1569 Athis Street, New Orleans, LA 70122
Local realty services provided by:ERA Sarver Real Estate
1569 Athis Street,New Orleans, LA 70122
$500,000
- 5 Beds
- 4 Baths
- 3,275 sq. ft.
- Multi-family
- Active
Listed by: louis williams
Office: keller williams realty services
MLS#:2563162
Source:LA_GSREIN
Price summary
- Price:$500,000
- Price per sq. ft.:$152.67
About this home
Discover the flexibility and value of this spacious brick home in the heart of New Orleans' desirable Gentilly neighborhood. Offering multiple living arrangements and strong rental potential, 1569 Athis Street is an excellent opportunity for investors, owner-occupants, or anyone seeking a property with income-generating possibilities.
The home features generously sized living spaces, large bedrooms, and an open flow between the living, dining, and kitchen areas. Architectural arches, abundant natural light, and durable finishes create a warm and inviting atmosphere throughout. The flexible floor plan allows for a variety of living configurations, making it ideal for multi-generational living, shared housing, or rental income opportunities.
Outside, you'll find a low-maintenance brick exterior, fenced yard, covered parking area, and ample off-street parking. The property's convenient location provides easy access to local schools, parks, shopping, dining, and major thoroughfares throughout New Orleans.
One of the property's standout features is its proven rental performance and flexibility. The current 4-bedroom portion of the home is leased at $2,000 per month, while the separate 1-bedroom living space has historically generated between $1,000 and $1,100 per month in rental income. Prior to the current leasing arrangement, the entire property was leased as a single residence for $4,300 per month. The current market rate for leasing the entire home is approximately $3,600 per month, providing investors with multiple strategies for maximizing cash flow depending on their preferred rental structure.
Whether you're looking to expand your investment portfolio, offset ownership costs through rental income, or secure a property with flexible living arrangements, this unique Gentilly residence offers exceptional potential in a sought-after New Orleans location.
Disclaimer: Property is currently tenant-occupied. Interior photographs may include virtual staging and are intended to illustrate the home's potential use of space. Actual furnishings, fixtures, finishes, appliances, and décor may differ from those shown. Rental amounts referenced are based on current and historical lease information and are provided for informational purposes only. Prospective purchasers should independently verify all lease terms, rental income, and property details during their due diligence period....
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Home facts
- Year built:1967
- Listing ID #:2563162
- Added:44 day(s) ago
- Updated:July 31, 2026 at 03:32 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,275 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:1967
- Building area:3,275 sq. ft.
- Lot area:0.17 Acres
- Lot Features:City Lot, Corner Lot
- Architectural Style:Split Level
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$152.67
Parking
- Parking description:Off Street
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