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$ 799,000
Est. payment /mo
Price Dropped by $51K
4532-34 ORLEANS AVE New Orleans, LA 70119
8 Beds
6 Baths
4,488 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,488 sqft
Price per Sqft $178
MLS Listing ID 2548420
Bedrooms 8
Full Baths 6
Construction Status Excellent
HOA Y/N No
Year Built 1927
Property Sub-Type Triplex
Property Description
Mid-City income-producing triplex featuring a large owner's unit plus two renovated rental units generating strong cash flow.
The property includes a 2,244 SF primary unit with 4 beds/3 baths, offering flexibility for owner-occupancy or additional rental potential.
A previous renovation (approx. 8 years ago) updated electrical, plumbing, HVAC, kitchens, and baths, with more recent improvements including Hardie board siding and a 2022 roof.
Two rental units are fully renovated and currently generating $4,400/month combined–Upper unit: 2 bed / 2 bath / $2,400/month; Lower unit with 7' ceilings: 2 bed / 1 bath / $2,000/month.
Rear parking for two vehicles accessible via St. Peter St + outdoor storage room.
Prime Mid-City location one block from City Park, near Bayou St. John and the Carrollton corridor, with strong rental demand drivers. Unique added value: Property sits directly on the Endymion parade route!
The property includes a 2,244 SF primary unit with 4 beds/3 baths, offering flexibility for owner-occupancy or additional rental potential.
A previous renovation (approx. 8 years ago) updated electrical, plumbing, HVAC, kitchens, and baths, with more recent improvements including Hardie board siding and a 2022 roof.
Two rental units are fully renovated and currently generating $4,400/month combined–Upper unit: 2 bed / 2 bath / $2,400/month; Lower unit with 7' ceilings: 2 bed / 1 bath / $2,000/month.
Rear parking for two vehicles accessible via St. Peter St + outdoor storage room.
Prime Mid-City location one block from City Park, near Bayou St. John and the Carrollton corridor, with strong rental demand drivers. Unique added value: Property sits directly on the Endymion parade route!
Location
State LA
County Orleans
Interior
Heating Central, Ductless, Wall Furnace
Cooling Central Air, Ductless, Wall Unit(s)
Fireplace No
Laundry In Unit
Exterior
Parking Features Two Spaces
Pool None
Water Access Desc Public
Roof Type Asphalt,Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Excellent
Others
Tax ID 4532-ORLEANSAV
Special Listing Condition None
Listed by Compass Garden District (LATT18)
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