2714 Milan Street, New Orleans, LA 70115

New Orleans
Local realty services provided by:ERA Sarver Real Estate, Inc.
2714 Milan Street,New Orleans, LA 70115
$732,500
Virtual Tour
  • 9 Beds
  • 6 Baths
  • 5,749 sq. ft.
  • Multi-family
  • Active
Listed by: luke garris
Office: united real estate partners llc.
MLS#:2559886
Source:LA_GSREIN

Price summary

  • Price:$732,500
  • Price per sq. ft.:$127.41

About this home

EXCELLENT RETURNS INVESTMENT OPPORTUNITY in the heart of New Orleans’ highly desirable Freret Corridor. This renovated, fully occupied 4-plex is currently generating $6,700/month — $80,400 in annual gross rental income — representing approximately 11.0% GROSS YIELD at the $732,500 asking price before operating expenses. The property offers approximately 5,749 living sq ft across four units: (2) 2-bed/1-bath, (1) 2-bed/2-bath and (1) 3-bed/2-bath. All units are tenant occupied, with two currently month-to-month, providing immediate income with future flexibility. Originally built in 1907 and thoughtfully renovated, the property combines historic New Orleans character with modern functionality. Spacious layouts, high ceilings, attractive curb appeal and substantial updates provide an appealing combination of established income and reduced immediate renovation needs. LOCATION ADDS TO THE INVESTMENT STORY — just a few short blocks from Trader Joe’s and the popular Freret St Corridor,...

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Home facts

  • Year built:1907
  • Listing ID #:2559886
  • Added:101 day(s) ago
  • Updated:September 05, 2026 at 03:54 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:6
  • Full bathrooms:5
  • Half bathrooms:1
  • Living area:5,749 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window Unit(s)
  • Heating:Central, Heating, Window Unit

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1907
  • Building area:5,749 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:City Lot, Rectangular Lot
  • Architectural Style:Craftsman
  • Construction Materials:Cedar, Wood Siding
  • Exterior Features:Fence, Porch
  • Foundation Description:Raised
  • Levels:3+ Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$732,500
  • Price per sq. ft.:$127.41

Parking

  • Parking description:Off Street

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