2714 N Galvez Street, New Orleans, LA 70117

Local realty services provided by:ERA Sarver Real Estate
#1#2#3
2714 N Galvez Street,New Orleans, LA 70117
$599,999
  • 12 Beds
  • 6 Baths
  • 5,252 sq. ft.
  • Multi-family
  • Active
Listed by:justin lee
Office:fleur de lee realty, llc.
MLS#:2467261
Source:LA_GSREIN

Price summary

  • Price:$599,999
  • Price per sq. ft.:$114.24

About this home

1031 Exchange or as a Cash Cow! This stunning, newly renovated 6-unit building is a money-making machine with significant upside potential. Currently, the property is generating only $5,800/month — well below market value — creating an exceptional opportunity for investors to maximize rental income. Section 8 Rent Potential: 1 Bedroom Units: $1,149/month each x 2 units = $2,298/month 2 Bedroom Units: $1,362/month each x 2 units = $2,724/month 3 Bedroom Units: $1,750/month each x 2 units = $3,500/month Total Potential Section 8 Income: $8,522/month That’s a $102,264/year potential income! Key Features: Fully Renovated in 2023 from the studs up Professionally Managed, cash-flowing Section 8 rental Upstairs Units: 2 x 3-bedroom, 1-bath units with updated kitchens, hardwood floors, and open floor plans Downstairs Units: 4 units — 2 x 2-bedroom, 1-bath and 2 x 1-bedroom, 1-bath units, each with separate water & electricity meters and central air Ample Storage space throughout the

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Home facts

  • Year built:1960
  • Listing Id #:2467261
  • Added:332 day(s) ago
  • Updated:August 16, 2025 at 03:13 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:5,252 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Ductless, Heating, Wall Furnace, Window Unit

Structure and exterior

  • Roof:Shingle
  • Year built:1960
  • Building area:5,252 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,999
  • Price per sq. ft.:$114.24

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