New Orleans LA Multi Family for Sale

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Type:
Apartment
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
28
Lot size:
0.32 Acres
Year built:
2017
Baths:
16.00
MLS#:
2475784

ADDITIONAL INFORMATION

This meticulously maintained 12-unit apartment complex, situated along Wilson Avenue, presents a compelling investment prospect. Boasting a strong occupancy rate of 91.66%, the property generates a robust monthly income of $11,501. Having undergone a comprehensive renovation in 2019, the complex was equipped with brand-new electrical, plumbing, roofing, and window systems. This ensures long-lasting durability and minimal maintenance requirements. Each unit is independently metered, providing convenience for both tenants and ownership. This turn-key investment opportunity is for any seasoned investors and newcomers alike, offering a stable income stream and significant potential for future growth.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
2013
Baths:
2.00
MLS#:
2472747

ADDITIONAL INFORMATION

This multifamily property features two units, each with a living room, kitchen, two bedrooms, one bathroom, and separate electrical meters. One unit is currently tenant-occupied. This income-producing duplex makes an excellent owner-occupied or investment property.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1960
Baths:
6.00
MLS#:
2472390

ADDITIONAL INFORMATION

Investor's Special fully occupied 6-plex of 1 bedroom/1 bath apartments. Fully rented with over $6217/month rent. Long term tenants.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1965
Baths:
3.00
MLS#:
2472433

ADDITIONAL INFORMATION

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1983
Baths:
2.00
MLS#:
2471969

ADDITIONAL INFORMATION

Located in a prime area of New Orleans, this Duplex is perfect for motivated investors. 1 unit is rented out and vacant side has been renovated and tenant ready. Property is in a X FLOOD ZONE...Please do not disturb tenants.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1982
Baths:
2.00
MLS#:
2470944

ADDITIONAL INFORMATION

Let's Turn Some Keys, Baby!!! This new year let's make you a homebuyer/investor. Your new double is a fully occupied income producing property. 2beds 1 bath on each side, no carpet, huge backyard, INCOME PRODUCING!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1970
Baths:
1.00
MLS#:
2470042

ADDITIONAL INFORMATION

Great double is available for you!!! Live on one side and rent the other side if you want to. Each side has 3 bedrooms and one bath. Seperate backyard, Washer and dryer hookups.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1974
Baths:
6.00
MLS#:
2469759

ADDITIONAL INFORMATION

Owner-occupant or investment opportunity! This property comprises two townhouse units, each with three bedrooms and 2.5 bathrooms. Both units have identical floor plans and come equipped with a range/oven, refrigerator, microwave, and dishwasher. The property also features easy-maintenance flooring throughout. Additionally, each unit includes indoor laundry, a private fenced backyard, and a one-car garage. Currently, the property is occupied by long-term tenants. The roof was replaced in 2021.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.14 Acres
Year built:
1981
Baths:
3.00
MLS#:
2469604
Subdivision:
Kenilworth

ADDITIONAL INFORMATION

Welcome to this inviting double ranch home, featuring two separate units with unique layouts. One unit offers 2 bedrooms and 1 bath, while the other boasts 3 bedrooms and 1 bath—great for a variety of living arrangements or investment opportunities. As you enter each unit, you’ll be greeted by stylish laminate floors. The updated kitchens in both units are equipped with modern appliances, sleek countertops, and ample storage space, making meal prep a delight. Each unit features cozy living areas ideal for relaxation and entertaining. The well-appointed bathrooms have been tastefully updated for your convenience. This charming double ranch home combines modern living with versatile options. Don’t miss your chance to explore this fantastic property!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.13 Acres
Year built:
1981
Baths:
3.00
MLS#:
2466740

