New Orleans LA Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.07 Acres
Year built:
1940
Baths:
2.00
MLS#:
2473034

ADDITIONAL INFORMATION

Incredible Investment Opportunity in a Historic New Orleans Neighborhood! This shotgun double, located just steps from the Fair Grounds and the famous Jazz Festival, offers significant improvements and modern amenities. The partially renovated duplex combines historic charm with contemporary upgrades in the owner’s unit. Enjoy the comfort of long-term tenants who provide a steady monthly income, making this property both a perfect investment and a delightful home. Experience the best of both worlds—comfort and convenience—in a prime location. Don’t miss out on this fantastic investment opportunity! Improvement list in the attachments. MOTIVATED SELLER!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1892
Baths:
2.00
MLS#:
2473367

ADDITIONAL INFORMATION

This two-story double presents an ideal renovation opportunity in Mid-City a mere 1.5 blocks from the Canal streetcar line & Endymion parade route. The property consists of two 3 bed, 1 bath units. The units offer nice historic details including attractive millwork, original wood floors, solid wood doors w/transoms, & original mantels. The units feature double-parlor style living & dining rooms w/pocket doors & eat-in kitchens. All bedrooms are independent. The sizable backyard has plentiful greenspace & a large tin storage shed. Great potential! The property could remain a double or become a grand single-family home. Driveways on each side. Eligible for historic tax credits.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.08 Acres
Year built:
1920
Baths:
4.00
MLS#:
2473185

ADDITIONAL INFORMATION

RAISED BASEMENT DUPLEX IN THE HEART OF MID CITY. OWNER WILLING TO CONSIDER BOND FOR DEED! WALKING DISTANCE TO RESTAURANTS, COFFEE SHOPS, GROCERIES, STREETCAR, ETC. 3-4 BEDROOMS ON EACH SIDE. 3520 HAS 2 FULL BATH(ONE IS A DOUBLE WALK IN SHOWER)/3522 1.5. FLOORPLANS ON ATTACHMENTS. AFTER KATRINA ELECTRICAL AND PLUMBING UPDATED. ROOF AFTER IDA. IN THE MID CITY SECURITY DISTRICT. AMAZING NOLA PORCH FOR ENTERTAINING OR THE MORNING COFFEE/EVENING NIGHTCAP. BEAUTIFUL STRETCH OF BANKS ST WITH GORGEOUS LIVE OAKS LINING THE BOULEVARD! BOTH UNITS HAVE A GARAGE AND DRIVEWAY. LOTS OF SQUARE FOOTAGE TO HOUSE AN OWNER OCCUPANT ON ONE SIDE AND RENT THE OTHER. REAR DECK FOR RELAXING IN REAR OR FOR BBQing. STEPS TO ENDYMION PARADE ROUTE JESUIT, AND ALL THE THINGS WHICH MAKE MID CITY SO SPECIAL! UNITS ARE MIRROR IMAGES OF EACH OTHER FLOORPLAN WISE.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1919
Baths:
3.00
MLS#:
2471349

ADDITIONAL INFORMATION

Income-producing, legal non-conforming Victorian-style shotgun triplex is located in the historic Seventh Ward, within the vibrant Esplanade Ridge/Treme neighborhood, just steps from the Fairgrounds, Bayou St. John, City Park, Lafitte Greenway, Whole Foods, and a variety of restaurants and shops, with easy access to the French Quarter, Marigny, Mid-City, and I-10. This side-by-side double includes a total of 4 bedrooms and 3 bathrooms. One unit (2522 Laharpe) features a classic shotgun floor plan with 2 bedrooms/ 1 bathroom, a living room, a dining room, and a dedicated office space perfect for remote work. The other side is divided into two units, (2520 and 2520A) each with 1 bedroom/ 1 bathroom. Current leases include 2520A (back unit) at $1,300 per month through 01/31/2025 and 2522 at $1,450 monthly through 07/31/2025. All three units feature high ceilings, hardwood floors, original mantels, granite countertops in the kitchen, large rooms, wide baseboards, ceiling fans, and window units. A spacious fenced backyard with a shed provides additional storage. Located in Flood Zone X, the property also includes a new roof (2019), separate electrical meters and two water meters, making it a flexible/desirable option for investors or owner-occupants.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1920
Baths:
2.00
MLS#:
2472593

