
2653 Gladiolus St New Orleans, LA 70122
Gentilly Terrace NeighborhoodEstimated payment $1,507/month
Highlights
- Porch
- Property is in very good condition
- Wood Siding
- Central Heating and Cooling System
- Rectangular Lot
- Property has 1 Level
About This Home
Earns $3000 a month in rent - High Cap Rate Gentilly Multifamily Investment in Great Condition - Enjoy steady income from two units in the high demand Gentilly area.
2 blocks to the nearest bus stop and steps from Milne Playground and a short drive to UNO and SUNO. Take advantage of this opportunity as an investor sells to downsize his portfolio and you can build yours!
Current tenants - one has lived here for 7 years and the other has a lease until Dec 2025, with the potential to continue his stay.
Low maintenance property with new roof and new central air, driveway parking and nice sized backyard.
Listing Agent
Berkshire Hathaway HomeServices Preferred, REALTOR License #995699315 Listed on: 03/28/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,984
Year Built
- Built in 1944
Lot Details
- Lot Dimensions are 40x120
- Rectangular Lot
- Property is in very good condition
Parking
- Driveway
Home Design
- Duplex
- Raised Foundation
- Shingle Roof
- Wood Siding
- Shingle Siding
- Shake Siding
Interior Spaces
- 1,470 Sq Ft Home
- Property has 1 Level
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- Porch
- City Lot
- Central Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 38W305922
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,984 | $15,030 | $2,880 | $12,150 |
2024 | $2,014 | $15,030 | $2,880 | $12,150 |
2023 | $1,698 | $12,600 | $1,920 | $10,680 |
2022 | $1,698 | $12,070 | $1,920 | $10,150 |
2021 | $1,814 | $12,600 | $1,920 | $10,680 |
2020 | $1,832 | $12,600 | $1,920 | $10,680 |
2019 | $1,688 | $11,170 | $1,440 | $9,730 |
2018 | $1,721 | $11,170 | $1,440 | $9,730 |
2017 | $1,643 | $11,170 | $1,440 | $9,730 |
2016 | $1,695 | $11,170 | $1,440 | $9,730 |
2015 | $1,661 | $11,170 | $1,440 | $9,730 |
2014 | -- | $11,170 | $1,440 | $9,730 |
2013 | -- | $11,170 | $1,440 | $9,730 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/28/2025 03/28/25 | For Sale | $245,000 | +58.1% | $167 / Sq Ft |
02/12/2016 02/12/16 | Sold | -- | -- | -- |
01/13/2016 01/13/16 | Pending | -- | -- | -- |
11/30/2015 11/30/15 | For Sale | $155,000 | -- | $106 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $64,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $124,156 | New Conventional | |
Closed | $127,500 | New Conventional | |
Closed | $122,906 | Future Advance Clause Open End Mortgage |
Similar Homes in the area
Source: ROAM MLS
MLS Number: 2494017
APN: 3-8W-3-059-22
- 2667 Jonquil St
- 2648 Jonquil St
- 2681 Jasmine St
- 2745 Jasmine St
- 2700 Clover St
- 2702 Clover St
- 3920 Old Gentilly Rd
- 2433 Jonquil St
- 2427 Jonquil St Unit UPPER
- 2548 Myrtle St
- 2646 Elder St
- 2525 Elder St
- 2530 Elder St
- 3553 Gentilly Blvd
- 4627 Franklin Ave
- 3410 Piedmont Dr Unit Rear Unit
- 3551 Saint Ferdinand St
- 6650 Franklin Ave
- 4763 Demontluzin St
- 2214 Milton St