$585,000
$10K PRICE DROP

Estimated payment $3,687/month

Total Views 3,777
13 Beds
6 Baths
4,930 Sq Ft
$119 Price per Sq Ft

Highlights

  • Balcony
  • 1-minute walk to Canal And St Patrick
  • Property is in very good condition
  • ENERGY STAR Qualified Appliances
  • Central Heating and Cooling System
  • Fenced

About This Home

Mid-City location offering a six-plex brimming with potential. Upstairs, two spacious 3-bedroom, 1-bathroom units with private front porches, perfect for unwinding, alongside the comfort of central HVAC and warm wood floors. Downstairs, find three units, each featuring two bedrooms, a bathroom, and tile floors with a combination or mini-splits and window units. Each of the 5 units in the main building has an open-plan living area, while the back house provides a cozy one-bedroom with central HVAC. Laundry hookups in the shared portion of the rear building, and a neighboring laundromat offer added convenience. The long driveway on the right side of the property offers ample parking. New ROOF Spring 2024! Fully occupied, please allow 24 hours notice for any showing requests.

Listing Agent

William King

Satsuma Real Estate LLC License #NOM:995688927 Listed on: 03/13/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 42 x 113
  • Fenced
  • Property is in very good condition

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,930 Sq Ft Home
  • Property has 1 Level
  • Raised Basement
  • ENERGY STAR Qualified Appliances

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Internet Available

Additional Features

  • Energy-Efficient Lighting
  • Balcony
  • Outside City Limits

Community Details

  • 6 Units
  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number SQ595

Property Details

Home Type

Apartment

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Apartment Complex
  • Style: Raised Basement
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 595 LOT E OR 14 N OLYMPIA 42X113
  • Lp Amt Sq Ft: 118.66
  • Building Stories: 2.00000
  • Unit Level: 1
  • Year Renovated: 2007
  • AddressLine: 318 N OLYMPIA Street, New Orleans LA 70119
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4930
  • Total Sq Ft: 4930

Exterior Features

  • Pool Type: None
  • Exterior: Cinder Block, Other, Wood Siding
  • ExteriorFeatures: Balcony, Fence
  • Foundation: Other
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Car Storage: Driveway Only, Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Central, Ductless Wall Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: None
  • Heating: Central, Ductless Wall Unit
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 42 x 113
  • Parcel #: SQ595

Green Features

  • Energy Efficient Features: Energy Star Appliances, Lighting
  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Building Info

  • Year Built: 1935

Multi Family

  • Total Units: 6
  • Unit Count: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $585,000 -1.7% $119 / Sq Ft
03/13/2025 03/13/25 For Sale $595,000 -- $121 / Sq Ft
Source: Gulf South Real Estate Information Network

Source: Gulf South Real Estate Information Network

MLS Number: 2491200

Gulf South Real Estate Information Network