McEnery Company
504-274-2701
ADDITIONAL INFORMATION
2108 Broadway Street presents a unique investment opportunity in the highly sought-after University neighborhood of New Orleans. This well-maintained multi-family property is ideally situated within walking distance of Tulane and Loyola Universities, as well as the historic St. Charles Avenue. Boasting a strong tenant demand, the property offers a stable cash flow with potential for rent growth. The classic style building has features including updated kitchens, bathrooms, and HVAC systems while preserving its historic charm. Select units feature hardwood floors, high ceilings, and private balconies, appealing to both students and young professionals. The property consists of 9 units generating a robust and stable income stream. It also offers off-street parking and is conveniently located near vibrant retail and dining options. With room for value-add improvements, 2101 Broadway Street is an ideal asset for investors seeking steady returns in a high-demand market.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1944
- Baths:
- 2.00
- MLS#:
- 2477314
View additional info
Courtesy: Realty One Group Immobilia
504-405-3211
ADDITIONAL INFORMATION
Location Location Location! Unit A has 2 bedrooms, 1 bath with wood floors, renovated 2013 fresh paint, new light fixtures & fans. Kitchen fully equipped with dishwasher range oven, microwave & refrigerator. Indoor laundry includes the washer & dryer. Prewired for telephone & cable. Off street parking for one vehicle. Walk to Maple St., Riverbend, Oak St. or the street car line. Lower unit. Unit B has 2 bedroom, 1 bath-refinished floors-light fixtures-fans-Kitchen fully equipped with granite counter tops, microwave, dishwasher, refrigerator & range oven. Indoor laundry room include washer and dryer. Porch is closed in for additional living space, prewired for cable and telephone. Upper unit! Upper unit is all electric. Seller will offer a Old Republic Home Warranty not to exceed $950. per the plan
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1944
- Baths:
- 3.00
- MLS#:
- 2476841
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Courtesy: McEnery Residential, LLC
504-605-4400
ADDITIONAL INFORMATION
Location, location, location! Calling all Tulane students, parents & faculty! Great duplex in a fantastic location one block off St. Charles and a few short blocks to Tulane University make this a perfect investment property! Left side is a spacious 3 bedroom (2 up and 1 down) / 2 full baths light filled renovated unit with wood floors, newer SS appliances, plantation shutters, an electric garage for a small car or storage and fenced rear yard. Right side is a well maintained 2 bed / 1 bath unit with large garage storage space and fenced yard. Two year old roof. Flood Zone X. Hop on the St. Charles streetcar or stroll to Maple Street boutiques, coffee shops and restaurants.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.07 Acres
- Year built:
- 1924
- Baths:
- 2.00
- MLS#:
- 2476891
View additional info
Courtesy: RE/MAX N.O. Properties
504-866-7733
ADDITIONAL INFORMATION
Beautifully Renovated Arts & Crafts Duplex In Great Location Between Broadway & Carrollton Close To Tulane and Loyola Universities. Freshly Painted Exterior & Interior. The Downstairs Unit (2210) Is Vacant and features a Renovated Kitchen With Quartz Countertops, a Renovated Bath & Wood Floors. Upstairs (2212) Is Rented And Has A Brand New Kitchen and Central Air & Heat. A Completed Brand New Street. Separate Water, Electric, & Gas Meters. Truly Turn???????????????????????????????? Key.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 2024
- Baths:
- 4.00
- MLS#:
- 2476232
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Courtesy: KELLER WILLIAMS REALTY 455-0100
504-455-0100
ADDITIONAL INFORMATION
This newly constructed duplex presents an excellent opportunity with two separate units, each offering 3 bedrooms and 2 bathrooms. Centrally located, this property boasts modern features throughout, including vinyl plank flooring and stone countertops in both units. The beautifully equipped bathrooms, including a primary ensuite in each unit, add a touch of luxury and convenience. Additionally, the property includes a large fenced yard, great for outdoor activities and pets. For added convenience, there is drive-off street parking available, making it easy for residents to come and go. This setup is great for homeowners looking to live in one unit while renting out the other for additional income, providing financial flexibility. Overall, this new construction duplex combines functionality, style, and income potential, making it an attractive option for investors or those seeking a dual living arrangement.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.08 Acres
- Year built:
- 1924
- Baths:
- 2.00
- MLS#:
- 2475860
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Courtesy: RE/MAX N.O. Properties
504-866-7733
ADDITIONAL INFORMATION
Beautifully Renovated Arts & Crafts Double In Great Location Between Broadway and Carrollton Close to Tulane and Loyola Universities. Renovated Kitchens & Baths. Freshly Painted Exterior & Interior. Refinished Pine Floors Throughout. No Carpet. Central Air & Heat. Laundry Rooms on Both Sides. Charming Front Porches Looking At A Completed Brand New Street, Curbs, and Sidewalk. Both Sides Are Vacant & Easy to Show. Separate Water, Electric & Gas Meters. Truly Turn Key.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1926
- Baths:
- 5.00
- MLS#:
- 2475966
View additional info
Courtesy: Upper Management Realty, LLC
504-895-1241
ADDITIONAL INFORMATION
This two-unit, fully leased property is an ideal investment in the heart of Uptown New Orleans! Offering a total of 6 bedrooms and 5 bathrooms, this income-generating property combines historic charm with modern updates, just minutes from Audubon Park, Tulane and Loyola Universities, and Magazine Street. Each unit features spacious living and dining areas, hardwood floors, high ceilings, and well-appointed kitchens. The primary unit includes a luxurious suite with a walk-in closet and spa-inspired bath. Outdoors, a landscaped yard offers versatile outdoor living space. With ample square footage an off-street parking featuring a carport, plus a fantastic location, this one is hard to beat!
