$595,000

Estimated payment $3,549/month

Total Views 8,336
6 Beds
6 Baths
5,500 Sq Ft
$108 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Property is in very good condition
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

Great opportunity to own a fully occupied, 6-unit , consisting of 6, 1 bedroom 1 bath apartments in the heart of the city. All units are currently rented, generating over $7300/month in gross rental income with long-term tenants in place. Low-maintenance units. Stable cash flow!

Listing Agent

Patrice Poree

Paidyn Realty License #NOM:995699901 Listed on: 06/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,159

Lot Details

  • Lot Dimensions are 50x12
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco Exterior

Interior Spaces

  • 5,500 Sq Ft Home
  • Property has 1 Level

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 39W802708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,159

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Other
  • Style: Traditional
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: LIBERTY TERRACE SECTION A LOTS 18 19 ST FERDINAND 50X124 OVER 126 2/ST C/BLOCK 6/APTS 3/RM EA A/R
  • Lp Amt Sq Ft: 108.18
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Living Area: 5500
  • Total Sq Ft: 5500

Exterior Features

  • Pool Type: None
  • Exterior: Brick, Concrete, Stucco
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Owner
  • Gas Type: Natural
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 18
  • Lot Size: 50x12
  • Parcel #: 39W802708

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 6
  • Total Full Baths All Units: 6
  • Total Rent All Units: 7385
  • 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

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 $3,159 $23,930 $1,250 $22,680
2024 $3,206 $23,930 $1,250 $22,680
2023 $3,139 $23,440 $780 $22,660
2022 $3,139 $22,310 $780 $21,530
2021 $3,374 $23,440 $780 $22,660
2020 $3,408 $23,440 $780 $22,660
2019 $3,535 $23,400 $740 $22,660
2018 $3,605 $23,400 $740 $22,660
2017 $3,443 $23,400 $740 $22,660
2016 $3,552 $23,400 $740 $22,660
2015 $3,865 $26,000 $780 $25,220
2014 -- $26,000 $780 $25,220
2013 -- $26,000 $780 $25,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $595,000 +357.7% $108 / Sq Ft
12/07/2017 12/07/17 Sold -- -- --
11/17/2017 11/17/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $130,000 -- $48 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Cash Sale Deed $96,515 Select Title Llc
Source: Public Records

About the Listing Agent

Patrice Poree

Paidyn Realty

(504) 949-8826

Section Image

As a passionate real estate professional and proud New Orleanian, I bring a deep understanding of the neighborhoods, culture, and distinctive architecture that make this city truly unique. With an unwavering commitment to excellence, I leverage my extensive knowledge of the real estate market and adopt a proactive approach to addressing the challenges my clients face on both local and national levels.
I hold a Bachelor of Science in Biology with a Minor in Chemistry, as well as a Master of

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Source: Gulf South Real Estate Information Network

MLS Number: 2508192

Gulf South Real Estate Information Network

APN: 3-9W-8-027-08