$939,000
$40K PRICE DROP

Estimated payment $5,625/month

Total Views 1,402
9 Beds
6 Baths
5,749 Sq Ft
$163 Price per Sq Ft

Highlights

  • Arts and Crafts Architecture
  • Central Heating and Cooling System
  • Fenced
  • Porch
  • Property is in very good condition
  • Wood Siding

About This Home

Congratulations!! You have found the investment property you've been waiting for! The Search is over, and is the time to act. Make the for your dream investment before this unique opportunity is gone. This Fully Renovated 4-Plex is blocks from Ochsner Baptist and is a gem in the Freret Corridor. With the structure built at the turn of the 20th century, you have strong peace of mind with old growth solid wood framing. They really don't put this level of quality or structural integrity into homes anymore. Three units are tenant occupied with one unit recently vacated, giving a dual opportunity of either owner occupancy or more favorable rents. Vacant unit is shown, and the other three, with similar construction, can be toured with accepted contract.

Listing Agent

Luke Garris

ERA PowerMark Properties License #NOM:995695427 Listed on: 05/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,144

Year Built

  • Built in 2024

Lot Details

  • Lot Dimensions are 51x120
  • Fenced
  • Property is in very good condition

Home Design

  • Quadruplex
  • Arts and Crafts Architecture
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 5,749 Sq Ft Home
  • Property has 1 Level

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Internet Available

Additional Features

  • Porch
  • Outside City Limits

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 18-19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,144

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Arts and Crafts
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 638 LOT 18 PT LOT 19 MILAN 51X120 2714-20 MILAN ST 4-PLEX
  • Lp Amt Sq Ft: 163.33
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Year Renovated: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2024

Interior Features

  • Estimated Living Area: 5749
  • Total Sq Ft: 5749

Exterior Features

  • Pool Type: None
  • Exterior: Hardy Plank, Wood Siding
  • ExteriorFeatures: Fence, Porch
  • Foundation: Raised
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central, Window Unit
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central, Window Unit
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 18-19
  • Lot Size: 51x120
  • Parcel #: 18-19

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Total Bedrooms All Units: 9
  • Total Full Baths All Units: 5
  • Total Half Baths All Units: 1
  • Total Rent All Units: 6975
  • 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 $5,144 $38,970 $9,180 $29,790
2024 $5,222 $38,970 $9,180 $29,790
2023 $4,383 $32,600 $3,670 $28,930
2022 $4,383 $31,150 $3,670 $27,480
2021 $4,693 $32,600 $3,670 $28,930
2020 $5,266 $36,220 $3,670 $32,550
2019 $5,472 $36,220 $3,670 $32,550
2018 $5,581 $36,220 $3,670 $32,550
2017 $5,329 $36,220 $3,670 $32,550
2016 $2,558 $16,850 $3,060 $13,790
2015 $2,505 $16,850 $3,060 $13,790
2014 -- $16,850 $3,060 $13,790
2013 -- $16,850 $3,060 $13,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $939,000 -0.6% $163 / Sq Ft
07/10/2025 07/10/25 Price Changed $945,000 -0.2% $164 / Sq Ft
07/08/2025 07/08/25 Price Changed $947,000 -0.2% $165 / Sq Ft
07/05/2025 07/05/25 Price Changed $949,000 -0.8% $165 / Sq Ft
06/20/2025 06/20/25 Price Changed $957,000 -0.1% $166 / Sq Ft
06/19/2025 06/19/25 Price Changed $958,000 -0.1% $167 / Sq Ft
06/09/2025 06/09/25 Price Changed $959,000 -1.3% $167 / Sq Ft
06/05/2025 06/05/25 Price Changed $972,000 -0.2% $169 / Sq Ft
05/31/2025 05/31/25 Price Changed $974,000 -0.1% $169 / Sq Ft
05/29/2025 05/29/25 Price Changed $975,000 -0.2% $170 / Sq Ft
05/23/2025 05/23/25 Price Changed $977,000 -0.2% $170 / Sq Ft
05/16/2025 05/16/25 For Sale $979,000 +226.3% $170 / Sq Ft
06/20/2017 06/20/17 Sold -- -- --
05/22/2017 05/22/17 For Sale $300,000 -- $52 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $340,000 Title Management Group Inc
Source: Public Records

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Source: Gulf South Real Estate Information Network

MLS Number: 2502074

Gulf South Real Estate Information Network

APN: 6-14-3-342-13