ADDITIONAL INFORMATION

Welcome to 4801-03 Viola St., a hidden gem nestled in the sought-after Cordell Place Subdivision! This stunningly renovated multi-family income property is truly move-in ready and wonderfully situated on a corner lot, featuring convenient double driveways and inviting separate backyard spaces—great for relaxation or entertaining. Step inside to discover 4801, which boasts 2 spacious bedrooms and a well-appointed bathroom, while 4803 offers a generous 3 bedrooms and 2 bathrooms, suitable for families or tenants. Both units are enhanced by beautiful tile flooring throughout, adding a touch of elegance and ease of maintenance. Plus, each unit comes equipped with laundry facilities for added convenience. This property presents a fantastic opportunity for investors or homeowners alike to enjoy the potential for long-term value and income generation. Don't miss your chance to see this remarkable property and envision the endless possibilities it holds for you and future generations!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.19 Acres
Year built:
1985
Baths:
10.00
MLS#:
2467262

ADDITIONAL INFORMATION

INVESTOR OPPORTUNITY TO ADD TO YOUR PORTFOLIO OR FOR A NEW INVESTOR TO BEGIN INVESTMENT PORTFOLIO. THIS 4-PLEX IS OCCUPIED & PRODUCING INCOME !!!! CONSIST OF (2) 3 BR, 2.5BA & (2) 2BR / 2.5 BA OWNER RECEIVING ABOUT $5300 MONTHLY IN RENTS DON'T MISS THIS OPPORTUNITY !!!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.17 Acres
Year built:
1980
Baths:
9.00
MLS#:
2467263

ADDITIONAL INFORMATION

INVESTOR OPPORTUNITY TO ADD TO YOUR PORTFOLIO OR FOR A NEW INVESTOR TO BEGIN INVESTMENT PORTFOLIO. THIS 4-PLEX IS OCCUPIED & PRODUCING INCOME !!!! CONSIST OF (1)3BR,2B, (1) 2BR/1BA, (2) 2BR/1.5 BA) 4 COVERED PARKING SPACES IN REAR ON BLDG OWNER RECEIVING ABOUT $4400 MONTHLY IN RENTS

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1967
Baths:
8.00
MLS#:
2467937

ADDITIONAL INFORMATION

This AMAZING fourplex in great east area- a New Orleans GEM. Comprising four spacious units, Totaling 9 bedrooms and 5 full bathrooms and 3 half bathrooms. This property offers tenants comfortable and roomy living spaces. Beyond its inviting interiors, this home has additional features that make it a standout investment; the lively front porch and backyard provide perfect spots for hosting gatherings and unwinding outdoors. At FULL OCCUPANCY, this fourplex collects $3800 monthly rent but can collect more from all four units with the thriving area. Updated a/c units, no carpet, and off street parking This consistent stream of rental income ensures a great investment with great potential. Whether you're a seasoned investor or a first-time buyer seeking a smart real estate venture, this fourplex ticks all the boxes for a successful and profitable investment. This property is not missed with its prime location and substantial rental income. Don't let this investment opportunity slip through your fingers. REACH OUT TODAY to schedule a viewing or to learn more!! It's an investment that promises both financial security and growth potential. X FLOOD ZONE!

Type:
Townhouse
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
2004
Baths:
6.00
MLS#:
2462471

ADDITIONAL INFORMATION

NICE DOUBLE, ONE SIDE RENTED, 4908 VACANT FOR VIEWING, BOTH UNITS ARE IDENTICAL, EACH SIDE HAS LIVING, DINING, KITCHEN & HALF BATH WITH LAUNDRY ROOM, UPSTAIRS ARE THE 2 BEDROOMS AND 2 FULL BATHS, PLENTY CLOSET AND STORAGE SPACE. CERAMIC TILE DOWNSTAIRS AND CARPET UPSTAIRS. FANS IN ALL ROOMS, DISHWASHER AND STOVE WILL STAY, EACH UNIT HAS SEPARATE ELECTRIC & WATER METERS, VINYL SIDING, ALARMS SYSTEM BOTH SIDES, EACH SIDE HAS OFF STREET PARKING, OWNER IS A LICENSED REAL ESTATE AGENT, NO SIGN ON PROPERTY,