ADDITIONAL INFORMATION

This Mid-City shotgun double offers a spacious layout with two bedrooms and one full bath on each side. It features central AC & heat, high ceilings, and ceiling fans. The property boasts a new fortified roof installed in 2024, along with new kitchen cabinets, quartz countertops, and appliances for both units. Additionally, there are washer/dryer hookups on each side and a shared backyard. It's conveniently located within walking distance of Whole Foods, Lafitte Greenway, and Bayou St. John.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
4.00
MLS#:
2472444
Subdivision:
Inner City 7th

ADDITIONAL INFORMATION

Investor's Special 100% occupied 4-plex of efficiency apartments. Fully rented at over $3600/month. Long term tenants. Owner is liquidating portfolio of 4 and 6-plex housing units.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.16 Acres
Year built:
2018
Baths:
3.00
MLS#:
2474687

ADDITIONAL INFORMATION

Modern and magical in the Fairgrounds! Welcome to this incredible home that offers way more than what meets the eye! Built in 2018, 122 Winthrop is a metal home with a metal roof and built on pilings. What makes this even cooler is that it is energy efficient, and your homeowner's insurance is VERY low! It is quoted at $3250/year! Whether you need a work-from-home space or an accessory unit, the downstairs unit offers many possibilities. It is fully ADA-compliant and has its own entrance and gated parking. If you want to use that space for yourself, there is an entrance through the garage, so you never have to go outside to access it. For the main living space, you will find a gorgeous open-concept living/dining and kitchen space. This stunning kitchen has TONS of storage, quartz countertops, and stainless steel appliances. The primary suite has a massive walk-in closet with custom shelving and a beautiful en-suite bathroom. Let's talk about the extras! The 2-car garage is conditioned & offers more storage space. It could even hold your boat. If you're using the garage for your cars, rear yard access has a security gate and plenty of room for boat or RV parking! The yard is easy to maintain and has a separate yard space as a dog run! The house includes a 22kw whole home generator. There are two sheds for all your extra stuff, too - one has plumbing and wiring. This home shows you that you can truly have it all in New Orleans! Energy efficiency, security, updates, lower insurance, and a desirable location - check out this one today! All on one meter for both units.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.09 Acres
Year built:
1947
Baths:
4.00
MLS#:
2472388

ADDITIONAL INFORMATION

Great investment opportunity to own a quad -plex in New Orleans. All units are rented and this area is located in the Historic 7th ward. All units are 1 bedroom and 1 bath with off-street parking for at least 2 vehicles.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1930
Baths:
4.00
MLS#:
2471607

ADDITIONAL INFORMATION

Exceptional Investment Opportunity: Prime Fourplex in Sought-After Location! This well-maintained fourplex offers an outstanding income-generating opportunity for savvy investors or owner-occupiers seeking additional rental revenue. Situated in a desirable neighborhood, each unit in this property features 2 bedrooms and 1 bath, providing spacious living areas with modern amenities and comfort. Freshly painted ensuring low maintenance and high appeal for prospective tenants. The property boasts ample parking, separate utilities for each unit, and each has its own laundry facility for added convenience. With long-term tenants in place and potential for rental increases, this fourplex provides stable cash flow and value appreciation. The location is a key highlight, with proximity to shopping centers, public transit, schools, and major freeways, making it highly attractive to renters.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
16
Lot size:
0.24 Acres
Year built:
1970
Baths:
8.00
MLS#:
2471839
Subdivision:
Tamaron Estates

ADDITIONAL INFORMATION

Large Brick 2-story 8 plex by N. Broad & Esplanade Avenue. Each unit is 2 Bedroom/ 1 Bath, approx 1080 Sq. Ft unit. TENANT PAYS ALL UTILITIES (Water & Electricity. There is no gas service.) This property would make an excellent candidate to trade into using a 1031 Exchange. Each apartment has central air and heat as well as a stove, refrigerator, dishwasher, and washer and dryer.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1971
Baths:
2.00
MLS#:
2472019

