Thank you for viewing, please read the entire public remarks and enjoy pictures of other portfolio properties! This show stopping 2,812 sqft. Victorian style home built in 1950, is located in the Broadmoor historical district of New Orleans. The upstairs unit contains 3 bedrooms and 1 full bath and the downstairs unit contains 3 bedrooms and 2 bathrooms. Major renovations started with raising the foundation by at least 4" to meet code, followed by replacing plumbing and drainage pipes to the downstairs apartment, adding a new roof, replacing windows, siding, securing the load bearing beams, painting, new HVAC system, electrical rewiring and remodel of landscaping front and back. The interior of both apartments have been completely renovated with beautiful finishes. and work was completed in 2021. Both units feature indoor washers and dryers, central air and heat, ensuring year-round comfort, private driveways, and a very spacious back yard. This profitable rental portfolio in New Orleans includes 2 doubles, 1 single-family home, 1 four-plex, and 3 fully furnished single-family corporate rental properties, collectively generating a minimum annual income of $259,000. Nestled in a city renowned for its jazz music, vibrant festivals, creole cuisine, and rich culture, these properties offer immense potential. 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,but are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence.
Thank you for viewing! Pictures of other properties are also shown in this listing. Please read entire public remarks..Income producing 4 plex off Hayne Blvd, fully occupied, and recently renovated. All units consists of 2 bedrooms 1 bath and are all flats. Two units down and 2 units upstairs. When building was renovated, all major components were replaced. New privacy fence and security system installed. Storage unit and covered parking comes with each unit. Carpeted bedrooms, tile living area. cathedral ceiling in living room. Unit living area is approximate and not guaranteed. Washer/dryer hookups inside unit. No smoking, no pets. Tenants pay all utilities. Convenient location in New Orleans East off Hayne Blvd. All 4 floorplans are identical, mirror images. Here's your opportunity to obtain a profitable investment portfolio. Portfolio includes 3 fully furnished single family vacation/corporate rentals, 2 doubles, and a single family residence. 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.
Property was acquired through tax sale with the current owner being a tax sale attorney. The building is in poor condition. Measurements were taken from a prior sale. 4 meter pans, Property may have originally been a duplex. Large corner lot with rear yard access. Great location
Great opportunity for investors to rent units or short term rentals. This double was completely renovated in 2024. Ready for owner occupant or tenants! The open floor plan offers high ceilings, quartz counter tops, stainless appliances and luxury vinyl plank flooring. Upper unit has a balcony in the front and rear. Each unit has lots of storage and laundry area for full size washers and dryers. Floorplan consists of a 3 bedroom unit downstairs and a 4 bedroom unit upstairs. Each unit has separate Entergy meters. This property can provide great rental income for an investor or for an owner wanting to live in one unit and rent the other. Convenient to parks, restaurants, entertainment and downtown. Agent/owner.
CHIC GENTILLY DUPLEX with Curb Appeal and Natural Lighting! Easy conversion to single for future- UNIT 1 - features 3-bedroom 3 bathrooms, Living Room/Dining, contemporary kitchen cabinets w Island, stainless steel appliances and wine cooler. There is also bedroom/bath on the 1st floor. 2nd floor has a quaint Den/ Master Bed/Bath / 3rd bedroom UNIT 2- features spacious 20x12 living area with natural lighting, 2 master beds/baths, full kitchen/ cozy dining room. The custom accent walls and features throughout set this custom duplex apart, giving the owner an edge with maximum rental potential/appeal. Off street parking, cozy front and rear yard. Roof design will help lower insurance costs - Ask agent about preferred lender with rates possibly under 6% and 2k in lender credits
Come see this amazing property! The upstairs units have high ceilings, hardwood floors, original wood trim, and lots of charming features. The downstairs is currently unfinished, but city zoning allows those basement units to be completed as individual, separate apartments, with one retained for affordable housing (ask for details). Each upstairs unit has separate meters, excellent for an investor or owner occupant. Roof is just 2 years old. Preferred flood zone X! Be sure to check out the video walkthrough, and come see this beautiful property today!