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1923
- Baths:
- 4.00
- MLS#:
- 2475739
View additional info
Courtesy: REVE, REALTORS
504-300-0700
ADDITIONAL INFORMATION
For multigenerational living, owner-occupancy with income, or flexible investment property, 1616-18 Burdette provides a spacious 3 bed/2 bath home PLUS 2 additional income-producing rental units bringing in $3000/month. Located 3 blocks from the St Charles streetcar line in the Carrollton-University area, it's strolling distance to the fun restaurants and shops of Oak St and Maple St, and to Tulane and Loyola Universities. Fully renovated in 2016 and beautifully maintained, this 4299 sq ft raised Craftsman triplex sits on a deep 30' x 150' lot with a delightful rear garden whose vistas can be fully enjoyed from the upstairs rear decks. Current owner's unit (1616) is 1923 sq ft, townhouse-style, with an airy front porch and rear deck, open living/dining/kitchen and primary bedroom and bath upstairs, and 2 beds/1 bath and laundry downstairs. Upstairs rental unit (1618-A) is 1062 sq ft with 2 bedrooms/1 bath. The large downstairs rental unit (1618-B) is 1314 sq ft with 3 bedrooms/1 bath, and private outdoor yard exclusively for that unit. Both rental units have their own indoor laundry. Located in an X flood zone on both 1984 and 2016 flood maps.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.06 Acres
- Year built:
- 1939
- Baths:
- 2.00
- MLS#:
- 2474566
View additional info
Courtesy: LALLA Real Estate, LLC
504-324-9515
ADDITIONAL INFORMATION
Located in Carrolton area!!! New Orleans Charm & Character. Steps from St Charles & Carrolton Streetcar & Universities. Each side has 2 Beds 1 Bath with wood floors Owner/Occupant Opportunity. Rental Income. Need 24 Hour notice to show
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1974
- Baths:
- 2.00
- MLS#:
- 2475374
View additional info
Courtesy: Anthony Posey Properties, Inc
504-595-8000
ADDITIONAL INFORMATION
LIVE IN UPPER UNIT & RENT GROUND FLOOR UNITS OR USE FOR GARAGE/STORAGE. PERFECT EVENT SPACE! Great location for: wedding venue (bridal party could occupy upper levels), arcade, gym, fitness facility, athletic facility, medspa, grocery, restaurant, bar, retail, shared office space, bring ideas! FOR SALE OR FOR LEASE; BUILD TO SUIT. SUBMIT LOI W/OFFER. Mixed use commercial residential combo. 8504 upper unit currently operates as STR w/permit in place. Lower level commercial space has completed PHASE I renovations (PERMIT POSTED). CHRESTIA, STAUB, BOARD designed lower level restaurant space. KEEP AS AN STR OR OWNER OCCUPY THIS MIXED USE COMMERCIAL/RESIDENTIAL SPACE. Corner of Oak & Joliet. Historic building in a historic area situated between Carrollton & the riverbend. ZONED HU MU. Walking distance to all the local restaurants, coffee shops, small businesses, hobby stores, galleries, and new condos that Oak St has to offer. STRUCTURAL REPAIRS HAVE BEEN MADE TO LOWER LEVEL. PLUMBING & ELECTRICAL UPDATED THROUGHOUT. HVAC UPDATED UPPER UNIT. NEW SURVEY AS OF 2023. Three addresses for this location. First floor could be TWO separate commercial spaces potentially allowing for more rental income. COMMERCIAL UNIT LOWER LEVEL COMPRISED OF 1891 sqft & 2376 sqft WHICH CAN BE USED AS ONE OR TWO SEPARATE UNITS. UPPER LEVEL COMPRISED OF 2535 sqft FOR A TOTAL OF 6802 sqft of rental space.