ADDITIONAL INFORMATION

Motivated Seller! Don’t miss this rare chance to acquire a high-income producing property! With a motivated seller eager to make a deal, this is a prime opportunity for any investor, whether you're seasoned or just entering the market. This property is perfectly positioned to generate significant returns, and with Airbnb permitted, you have the flexibility to capitalize on both short-term and long-term rental options, maximizing your income potential.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.1 Acres
Year built:
1930
Baths:
2.00
MLS#:
2471650

ADDITIONAL INFORMATION

This raised Victorian house was used as a double previously and is ready for your imagination. Seller will make no repairs. Seller would prefer to sell as a package with other listings MLS#s: 471662, 2471663, 2471673, 2471680.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.14 Acres
Year built:
1920
Baths:
4.00
MLS#:
2471337

ADDITIONAL INFORMATION

Discover this rare gem: a stunning 4-plex in the vibrant Mid-City City Park neighborhood! Just steps away from the breathtaking City Park and the serene Bayou St. John, this property offers the perfect blend of location and income potential. Each unit boasts 2 spacious bedrooms and 1 bath, making them ideal for renters seeking comfort and convenience. With similar units leasing for $1,500 in this sought-after area, you can easily generate at least $6,000 in monthly income! The property features a charming courtyard, complete with storage units, creating a welcoming atmosphere for residents. With just a bit of TLC, this property can truly shine and become a standout investment. Don’t let this incredible opportunity slip away! Seize the chance to own a piece of Mid-City paradise today!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1922
Baths:
4.00
MLS#:
2470448

ADDITIONAL INFORMATION

Centrally located 4-unit turnkey multi-family property in a prime area! Units are fully updated, offering modern amenities and strong rental income potential. Two separate buildings on an oversized lot this property features a spacious backyard. Potential for investors seeking a low-maintenance, income-generating opportunity in a highly desirable location. Don’t miss this rare find! Priced to sell!

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.18 Acres
Year built:
1963
Baths:
10.00
MLS#:
2469994

ADDITIONAL INFORMATION

Surrounded by restaurants and shopping, one block from the Mid-City Center and two minutes from City Park and Bayou St John, this 10 UNIT complex is one block from the streetcar and a few from the Endymion parade route! Each unit has 1 bed/1 bath, many of which have been updated. A plethora of parking, a TWO YEAR OLD ROOF and location in a low-risk X flood zone are just some of the amenities. Come see this wonderful investment today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
2024
Baths:
4.00
MLS#:
2470226

ADDITIONAL INFORMATION

This spacious BRAND NEW CONSTRUCTION, 2-story duplex features two units...one downstairs with 2 Bedrooms 2 Baths...one upstairs with 2 bedrooms and 2 baths. The second floor also has a completely finished ADU unit that consists of one bedroom, one bath and a full kitchen!! Each unit features an AMAZING open floor plan...Kitchens have quartz countertops and custom cabinets...EN SUITE primary with a walk-in closet and QUARTZ countertops...high ceilings and BEAUTIFUL water-resistant vinyl wood floors throughout. New stainless steel kitchen appliances and in-unit laundry. Take advantage of this FABULOUS OPPORTUNITY to own a GORGEOUS, income-producing property. *Home Qualifies for a 0% down loan product*

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.08 Acres
Year built:
1925
Baths:
2.00
MLS#:
2469913

ADDITIONAL INFORMATION

Welcome to this charming Victorian double in the heart of Mid-City New Orleans! This property features two spacious bedrooms and two bathrooms in each unit. You'll love the stunning wood floors that flow throughout, showcasing the home's original moldings and architectural details. With its warm ambiance and character, this residence captures the essence of New Orleans living. Enjoy the vibrant neighborhood, complete with nearby parks, restaurants, and local shops. Don't miss the chance to own a piece of this unique charm!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
2024
Baths:
6.00
MLS#:
2469818

