2933 Pine Street, New Orleans, LA 70125
Local realty services provided by:ERA Sarver Real Estate
2933 Pine Street,New Orleans, LA 70125
$615,000
- 8 Beds
- 6 Baths
- 3,908 sq. ft.
- Multi-family
- Active
Listed by:karianne chassee
Office:exp realty, llc.
MLS#:2473740
Source:LA_GSREIN
Price summary
- Price:$615,000
- Price per sq. ft.:$157.37
About this home
Welcome to 2933 Pine Street, a two-story 4-plex situated in the charming Fountainbleau area of New Orleans, right next to the esteemed Dominican High School. This property presents a phenomenal opportunity for both seasoned and budding investors. Listed by its owner/agent.
Built with symmetry and style, each of the four units mirrors its counterpart, offering a consistent and pleasing layout. The two ground-floor shotgun units feature 2 bedrooms and 2 bathrooms each, while the upper shotgun units mirror this configuration with one bath and a rear deck. All units boast modern conveniences, including washer and dryer hookups and central HVAC systems to ensure year-round comfort. Recent updates include a substantial renovation around 2015 and the addition of sleek hardwood floors in the lower units in 2018.
Currently, all four units are rented, generating stable income with the highest rent reaching $1,450 per month. One unit comes with off-street parking for one car. A detailed rent roll is available to prospective buyers, illustrating the property’s lucrative potential.
For investors looking to maximize their leverage, this property may be eligible for 3.5% down financing through FHA. Additionally, the seller is offering the possibility of financing the purchase via a bond for deed with attractive terms for the right buyer. Alternatively, you might choose to occupy one unit yourself and let the rental income from the other three cover your mortgage— a smart strategy for anyone looking to make their investment even more affordable.
Don’t miss out on this exceptional opportunity to own a piece of New Orleans’s vibrant real estate market. Whether you’re expanding your portfolio or stepping into the world of investment for the first time, 2933 Pine Street offers both a great opportunity and a touch of Southern charm.
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Home facts
- Year built:1970
- Listing Id #:2473740
- Added:292 day(s) ago
- Updated:August 16, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,908 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Asphalt
- Year built:1970
- Building area:3,908 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$615,000
- Price per sq. ft.:$157.37
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