$1,450,000
6050 LAUREL Street New Orleans, LA 70118
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 2007
- Baths:
- 8.00
- MLS#:
- 2475060
View additional info
Courtesy: Upper Management Realty, LLC
504-895-1241
ADDITIONAL INFORMATION
6050 Laurel St offers three stunning, fully leased units and a rare chance to own stunning property in a PRIME area Uptown. Updates include new siding and roof (2024). Two renovated townhouse-style units, each featuring three bedrooms and an attached single garage; as well as a renovated first-floor unit boasts two bedrooms, two full baths. The property features a spacious, fenced yard on a large lot in a sought-after location. About the Area: The area surrounding 6050 Laurel St in New Orleans is rich in charm and culture. Just blocks away lies Audubon Park, an ideal spot for outdoor activities and home to the renowned Audubon Zoo. Nearby Magazine Street offers a vibrant mix of boutiques, cafes, and restaurants that capture the city's unique character. Architecture enthusiasts will appreciate St. Charles Avenue, known for its classic New Orleans mansions and as the route for Mardi Gras parades. The presence of Tulane and Loyola Universities brings educational and cultural events to the area, enhancing the neighborhood's vibrant atmosphere. With quick access to nightlife, music venues, and authentic Creole dining, this location is ideal for experiencing the essence of New Orleans.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1924
- Baths:
- 3.00
- MLS#:
- 2474953
View additional info
Courtesy: Keller Williams Realty New Orleans
504-862-0100
ADDITIONAL INFORMATION
Rare Tri-Plex Opportunity in Prime Black Pearl Location! Only 2 blocks from Audubon Park, between Coliseum and Chestnut Streets. Exceptional opportunity to own a rare Tri-Plex property just 2 blocks to Audubon Park and within easy reach of the Audubon Park and Zoo; offering unbeatable Uptown convenience! Situated on a spacious 30' x 120' lot. This charming property features two light-filled 1-bedroom, 1-bath units in the front, and a 2-bedroom, 1-bath unit in the back, each unit features original hardwood floors and many rich architectural details and character. This gem has been in the same family for over 50 years, with a NEW roof installed in January 2023, providing a strong foundation for any buyer looking to enhance or reconfigure the space. Imagine the possibilities: transform it into a larger owner’s unit, convert to a single-family residence, or retain the property in its current configuration, as three separate rental units. This versatile property in the Black Pearl Neighborhood is truly a one-of-a-kind find and an exceptional opportunity!! Located in the highly sought-after X Flood Zone, this property offers affordable flood insurance at just $924 annually. The property is well priced and is being sold As Is, and no repairs will be made by the seller. Seize this extraordinary Uptown opportunity—Tri-Plex properties like this rarely come to market!
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.14 Acres
- Year built:
- 1924
- Baths:
- 6.00
- MLS#:
- 2471825
View additional info
Courtesy: LATTER & BLUM (LATT09)
504-948-3011
ADDITIONAL INFORMATION
Trophy Uptown 4-Plex on St Charles Avenue just steps from Audubon Park and Tulane and Loyola universities. All units are spacious and feature central air and heat, hardwood floors, ample natural light and generously sized bedrooms and living areas. The building has off-street parking, on-site laundry and a metal roof. All utilities are separately metered. Current rents are below market.
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Year built:
- 1992
- Baths:
- 6.00
- MLS#:
- 2474068
View additional info
Courtesy: Bridgewater Realty Advisors, LLC
504-901-0463
ADDITIONAL INFORMATION
8816-26 Spruce Street is a 6-unit multifamily property located in the rapidly-growing Leonidas/Carrollton neighborhood, just blocks away from the Carrollton Avenue and S. Claiborne Avenue. The property is in excellent condition and has major upside potential in rents as the current owner favored maintaining relationships with long term tenants. Rents for 2 bed/1 bath units in this area in similar condition and size can obtain a rental amount of $1,100 per month conservatively. This would bring the potential rental income to $6,600 per month. There are two (2) buildings included in the overall property that each have their own individual tax parcel, a four-plex and a duplex. This allows for a buyer to obtain residential 1-4 investment financing which is favorable compared to commercial 5+ financing. All of the units are separately metered for water AND electricity. The tenants are responsible for all utilities, which brings down overall costs and greatly enhances the value of the asset.
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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 70118 has a population of 383,974. New Orleans 70118 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 70118 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 70118 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.