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: 2/27/2024

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
LACDB Member
Photograph of Listing Agent

Walker Davis

Corporate Realty - Main Office
New Orleans, LA
LACDB Member
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