8331 Nelson St New Orleans, LA 70118
Leonidas NeighborhoodEstimated payment $1,573/month
Highlights
- Acadian Style Architecture
- Property is in very good condition
- Wood Siding
- Central Heating and Cooling System
- Rectangular Lot
- Property has 1 Level
About This Home
Public Remarks Beautifully renovated multi-family double located in the heart of Hollygrove! This turnkey property is ideal for investors seeking strong rental income or owner-occupants. Each unit features 3 bedrooms with indoor laundry room, offering functional layouts and strong rental appeal. Property includes side entrances and a backyard ideal for flexible living arrangements including room-share potential. Interior upgrades include fresh paint, granite countertops, recessed lighting, new flooring in bathroom & kitchen and modern finishes throughout while maintaining classic New Orleans charm. The original solid wood floors run through the family room and bedrooms, offering durability, character, and a timeless foundation that can be enjoyed as-is or easily tailored to match your personal style. Major improvements include new plumbing, fully updated bathrooms, and a newly constructed front porch. Seller offering incentives toward appliance package for both units. Both sides can rent for $1947 per HANO payment standards. Prime location with quick access to Ochsner Medical Center, the Carrollton Corridor, and top universities including Tulane University, Xavier University of Louisiana, and Loyola University New Orleans. Minutes to local dining, shopping, and outdoor attractions such as Longue Vue House and Gardens, City Park, and Audubon Park. Easy access to Downtown, Mid-City, and Uptown. Eligible for 100% financing and up to $3,000 in closing cost assistance through Hancock Whitney Bank and First Horizon Bank. Great opportunity to add a cash-flowing asset in a rapidly developing area!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Lot Details
- Rectangular Lot
- Property is in very good condition
Home Design
- Duplex
- Acadian Style Architecture
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,728 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Schools
- Stuart Hall Elementary School
- St. Rita Middle School
- The Willow High School
Additional Features
- City Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 716321816
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 | $2,314 | $17,530 | $3,240 | $14,290 |
| 2024 | $2,349 | $17,530 | $3,240 | $14,290 |
| 2023 | $1,739 | $12,900 | $2,160 | $10,740 |
| 2022 | $1,739 | $12,360 | $2,160 | $10,200 |
| 2021 | $1,857 | $12,900 | $2,160 | $10,740 |
| 2020 | $1,608 | $11,060 | $2,160 | $8,900 |
| 2019 | $1,671 | $11,060 | $2,160 | $8,900 |
| 2018 | $1,704 | $11,060 | $2,160 | $8,900 |
| 2017 | $1,627 | $11,060 | $2,160 | $8,900 |
| 2016 | $1,679 | $11,060 | $2,160 | $8,900 |
| 2015 | $1,644 | $11,060 | $2,160 | $8,900 |
| 2014 | -- | $11,060 | $2,160 | $8,900 |
| 2013 | -- | $11,060 | $2,160 | $8,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2026 05/26/26 | For Sale | $255,000 | -- | $148 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $115,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $109,250 | No Value Available |
Source: ROAM MLS
MLS Number: 2559857
APN: 7-16-3-218-16
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Ask me questions while you tour the home.