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211 S Olympia Street, New Orleans, LA 70119

New Orleans
Local realty services provided by:CENTURY 21 Investment Realty
211 S Olympia Street,New Orleans, LA 70119
$315,000
  • 8 Beds
  • 4 Baths
  • 3,340 sq. ft.
  • Multi-family
  • Active
Listed by: alexander peet
Office: wurth real estate services
MLS#:2556130
Source:LA_GSREIN

Price summary

  • Price:$315,000
  • Price per sq. ft.:$94.31

About this home

**PRICED $35,000 BELOW RECENT APPRAISAL**This classic New Orleans fourplex at 211 S. Olympia Street presents the ideal hybrid for a savvy investor: immediate in-place rental income from two units paired with massive renovation upside. Priced at $315,000, this property is a prime value-add opportunity in one of the city's most resilient rental submarkets. The property consists of four 2-bedroom, 1-bathroom shotgun-style units, with the upper units featuring private balconies that offer charming neighborhood views.The heavy lifting on the infrastructure has already been handled, providing a rare head start with a new roof and a new sewer line already in place. Currently, two of the four units are occupied and generating rental income. This allows a new owner to collect rent from day one while focusing renovation efforts on the remaining units, which are prime candidates for a transformation to capture top-of-market rents. The property is located in a high-demand pocket of Mid-City just...

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Home facts

  • Year built:1920
  • Listing ID #:2556130
  • Added:169 day(s) ago
  • Updated:October 26, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,340 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Ductless, Heating, Wall Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Building area:3,340 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:City Lot, Rectangular Lot
  • Construction Materials:Wood Siding
  • Exterior Features:Balcony
  • Foundation Description:Raised
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$94.31

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