2828 Louisiana Avenue, New Orleans, LA 70115
Local realty services provided by:ERA Sarver Real Estate
2828 Louisiana Avenue,New Orleans, LA 70115
$385,000
- 8 Beds
- 8 Baths
- 4,328 sq. ft.
- Multi-family
- Pending
Listed by:austin mccann
Office:keller williams realty 455-0100
MLS#:2507465
Source:LA_GSREIN
Price summary
- Price:$385,000
- Price per sq. ft.:$88.96
About this home
New Low Price! Priced Below Market – Don’t Miss This Opportunity!
Excellent opportunity to own a 4-unit multifamily property, each unit offering 2 bedrooms and 2 bathrooms. Three of the four units are currently rented, generating consistent income. The fourth unit is vacant and offers flexibility for owner occupancy, long-term rental, or short-term rental (Airbnb potential).
With projected gross rental income of at least $7,268/month, this property delivers instant cash flow. 2025 HANO payments are now $1,817 per unit. Two units can increase rent at lease anniversary in August 2025, One unit can increase rent at lease anniversary in October 2025, vacant unit can rent for $1,817 now.
While the house needs updating, repairs, and some overall TLC it’s priced to sell and great for both first-time investors and experienced buyers looking to add value.
Spacious units, great layout, and located in a strong rental market—don’t miss this opportunity to build equity and generate income from day one!
Contact an agent
Home facts
- Year built:1970
- Listing Id #:2507465
- Added:60 day(s) ago
- Updated:August 16, 2025 at 07:42 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Living area:4,328 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:1970
- Building area:4,328 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$385,000
- Price per sq. ft.:$88.96
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