8228 Oak St New Orleans, LA 70118
Leonidas NeighborhoodEstimated payment $7,202/month
Highlights
- Oversized Lot
- Accessibility Features
- 2-minute walk to Carrollton And Oak
About This Home
8228 Oak Street presents an exceptional opportunity to own a well-maintained, income-producing commercial property in a vibrant New Orleans location. This two-story building boasts ample off-street parking and a desirable spot on bustling Oak Street. The ground floor is leased on a favorable NNN basis to Primo Hoagies, a nationally recognized sandwich franchise. The upstairs unit is occupied on a month-to-month basis by a therapy office/studio apartment and could be owner/operated or leased out on a long term basis. The property is move-in ready for any investor seeking strong rental income. Owner-occupiers will also appreciate the convenient location and established tenants.
The property thrives in a popular commercial district. Neighbors include Zotz Cafe, Oak Street Brewery, Jacques-Imo’s, Maple Leaf Bar, Breads on Oak, and many more.
Property Details
Property Type
- Other
Est. Annual Taxes
- $11,598
Year Built
- Built in 1960
Lot Details
- Lot Dimensions are 35 x 120
- Oversized Lot
- Zoning described as HU-MU
Home Design
- Stucco
Interior Spaces
- 3,540 Sq Ft Home
- Property has 2 Levels
Parking
- 3 Parking Spaces
- Off-Street Parking
Additional Features
- Accessibility Features
- City Lot
Community Details
- Common Area
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 | $11,598 | $87,870 | $10,800 | $77,070 |
| 2024 | $11,774 | $87,870 | $10,800 | $77,070 |
| 2023 | $9,146 | $78,210 | $8,640 | $69,570 |
| 2022 | $9,146 | $65,000 | $8,640 | $56,360 |
| 2021 | $8,153 | $56,640 | $8,640 | $48,000 |
| 2020 | $11,370 | $78,210 | $8,640 | $69,570 |
| 2019 | $12,241 | $81,020 | $3,020 | $78,000 |
| 2018 | $10,168 | $65,990 | $3,020 | $62,970 |
| 2017 | $9,708 | $65,990 | $3,020 | $62,970 |
| 2016 | $10,016 | $65,990 | $3,020 | $62,970 |
| 2015 | $9,811 | $65,990 | $3,020 | $62,970 |
| 2014 | -- | $35,990 | $3,020 | $32,970 |
| 2013 | -- | $35,990 | $3,020 | $32,970 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2025 03/01/25 | Rented | $2,000 | 0.0% | -- |
| 06/18/2024 06/18/24 | For Sale | $1,175,000 | 0.0% | $332 / Sq Ft |
| 04/04/2024 04/04/24 | For Rent | $2,250 | -50.0% | -- |
| 11/16/2022 11/16/22 | Rented | $4,500 | -11.8% | -- |
| 10/17/2022 10/17/22 | Under Contract | -- | -- | -- |
| 08/02/2022 08/02/22 | For Rent | $5,100 | -- | -- |
Source: ROAM MLS
MLS Number: 2454208
APN: 7-16-1-106-02