Welcome to this colorful, income-producing gem in one of New Orleans' most beloved neighborhoods! This eye-catching double offers an incredible opportunity for both investors and homebuyers seeking to immerse themselves in the lively culture of the Crescent City. Each unit boasts spacious living areas including double parlor, large kitchen and breakfast areas with high ceilings, classic architectural details, and large windows that flood the rooms with natural light. Enjoy the comfort of well-designed floor plans that offer both functionality and style coupled with a unique, vibrant color palette that reflects the spirited charm of New Orleans creating an inviting atmosphere that sets the tone for the rich experiences of city living. With separate meters and utilities, this property is set up for generating rental income or accommodating extended family. The current rental demand in the area ensures a steady flow of income, making this an excellent investment opportunity. Relax in your own private backyard or enjoy the nearby parks and green spaces that offer a slice of tranquility amidst the urban buzz. Situated in a vibrant neighborhood known for its historic charm, lively festivals, and eclectic dining options, you'll be right in the midst of all that makes New Orleans so special. Explore the local culture, cuisine, and music scene just steps from your door. Whether you're looking to invest or simply want to call New Orleans home while generating rental income, this colorful double is a must-see. Don’t miss your chance to own a piece of this dynamic city!
Calling all investors!!! Historic multi-family double with spacious bedrooms and extra lot for off street parking, build another property or storage space(RV). Both units were renovated in 2019 and are occupied. Quick access to Claiborne, Earhart, I-10, downtown and Magazine. Please contact agent for showing availability.
GREAT INVESTMENT OPPURTUNITY WITH THIS PARTIALLY GUTTED PROPERTY. HISTORY OF FIRE February 2023 PROPERTY ON 2 LOTS, WITH 2 ELECTRICALL METERS AND ONE WATER METER.
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 !!!
Perfect opportunity to purchase this Income producing shotgun double in the Upper 9th Ward, Each side has 2 beds and 1 bath, Large kitchen and yard space, covered porch, separate meters, off street parking for both sides, X Flood Zone,
Own a piece of the action in this income-generating double half a block off Freret St, just a few minutes walk or bike ride to Tulane and Loyola Universities! The spacious layout upstairs with high ceilings, tons of natural light, 5 large bedrooms, and 2 full baths. Two kitchens provide flexibility, while a front porch and rear balcony create inviting outdoor spaces. Dual HVAC units ensure constant comfort. Upstairs and Downstairs are both currently on lucrative 6-month leases, $3,250 per month. The downstairs unit was previously operating as a short-term rental unit pulling in strong revenue. From Aug. 2021 - Jul. 2022 - $59k, Aug. 2022 - Jul. 2023 - $60+k, Aug. 2023 - Mar. 2024 - $37k on track for $60+K. This unit has 5 large bedrooms, a gorgeous kitchen, 2 beautiful bathrooms, and a comfortable living area, all cooled by efficient mini-split HVAC systems. Washer and dryer in each unit. Commercially zoned (HU-MU) duplex with STR permit! Don't miss this rare opportunity to own a double with endless possibilities! Schedule your showing today and unlock your investment potential!
