5228 North Rampart Street, New Orleans, LA 70117
Local realty services provided by:ERA Sarver Real Estate, Inc.
Listed by: dominique rouzan, lance rouzan
Office: john anthony realty llc.
MLS#:2558225
Source:LA_GSREIN
Price summary
- Price:$340,000
- Price per sq. ft.:$110.39
About this home
Exceptional investment opportunity to own four well-maintained four-plexes being sold together as a package! All four buildings are situated on the same plot of land and include 912 Egania Street (MLS 2558217), 926 Egania Street (MLS 2557802), 5229 Burgundy Street (MLS 2558223), and 5228 North Rampart Street (MLS 2558225). $340K per building. These solid brick/masonry buildings have been meticulously cared for and are in excellent condition inside and out. The properties feature newer roofs less than five years old, beautifully maintained grounds, and spacious units that reflect true pride of ownership. Interior features include a combination of beautiful hardwood and ceramic tile flooring throughout the units, adding both durability and timeless appeal. All units are uniform in size, offering consistency and ease of management for owner occupants and investors alike. All units are fully occupied with residents, providing immediate rental income from day one. All four buildings are electric, and each unit has its own electric meter and water meter, making property management more efficient, simplistic, and convenient. Included in the sale are all appliances including refrigerators, stoves, built-in microwaves, and dishwashers, making this a true turnkey investment opportunity. While the properties are currently leased below market rent, there is significant upside potential for increased cash flow. Given the outstanding condition of the buildings and the strong rental demand in today’s market, investors have the opportunity to substantially increase rental income over time. This is a rare opportunity to own an impressive multi-family portfolio on valuable New Orleans real estate. Whether you are looking to expand your investment portfolio, generate long-term passive income, or obtain appreciating assets in a thriving market, these properties offer tremendous value and future potential. Don't miss out on this incredible investment. Schedule your showing today!...
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Home facts
- Year built:1960
- Listing ID #:2558225
- Added:138 day(s) ago
- Updated:October 01, 2026 at 02:52 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,080 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:1960
- Building area:3,080 sq. ft.
- Lot Features:City Lot, Oversized Lot, Rectangular Lot
- Architectural Style:Traditional
- Construction Materials:Brick
- Exterior Features:Fence
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$340,000
- Price per sq. ft.:$110.39
Parking
- Parking description:Off Street, Parking Lot, Three or more Spaces
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