$300,000

2514 16 S Tonti St New Orleans, LA 70125

Central City Neighborhood

Estimated payment $1,890/month

Total Views 1,286
6 Beds
4 Baths
2,328 Sq Ft
$129 Price per Sq Ft

About This Home

Amazing Investment Opportunity – 4-Plex with Strong Income Potential! Now is your chance to own this income-producing 4-plex! Each unit offers functional and comfortable living spaces, making it a solid investment choice. Recent updates include a new roof, fresh exterior paint, and new flooring in select units.Currently generating $4,166 in monthly rental income, this property already offers strong cash flow — with even more potential after renovations. While some repairs and updates are still needed, that means added value is waiting for the right investor ready to maximize returns. Some photos are virtually staged to show potential....BOND FOR DEED AVAILABLE

Listing Agent

BRITTNY MCKAY

Brittny McKay Real Estate License #NOM:995714251 Listed on: 06/09/2025

Brittny McKay Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 27 x 134
  • Irregular Lot
  • Property is in below average condition

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,328 Sq Ft Home
  • Property has 2 Levels

Location

  • Outside City Limits

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 412404621

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,732

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Other
  • Condition: Fair
  • ADA Features: No
  • Legal Description: SQ 459 LOT 20 S TONTI 27X134 7/12/5 ADD CORRECTION
  • Lp Amt Sq Ft: 128.87
  • Building Stories: 2.00000
  • Unit Level: 2
  • Year Renovated: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Estimated Living Area: 2328
  • Total Sq Ft: 2328

Exterior Features

  • Pool Type: None
  • Exterior: Shingle/Shake
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Window Unit
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Irregular
  • Lot Num: 20
  • Lot Size: 27 x 134
  • Parcel #: 412404621

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 6
  • Total Full Baths All Units: 4
  • Total Rent All Units: 4166
  • Total Units: 4
  • Unit Count: 4

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,732 $20,700 $2,890 $17,810
2024 $2,774 $20,700 $2,890 $17,810
2023 $2,327 $17,320 $1,810 $15,510
2022 $2,327 $16,540 $1,810 $14,730
2021 $2,493 $17,320 $1,810 $15,510
2020 $2,518 $17,320 $1,810 $15,510
2019 $2,127 $14,080 $1,810 $12,270
2018 $2,169 $14,080 $1,810 $12,270
2017 $2,071 $14,080 $1,810 $12,270
2016 $2,137 $14,080 $1,810 $12,270
2015 $2,093 $14,080 $1,810 $12,270
2014 -- $14,080 $1,810 $12,270
2013 -- $14,080 $1,810 $12,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $300,000 -- $129 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Gulf South Title
Quit Claim Deed -- None Available
Warranty Deed $151,000 --
Warranty Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,600 New Conventional
Previous Owner $147,172 FHA
Source: Public Records

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Source: Gulf South Real Estate Information Network

MLS Number: 2506224

Gulf South Real Estate Information Network

APN: 4-12-4-046-21

Louisiana Orleans Parish New Orleans 70125 Central City

2514 16 S Tonti St, New Orleans, LA

This home is located at 2514 16 S Tonti St, New Orleans, LA 70125 and is currently priced at $300,000, approximately $128 per square foot. This property was built in 1977. 2514 16 S Tonti St is a home located in Orleans Parish with nearby schools including Wilson Charter School, Mary Bethune Elementary School, and Kipp Central City Primary School.

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BRITTNY MCKAY
Listing Agent
BRITTNY MCKAY
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Brittny McKay Real Estate
(504) 788-1382