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1987
Baths:
3.00
MLS#:
2466340

ADDITIONAL INFORMATION

Recently updated on one side this brick double will allow you to live on one side and rent the other. One unit has a lomg term tenant and one side is vacant. Renovations on the units next door to begin shortly. This lovely home is in close proximity to all of the typical amenities, such as schools, shopping, recreation, medical care and places of worship. Don't miss out as these rental producers don't last long.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.43 Acres
Year built:
1954
Baths:
4.00
MLS#:
2461001

ADDITIONAL INFORMATION

Quiet & Private Boarding House with Versatile Potential Discover a unique opportunity with this 12-bedroom boarding house, offering a serene and private environment. This property features: 12 bedrooms in two residence halls, one on each level Two kitchens (one large, one small) Several common areas for relaxation & activities; A charming Screen room, and 2 large Multi-Activity Rooms, for dining, assembly, living, game room, classroom/office, etc An enclosed yard (garden) Ample parking on a large lot All rooms are typically occupied, generating a steady income. This property is well suited for those looking to: Continue the current boarding house operation, Improve/update the facilities for new uses such as a Bed & Breakfast, Home Care Facility, Assisted Living, Day Care, Place of Worship, and/or many other possibilities. The property is Zoned S-RD, offering flexibility for various potential uses. Room measurements only estimations. 1 or 2 rooms likely available for Showing Time viewings (July/Aug 2024).

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.2 Acres
Year built:
1978
Baths:
8.00
MLS#:
2460412

ADDITIONAL INFORMATION

A great opportunity to obtain an investment property that is already producing income is here!! All four units are currently rented and there is room for growth. This is fully brick property & all units have separate AC central air & heating units as well as their own independent water meters.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1969
Baths:
2.00
MLS#:
2457491

ADDITIONAL INFORMATION

Calling all Investors!!! 4 Bed, 2 Baths gutted Double located in New Orleans East. Roof is only 2 years old. Interior is gutted to the studs. Property is ready for your next investment, or live in one side, rent the other! Call us today for more info!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1964
Baths:
4.00
MLS#:
2454575

ADDITIONAL INFORMATION

Welcome to a promising investment opportunity in Pine Village, New Orleans East. This double features two spacious residences, each boasting three bedrooms and two bathrooms, great for homeowners or investors seeking to capitalize on the vibrant local market. Awaiting a comprehensive renovation, this property offers a prime canvas for transformation and enhancement. The seller's inclusion of most renovation materials with the sale provides a substantial advantage, ensuring a cost-effective and efficient renovation process. Located in the peaceful Pine Village neighborhood, renowned for its community atmosphere and convenient access to local amenities, this property is perfectly positioned for future residents or tenants seeking a blend of suburban tranquility and urban convenience. Whether you envision crafting your dream home or maximizing rental potential in a burgeoning rental market, this double unit in Pine Village presents a rare opportunity to invest in a sought-after area of East New Orleans. Embrace the potential and reimagine this property into a lucrative asset tailored to your vision and goals.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.14 Acres
Year built:
1979
Baths:
2.00
MLS#:
2450503

ADDITIONAL INFORMATION

Beautifully Renovated, All Brick, INCOME PRODUCING Double. Rent Free Living or INVESTMENT. Granite Counters, Wood Flooring.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1960
Baths:
5.00
MLS#:
2449747

ADDITIONAL INFORMATION

Section 8 would pay up to $4,486 for all three units! Welcome to 5946-48 Babylon, featuring a spacious 3-bedroom, 2-bathroom duplex in the front, complemented by a mother-in-law suite nestled in the backyard. This unique property offers a savvy opportunity to live rent-free by renting out one unit while you enjoy the other. The property boasts ample space, natural light, and a versatile layout to suit various lifestyles. A rare find that seamlessly blends comfortable living with investment opportunity!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Year built:
2022
Baths:
12.00
MLS#:
2447250