ADDITIONAL INFORMATION

Looking for a GREAT INVESTMENT OPPORTUNITY, or a place to call home while generating income to offset your mortgage? This NEWLY constructed duplex in New Orleans’ Mid-City neighborhood is ideal for the buyer seeking a convenient commute with easy access to downtown NOLA, City Park, the Fairgrounds (think Jazz Fest), Lafitte Greenway, numerous restaurants and only 5 blocks to the Canal Streetcar line! Each unit in this new duplex provides a modern and stylish living space with 3 bedrooms/3 baths, in-unit washer/dryer hookups, a spacious and open kitchen/living floor plan, and features LVP flooring, quartz countertops, and SS appliances. X Flood Zone, and all new everything that will help keep insurance rates lower!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1948
Baths:
4.00
MLS#:
2469776

ADDITIONAL INFORMATION

SUPERB MID-CITY LOCATION!! ONLY 3 Blocks off Esplanade Ave & 4 Blocks from N. Broad. Excellent Esplanade Ridge Neighborhood. This property has just undergone a full restoration and is in PRISTINE MOVE IN READY CONDITION! Features a DETACHED 2 CAR GARAGE & 2 Separate UNITS. Large Owner’s unit featuring: Spacious OPEN FLOOR PLAN with HUGE Den, Formal Dining area, Chef’s Kitchen, Large Interior Laundry Center, 4 Separate Bedrooms & 3 FULL Baths. Classic New Orleans Finishes & Timeless style & design. Beautifully light filled interiors. CORNER LOT !!! Separate Rental unit featuring: Spacious OPEN FLOOR PLAN with HUGE Den, Separate Dining area, Chef’s Kitchen, Large Interior Laundry Center, 2 Separate Bedrooms & 1 FULL Bath. This property is an IDEAL “Owner Occupied” property with a beautifully updated rental unit right next door. Light filled interiors, refinished antique hardwood floors throughout, NEW electrical, NEW Plumbing, NEW Roof, NEWLY Painted & Inside & Out & NEW HVAC on BOTH Sides. This property is a tremendous opportunity!!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.09 Acres
Year built:
1930
Baths:
4.00
MLS#:
2470255

ADDITIONAL INFORMATION

This fully occupied 4-plex offers an exceptional investment opportunity in the heart of New Orleans. Nestled in Mid-City by the iconic City Park and within walking distance of the Endymion parade route, this property enjoys a prime location with easy access to everything the city has to offer. Key Features: 15 min or less bike ride to City Park: Enjoy the beauty of nature and recreational activities year-round. Endymion Parade Proximity: Experience the excitement of Mardi Gras firsthand. Abundant Amenities: Find grocery stores, restaurants, and cafes just a short stroll away. High Occupancy: This property is fully rented and in high demand. Flexible Leases: No current leases means easy turnover and customization. Well-Maintained Units: Tenants appreciate the functionality and upkeep of their homes. Convenient Location: Zip in or out from the interstate and just a streetcar ride away from the bustling downtown CBD. Outdoor Living: Each unit features a private porch or balcony for enjoying the New Orleans weather. Shared Spaces: A common backyard and individual storage sheds provide additional amenities. Cash-Flowing Investment: This property offers a steady income stream. Don't miss out on this incredible investment opportunity! Schedule a private tour today to see this property firsthand.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1919
Baths:
4.00
MLS#:
2469884

ADDITIONAL INFORMATION

Great opportunity to own an income producing 4-plex in Mid-City! This multi-family home is conveniently located within walking distance to the Lafite Greenway bike path, Bayou St. John, several restaurants and nightlife. All units have in-unit washer and dryer hookups, a covered patio and the home has off-street parking for a total of 4 cars. All units are currently leased for a total income of $4,650/month!!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.22 Acres
Year built:
1920
Baths:
4.00
MLS#:
2469435