Priced under the current appraised value for the savvy buyer!! Welcome to the historic "Widow Castenada's House" boasting a massive corner lot with 4 separate units. This historic mansion was moved by the city of New Orleans around 1890 to make way for the extension of the prestigious Esplanade Avenue connecting the Mississippi River to Bayou St. John. The primary units are joined at the end of two, 33’ Grand Formal Entry Hallways with 14’ ceilings. Each of these ‘sister’ units have glorious double parlors (formal living and dining rooms) with antique decorative fireplaces, cypress pocket doors in Unit 2033, soaring ceilings with plaster moldings, gleaming original long leaf pine plank wood floors and all the charm of old New Orleans. Large eat-in kitchens with plenty of cabinets, separate gaming rooms and dens provide a plethora of living space. 2035 Esplanade has 3 en-suite bedrooms while 2033 has one bedroom and one bath. The upstairs efficiency apartment has its own entrance and wrought iron fenced yard. A separate bungalow is located in the rear yard. A detached two-car garage has electric doors for secured parking. Come and step back in time, sit a spell, and enjoy the beautifully manicured flower gardens that surround this corner lot with its elongated front gallery waiting for lazy afternoon rockers and lemonade. Located approximately 1.6 miles from the French Quarter and 0.7 miles from the Fair Grounds/Jazzfest. Easey access to Restaurants, major interstates and more. * A current appraisal is available upon request * Explore your options and don't miss out on this opportunity.
CHARMING UPTOWN 3 PLEX-PRIME LOCATION NEAR JACKSON & ST CHARLES AVE. THIS 2 STORY CAMELBACK SIDE BY SIDE DOUBLE WITH AN ADDITIONAL EFFICIENCY APARTMENT IN THE REAR, OFFERS A FANTASTIC OPPORTUNITY IN THE HEART OF UPTOWN NEW ORLEANS. JUST A STONE'S THROW FROM THE ST CHARLES AVE STREETCAR LINE AND NEAR THE PARADE ROUTE, THIS PROPERTY PROVIDES EASY ACCESS TO CANAL ST, THE FRENCH QUARTER, AND THE CITY'S BEST RESTAURANTS AND ENTERTAINMENT. THE PROPERTY NEEDS SOME TLC TO RESTORE IT TO ITS FORMER GLORY, MAKING IT IDEAL FOR INVESTORS OR THOSE LOOKING TO CREATE THEIR DREAM HOME. EACH UNIT FEATURES SEPERATE YARDS, OFFERING PRIVACY AND SPACE FOR TENANTS, FAMILY AND FRIENDS . WITH THE POTENTIAL FOR RENTAL INCOME. THIS PROPERTY COMBINES HISTORIC CHARM WITH MODERN POSSIBILITES. DONT MISS OUT ON THIS GEM IN ONE OF NEW ORLEANS MOST COVETED LOCATIONS. SELLER MOTIVATED! WILL ENTERTAIN ALL OFFERS! CREATIVE FINANCING AVAILABLE!
Beautiful new construction duplex with a great floor plan and excellent materials of construction. Finishing touches are being completed now. Property has large rooms, high ceilings, separate utility meters, nice floors, and front balconies. Must see! Convenient location with easy access to all areas of New Orleans. Seller is offering a credit of $8000 for appliances and/or for closing costs. Buyer to verify all measurements.
HUGE PRICE DROP!! This desirable 3 story French Quarter building, with a huge attic space, is located in a prime location. Property offers a great opportunity as an investment. The building offers a wonderful commercial retail space on the ground floor, 2nd & 3rd floors and attic are attractive apartments . Don't miss the opportunity to own this dynamic space in a vibrant high-demand area in the FQ with endless potential! This visible French Quarter location has a high tourist and local traffic count. Call today to set up a personal tour! Motivated seller!!! Property must sell along with 401 Decatur st and 505 & 507 Conti st. https://nom.mlsmatrix.com/matrix/shared/ylv3hlTvmZc/401DECATURStreet
HUGE PRICE DROP!! this desirable 3 story French Quarter building, is located in a prime location. Property offers a great opportunity as an investment. The building offers a wonderful commercial retail space on the ground floor, 2nd & 3rd floors are attractive apartments . Don't miss the opportunity to own this dynamic space in a vibrant high-demand area in the FQ with endless potential! This visible French Quarter location has a high tourist and local traffic count. Call today to set up a personal tour! Motivated seller!!!
