3215 Dryades Street, New Orleans, LA 70115
Local realty services provided by:ERA Sarver Real Estate
3215 Dryades Street,New Orleans, LA 70115
$535,000
- 6 Beds
- 6 Baths
- 2,700 sq. ft.
- Multi-family
- Active
Listed by: mason mccullough, cameron griffin
Office: bridgewater realty advisors, llc.
MLS#:2566711
Source:LA_GSREIN
Price summary
- Price:$535,000
- Price per sq. ft.:$198.15
About this home
SELLER FINANCING - 6%, 30 year Amortization, 5 yr Balloon. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. $5,850/month gross income.
This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio.
Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3–5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers.
The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information....
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Home facts
- Year built:2000
- Listing ID #:2566711
- Added:11 day(s) ago
- Updated:July 20, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Living area:2,700 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Heating, Window Unit
Structure and exterior
- Roof:Shingle
- Year built:2000
- Building area:2,700 sq. ft.
- Lot area:0.11 Acres
- Lot Features:City Lot, Rectangular Lot
- Architectural Style:Traditional
- Construction Materials:Brick
- Exterior Features:Balcony
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$535,000
- Price per sq. ft.:$198.15
Parking
- Parking description:Driveway, Off Street, Parking Lot
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