ADDITIONAL INFORMATION

Welcome to this perfectly situated three-plex in a highly sought-after location! Each unit has a proven rental history, previously commanding $1,500 per month, making this property a fantastic investment opportunity. Set on a generous double lot 60x159, this property offers endless possibilities for expansion or enhancement. The charming front lower units feature a desirable shotgun layout, showcasing original heart pine flooring, along with one spacious bedroom and one bathroom in each unit. The upper back unit, a post-Katrina build, boasts an impressive two-story design with vaulted ceilings and an inviting open concept layout with two bedrooms and two baths. It also includes a private deck, perfect for enjoying your morning coffee or evening sunsets. With driveway parking accommodating multiple vehicles and a storage shed in the backyard, this property truly has it all. While it does require some foundation work (a detailed quote is available) and cosmetic updates, it is priced accordingly to reflect the potential it holds. This home is currently vacant and ready for your vision. Don’t miss the chance to transform this fixer-upper in such a stunning location—schedule your visit today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.09 Acres
Year built:
1922
Baths:
4.00
MLS#:
2469461

ADDITIONAL INFORMATION

Elegant Victorian home located on the Canal Streetcar line, with easy access to City Park and the Lafitte Greenway. This 4-bedroom, 4-bath property features tall ceilings, beautiful wood floors, original fireplace tiles, scalloped roof siding, and interior transom windows throughout, highlighting its timeless Victorian architecture. The property showcases as two separate living units, with the added bonus of a garage converted into a living space. Enjoy outdoor relaxation with a large covered porch that overlooks the private front courtyard, as well as an upstairs balcony to watch the streetcar go by. Providing off-street gated parking for convenience and peace of mind.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1970
Baths:
2.00
MLS#:
2469000

ADDITIONAL INFORMATION

Cute Mid-City double located between Canal Street & Banks Street. Three blocks away from the Canal Street Streetcar line. Not far from Bayou St. John. Each unit has 1 bedroom and 1 bathroom, and each unit has a washer and dryer in the rear shed off the back porch. Nice front porch and small, separate back yards. Roof is approximately three years old. There are two electric meters, 1 gas meter, and 1 water meter.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.23 Acres
Year built:
1848
Baths:
3.00
MLS#:
2469257

ADDITIONAL INFORMATION

Bring your imagination to this unique historic gem in the heart of Treme, offering multiple options as either a spacious single-family home or a multifamily residence with one or two separate apartments. Property includes six beds and three baths, and is currently an excellent source of rental income. Originally built in 1848, the "Marionneaux de Maitre" is set on a generous double lot, and boasts a new roof, new plumbing (PEX), new water heaters, some new windows, and a fenced yard—perfect for outdoor activities or future expansion. Lot includes paved parking for up to eight vehicles. This property is ideal for anyone looking for a prime investment opportunity in a historic neighborhood! Flood zone X.

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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 70119 has a population of 383,974. New Orleans 70119 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 70119 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 70119 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

    321
    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
Esperanza Charter School KG - 08 453 12.1 70119
Homer A. Plessy Community School PK - 03 181 15.3 70116
John Dibert Community School PK - 08 624 14.9 70119
Joseph A. Craig Charter School PK - 08 424 18.4 70116
KIPP McDonogh 15 School for the Creative Arts KG - 08 918 14.8 70116
Lagniappe Academy of New Orleans KG - 04 180 14.1 70112
Langston Hughes Charter Academy PK - 08 842 17.7 70119
McDonogh #28 City Park Academy KG - 08 448 16 70119
Morris Jeff Community School PK - 06 517 18.5 70119
Nelson Elementary School PK - 08 519 19.2 70119

Middle Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
A.P. Tureaud Elementary School PK - 06 246 18.5 70112
McDonogh #35 Academy 07 - 08 186 14.3 70116

High Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
Joseph S. Clark Preparatory High School 09 - 12 427 14.5 70116
McDonogh #35 College Preparatory School 09 - 12 853 18 70116
Renew Accelerated High School City Park Campus 06 - 12 178 19.8 70119
Warren Easton Senior High School 09 - 12 990 17.9 70119

Ungraded Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
John McDonogh High School UG - UG 0 70119

Demographics near New Orleans, LA 70119

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