Chic NEW construction for sale situated in a fabulous location right across from DILLARD University! What a unique opportunity to take advantage of. Be this homeowner and live splendidly while collecting rent and investing in your future!! The open floor plan impresses upon entry! Smart vinyl wood planked flooring paired with plenty of energy efficient windows lend tons of light and spaces for entertaining, cooking and relaxing. 10' ceilings are on the 1st floor and 9' ceilings are on the 2nd story. Both levels boast gorgeous custom tile work in the modern bathrooms and the primary suites are complimented by roomy built-in, walk-in closets! A driveway is available for off street parking and lovely cozy yards are located in the back and partitioned for privacy with new wood fencing. Stainless kitchen appliances are included!! ASTUTELY LOCATED AND PRICED FOR ONLY FOR THE SAVVIEST OF INVESTORS!!
Live on the doorstep of City Park in this stunning Arts and Crafts double. Renovated in 2017 to create a larger owner’s unit with sole access to the backyard, this 3 bed, 2.5 bath, 1,870 sq ft unit is vacant and ready to owner-occupy. The second unit includes 2 beds, 1.5 baths, and is currently on a month-to-month lease. Both units are two stories with laundry in each unit. Throughout the home, you’ll find abundant natural light, gorgeous hardwood flooring, and evocative details from light fixtures to bathroom tile. Enjoy morning coffee on the balcony, or relax after work in the shaded backyard. Parking available via shared driveways on both sides of the property. And with City Park and Ralph's on the Park just two short blocks away, you’re in direct proximity to all the uniquely New Orleans art, nature, and recreation it has to offer. In walking distance to Bayou St. John, Carrollton Avenue restaurants, NOMA, shopping, grocery stores, etc.
Classic layout and high-end design in the vibrant Garden District. Situated between Prytania and Magazine Street, this property retains its iconic New Orleans style architecture with wood floors, tall ceilings, and mantles. Entertain your parade guests on the beautiful back patio. This is a special opportunity to live in a first-class location while still obtaining rental income. 1306 sides AC condenser was replaced July 2024. Both units are rented and occupied, so please allow 24 notice for access.
Well maintained 6 Plex and investment property. Fully occupied with potential to increase rents to market rates. Each unit has 1 bedroom and 1 bathroom. Most units have been updated with flooring, paint, appliances, AC units, windows. Parking lot and plenty of off street parking. Separate electrical meters.
Well maintained duplex that is just a few blocks off St. Charles Ave. This property is fully occupied. Each unit has 2 bedrooms and 2 full bathrooms. Both units have been well maintained and renovated prior to tenant moving in. Updated kitchen and bathrooms, fresh paint, updated flooring. Each unit has laundry hookups. Updated Central HVAC on both sides. Separate electric/gas meters and one water meter.
This charming double with a welcoming front porch offers an excellent opportunity for investors in the burgeoning Riverbend. Each side has one bedroom and one bathroom and private outdoor courtyards each with laundry sheds. At just over 1,000 square feet, this low-maintenance property is an ideal smaller scale project for even the first time buyer or investor looking to produce rental income or owner-occupy. Enjoy the convenience of nearby amenities including the levee, Carrollton Streetcar, universities, shops, and cafes. The neighborhood is experiencing significant revitalization, promising strong potential returns. Don't miss out on this affordable gem!
Investors looking for occupied double. two - 2 bedroom /1 bath units both with covered parking and laundry connections. Unit 3401 renovated in the past few years. 3403 renovated post Katrina. One block from Elysian Fields Ave & 2 blocks from I-610. X-Flood Zone
Built in 1850, this ~7,992 square-foot, three story property with four story servants’ quarters situated on the edge of the French Quarter with nearby parking and easy access to I-10 and the surrounding area. The property includes two courtyard spaces, oversized balconies facing N. Rampart, and a fourth floor crawl space with roof access, making this property an excellent opportunity for a commercial development.
The median home value in New Orleans, LA is $329,000. This is higher 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 $329,000. 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 has a population of 383,974. New Orleans is less family-centric than the surrounding county with 19.77% 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 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 is 37.7 years.
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.