ADDITIONAL INFORMATION

Fully renovated 4 plex, fully occupied with large 3 bedroom units producing over $5,100 per month in income. This is part of a package deal with two additional fourplexes located next door at 7710 N Coronet and 7750 N Coronet, must be purchased together. Reach out to listing agents for more information on full package. Seller financing is available - reach out for terms. Don't miss this opportunity to own a turn-key, cash flowing portfolio in the New Orleans area.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.24 Acres
Year built:
1949
Baths:
3.00
MLS#:
2435775

ADDITIONAL INFORMATION

Beautiful multi-family cottage on an oversized lot measuring 75 X 140, conveniently located off Chef Hwy. This property features a large eat-in kitchen with nice oak cabinets in both units; washer and dryer hook ups located in the bath areas; the majority of appliances will be included in the sale. Independent bedrooms in one of the units; large storage shed on both sides and more than enough off street parking to accommodate many autos. Don't let this little gem get away!

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
36
Year built:
1974
Baths:
36.00
MLS#:
2430142

ADDITIONAL INFORMATION

5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,007 per month in gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. FULLY OCCUPIED. Fully renovated 12-unit apartment complex at 7710-60 North Coronet Court in New Orleans, LA, offers a lucrative opportunity with a potential monthly rent of $16,007, ensuring a robust and immediate cashflow. The current monthly income of $16,007 supasses the 1% rule. The property contains three (3) fully renovated, 2-story buildings that each contain four (4) units. Each unit is approximately 1,263 sf and contains 3 bedrooms and 2.5 bathrooms. There are few properties in the New Orleans East market that offer fully renovated 3 bedroom 2.5 bathroom apartments, making this a highly sought after destination for tenants. Overall, thisis a solid investment opportunity with high inplace cash flow and a great addition to a multifamily portfolio.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1961
Baths:
4.00
MLS#:
2429807

ADDITIONAL INFORMATION

Let's Turn Some Keys, Baby..... Income Producer, Portfolio Maker, Invest Opportunity, First Time Homebuyer......Your double features hardwood floors, appliances, and a tenant. Did I also tell you this is an INCOME PRODUCING HOME...

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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 70126 has a population of 383,974. New Orleans 70126 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 70126 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 70126 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

    179
    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
Akili Academy of New Orleans KG - 07 487 14.8 70122
Audubon Charter School PK - 08 798 13.6 70122
Gentilly Terrace Elementary School PK - 08 485 21.1 70122
Mary D. Coghill Charter School PK - 08 637 16.3 70126
McDonogh 42 Charter School PK - 08 452 11.4 70126
Mildred Osborne Charter School PK - 07 423 16.3 70126
Renew Dolores T. Aaron Elementary PK - 08 791 17.2 70127
Renewschaumburg Elementary PK - 08 837 14.5 70126
Robert Russa Moton Charter School PK - 07 397 20.6 70122
Success Preparatory Academy KG - 08 506 12 70122

Middle Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
G.W. Carver High School 11 - 12 169 7.2 70126

High Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
Benjamin Franklin High School 09 - 12 894 17.7 70122
Crescent Leadership Academy 07 - 12 162 12.5 70126
Lake Area New Tech Early College High School 09 - 12 698 18.4 70122
Sci Academy 09 - 12 460 13.5 70127

Ungraded Schools near New Orleans, LA

School Grades Students P/T Ratio ZIP
G. W. Carver Collegiate Academy 09 - 11 305 14.3 70127
G. W. Carver Preparatory Academy 09 - 11 287 12.9 70126
Miller-McCoy Academy for Mathematics and Business 05 - 12 365 14.8 70126
Youth Study Center 03 - 11 28 3.9 70122

Demographics near New Orleans, LA 70126

Metric Zip Code City
Neighborhood Type Suburban
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