5229 Burgundy Street, New Orleans, LA 70117
Local realty services provided by:ERA Sarver Real Estate
Listed by: dominique rouzan, lance rouzan
Office: john anthony realty llc.
MLS#:2558223
Source:LA_GSREIN
Price summary
- Price:$350,000
- Price per sq. ft.:$113.64
About this home
Exceptional investment opportunity to own four well-maintained four-plexes being sold together as a package deal! 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). $350K 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!...
Contact an agent
Home facts
- Year built:1960
- Listing ID #:2558223
- Added:44 day(s) ago
- Updated:June 28, 2026 at 10:31 PM
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:$350,000
- Price per sq. ft.:$113.64
Parking
- Parking description:Off Street, Parking Lot, Three or more Spaces
New listings near 5229 Burgundy Street
- New
$399,000Active3 beds 2 baths1,335 sq. ft.4517 Annunciation Street, New Orleans, LA 70115
MLS# 2565012Listed by: ENGEL & VLKERS NEW ORLEANS - New
$320,000Active3 beds 3 baths2,460 sq. ft.11120 Morrison Road, New Orleans, LA 70128
MLS# 2565182Listed by: KELLER WILLIAMS REALTY 455-0100 - New
$128,000Active3 beds 2 baths1,528 sq. ft.3420 Mansfield Avenue, New Orleans, LA 70131
MLS# 2565183Listed by: AUDUBON REALTY, LLC - New
$19,000Active0.1 Acres5010 N Johnson Street, New Orleans, LA 70117
MLS# 2565192Listed by: HOMESMART REALTY SOUTH - New
$19,000Active0.08 Acres2439 Forstall Street, New Orleans, LA 70117
MLS# 2565193Listed by: HOMESMART REALTY SOUTH - New
$15,000Active0.06 Acres1906 Forstall Street, New Orleans, LA 70117
MLS# 2565196Listed by: HOMESMART REALTY SOUTH - New
$19,000Active0.08 Acres1811 Flood Street, New Orleans, LA 70117
MLS# 2565199Listed by: HOMESMART REALTY SOUTH - Open Wed, 11am to 1pmNew
$615,000Active2 beds 2 baths1,618 sq. ft.738 Pine Street, New Orleans, LA 70118
MLS# 2565136Listed by: REVE, REALTORS - New
$245,000Active3 beds 2 baths1,211 sq. ft.1725 Mandeville Street, New Orleans, LA 70117
MLS# 2563773Listed by: BERKSHIRE HATHAWAY HOMESERVICES PREFERRED, REALTOR - New
$240,000Active3 beds 2 baths1,262 sq. ft.430 S Cortez Street, New Orleans, LA 70119
MLS# 2563774Listed by: BERKSHIRE HATHAWAY HOMESERVICES PREFERRED, REALTOR