3821 23 Cleveland Avenue, New Orleans, LA 70119

Local realty services provided by:ERA Sarver Real Estate
3821 23 Cleveland Avenue,New Orleans, LA 70119
$525,000
  • 11 Beds
  • 7 Baths
  • 4,704 sq. ft.
  • Multi-family
  • Pending
Listed by:sandra green
Office:homesmart realty south
MLS#:2507771
Source:LA_GSREIN

Price summary

  • Price:$525,000
  • Price per sq. ft.:$111.61

About this home

Fantastic opportunity to own a positive-cash-flow producing 5 plex in a high-demand Mid City location right off Canal Street and the streetcar line. Only $111.61 per sq ft!! Full occupancy monthly revenue is $6650 and all units are currently rented and always very easy to rent with multiple applications submitted. All windows in the building have been replaced; there is a shared laundry area, and off street parking for 2 cars. Also, separate gas and electric meters; owner pays water. Central AC/heat in all units except for one (bottom unit 3821C) which has a mini split and window units. The building offers many appealing architectural features: high ceilings, wood floors, antique mantles, exposed brick, clawfoot tubs, no carpet. A great buy!

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Home facts

  • Year built:1928
  • Listing Id #:2507771
  • Added:172 day(s) ago
  • Updated:August 16, 2025 at 07:42 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:7
  • Full bathrooms:7
  • Living area:4,704 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1928
  • Building area:4,704 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$111.61