Multi-Family Investment Opportunity

Multi-Family for Sale
Catylist Listing ID: 30854068
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 5,632 SF
Gross Building Area: See Agent
Sale Price: $342,000 - 684,000
Unit Price: $85,500 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2023

Overview / Comments

Attractive duplexes available on Louisiana Avenue Parkway. Each unit comes equipped with 2 bedrooms, 1 full bathroom, a living area, and a dining room area. Both properties have screened front porches and driveways for off-street parking. Large backyards include sheds with washer/dryer hook ups. All four units are occupied with month-to-month leases. Exceptional opportunity to purchase one or both rental properties.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 614361107
Percent Occupied: 100%
Total Number of Buildings: 2
Number of Stories: 2
Parking Type: Surface
Parking Description: Dedicated off-street parking for each unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,923 187,327 415,452
Median Age: 32.74 36.16 37.23
Households: 11,824 83,134 176,449

Contact

Photograph of Listing Agent

William Sadler

Corporate Realty
New Orleans, LA
Photograph of Listing Agent

Walker Davis

Corporate Realty - Main Office
New Orleans, LA
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.