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2828 LOUISIANA Avenue, New Orleans, LA 70115

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For Sale

$385,000

4,328 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $88.96
    Price per square foot

Explore this Property

New Low Price! Priced Below Market Don t Miss This Opportunity! Excellent opportunity to own a 4-unit multifamily property, each unit offering 2 bedrooms and 2 bathrooms. Three of the four units are currently rented, generating consistent income. The fourth unit is vacant and offers flexibility for owner occupancy, long-term rental, or short-term rental (Airbnb potential). With projected gross rental income of at least $7,268/month, this property delivers instant cash flow. 2025 HANO payments are now $1,817 per unit. Two units can increase rent at lease anniversary in August 2025, One unit can increase rent at lease anniversary in October 2025, vacant unit can rent for $1,817 now. While the house needs updating, repairs, and some overall TLC it s priced to sell and great for both first-time investors and experienced buyers looking to add value. Spacious units, great layout, and located in a strong rental market don t miss this opportunity to build equity and generate income from day one!
MLS# 2507465

Courtesy Of Keller Williams Realty 455-0100

(504) 455-0100

Property Features

  • Architecture Style
    Cottage
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 2828 LOUISIANA Avenue, New Orleans, LA 70115

Home seller CENTURY 21 J. Carter & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J. Carter & Company

(504) 810-2825
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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