2653-55 Gladiolus Street, New Orleans, LA 70122

New Orleans
Local realty services provided by:ERA Sarver Real Estate
2653-55 Gladiolus Street,New Orleans, LA 70122
$245,000
  • 4 Beds
  • 2 Baths
  • 1,470 sq. ft.
  • Multi-family
  • Active
Listed by: jessica bordelon
Office: berkshire hathaway homeservices preferred, realtor
MLS#:2565575
Source:LA_GSREIN

Price summary

  • Price:$245,000
  • Price per sq. ft.:$166.67

About this home

$36,000 a year in rent currently - High Earning Real Estate Investment - Enjoy steady income from two units in the high demand Gentilly area. This is a great investment opportunity for new and experienced investors. - Also excellent option for house hackers looking to owner occupy. - High Cap Rate Gentilly Multifamily Investment in Great Condition 2 blocks to the nearest bus stop and steps from Milne Playground and a short drive to UNO and SUNO. Take advantage of this opportunity to increase your investment portfolio with an easy to manage property. Current tenants - one has lived here for 7 years and the other has a lease until Dec 2025, with the potential to continue his stay. Low maintenance property with new roof and new central air, driveway parking and nice sized backyard.

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Home facts

  • Year built:1948
  • Listing ID #:2565575
  • Added:1 day(s) ago
  • Updated:July 01, 2026 at 12:07 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Living area:1,470 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Building area:1,470 sq. ft.
  • Lot Features:City Lot, Rectangular Lot
  • Construction Materials:Shake Siding, Wood Siding
  • Exterior Features:Porch
  • Foundation Description:Raised
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$166.67

Parking

  • Parking description:Driveway

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