1516 Gentilly Boulevard, New Orleans, LA 70119
Local realty services provided by:ERA TOP AGENT REALTY
1516 Gentilly Boulevard,New Orleans, LA 70119
$275,000
- 4 Beds
- 3 Baths
- 1,904 sq. ft.
- Multi-family
- Active
Listed by: louis williams
Office: keller williams realty services
MLS#:2560296
Source:LA_GSREIN
Price summary
- Price:$275,000
- Price per sq. ft.:$144.43
About this home
This Fairgrounds investment opportunity offers two dedicated units, 4 total bedrooms, 3 total baths, and 1,904 square feet of flexible income producing space in one of New Orleans most walkable and sought after locations. The downstairs unit features 3 bedrooms and 2 full baths, while the upstairs flat functions as a private 1 bedroom, 1 bath apartment with its own rear entrance and is currently leased for 1,100 dollars per month. Whether you hold both units as rentals or live downstairs while the upper flat offsets your mortgage, the income potential is already built in. The main level blends classic New Orleans character with comfortable living. Original wood floors, tall ceilings, and natural light set the tone as you step into a large living room that flows into the dining space. The kitchen offers solid wood cabinetry and a layout ready for your personal upgrades. Three bedrooms make the downstairs unit ideal for long term tenants, short term uses, or an owner occupant setup. Two full baths and a convenient laundry area complete the main level. The upper unit adds true investment value. A separate exterior staircase leads to a bright studio style apartment with its own kitchen, living and sleeping area, and a full bath featuring a clawfoot tub. With steady demand in this area, this unit continues to be a reliable source of income. Outside, the fenced yard and the screened front porch give both units enjoyable outdoor space and that signature neighborhood charm the Fairgrounds area is known for. Located just steps from the Fairgrounds and minutes from Bayou St. John, City Park, coffee shops, restaurants, and local markets, this property sits in a high demand rental zone where opportunities like this rarely come available. Homes with built in income, flexible layouts, and this kind of location do not stay long. Schedule your showing today and explore what this multi family property can add to your portfolio....
Contact an agent
Home facts
- Year built:1946
- Listing ID #:2560296
- Added:124 day(s) ago
- Updated:September 14, 2026 at 03:59 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:8
- Living area:1,904 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Central, Heating, Window Unit
Structure and exterior
- Roof:Shingle
- Year built:1946
- Building area:1,904 sq. ft.
- Lot area:0.07 Acres
- Lot Features:City Lot, Rectangular Lot
- Architectural Style:Cottage
- Construction Materials:Stucco, Wood Siding
- Exterior Features:Enclosed Porch, Fence, Porch
- Foundation Description:Raised
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$144.43
New listings near 1516 Gentilly Boulevard
- New
$335,000Active3 beds 2 baths1,575 sq. ft.1625 N Glavez Street, New Orleans, LA 70119
MLS# 2575698Listed by: ENGEL & VLKERS NEW ORLEANS - New
$4,950,000Active-- beds 1 baths19,946 sq. ft.425 Decatur Street, New Orleans, LA 70130
MLS# 2578667Listed by: BERKSHIRE HATHAWAY HOMESERVICES PREFERRED, REALTOR - New
$715,000Active4 beds 3 baths2,725 sq. ft.1459 Mithra Street, New Orleans, LA 70122
MLS# 2579169Listed by: NOLA LIVING REALTY - New
$230,000Active4 beds 3 baths2,500 sq. ft.10711 Guildford Road, New Orleans, LA 70127
MLS# 2579345Listed by: KEY TURNER REALTY LLC - New
$560,000Active3 beds 3 baths2,070 sq. ft.6240 Louisville Street, New Orleans, LA 70124
MLS# 2579465Listed by: COMPASS METRO - Open Sat, 1 to 3pmNew
$445,000Active3 beds 2 baths1,700 sq. ft.2822 St Philip Street, New Orleans, LA 70119
MLS# 2579200Listed by: REVE, REALTORS - New
$185,000Active4 beds 3 baths2,202 sq. ft.1520 Leboeuf Street, New Orleans, LA 70114
MLS# 2579217Listed by: COMPASS WESTBANK - New
$299,000Active3 beds 3 baths1,437 sq. ft.1319 General Ogden Street, New Orleans, LA 70118
MLS# 2579429Listed by: VALMONT REALTORS - New
$650,000Active4 beds 3 baths3,281 sq. ft.2618 Octavia Street, New Orleans, LA 70115
MLS# 2579439Listed by: COLDWELL BANKER TEC MAGAZINE - New
$115,000Active2 beds 1 baths744 sq. ft.6429 Praro Street, New Orleans, LA 70117
MLS# 2578506Listed by: WEICHERT, REALTORS - LABRANCH & ASSOCIATES