Owner financing available. Tenant-occupied 3-unit multifamily investment opportunity generating $4,395 per month in current gross rental income. This income-producing property offers approximately 3,842 square feet, off-street parking, updated interiors, and a flexible multi-unit layout in a convenient New Orleans location. Strong in-place cash flow and value-add potential make this a solid opportunity for investors. This property is part of a larger portfolio sale, please reach out for the full list of properties.
Active
$569,000
1222 S Salcedo St, New Orleans, LA 70125
8beds
3,842sqft
Triplex, Multi Family, Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
Off-street parkingFlexible multi-unit layoutUpdated interiors
- 192 days
- 48
- 1
Zillow last checked:
Listing updated:
Listed by:
Christopher Talbot 504-319-1452,
Talbot Realty Group 504-525-9763
Source: GSREIN,MLS#: 2548574
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Interior area
- Total interior livable area: 3,842 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony, Fence
Lot
- Size: 4,356 Square Feet
- Dimensions: 30 x 145
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 102209210
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Brick, Block
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Very Good Condition
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $340,600
- Annual tax amount: $4,496
- Date on market: 2/4/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,718/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $569,000-1.2%$148/sqft |
Source:  GSREIN #2548574 Report a problem | ||
| 11/23/2024 | Listing removed | $1,350 |
Source: GSREIN #2460560 Report a problem | ||
| 7/28/2024 | Listed for rent | $1,350+50% |
Source: GSREIN #2460560 Report a problem | ||
| 11/23/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/14/2023 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 7/2/2023 | Listing removed | -- |
Source: GSREIN #2375294 Report a problem | ||
| 3/24/2023 | Listing removed | $576,000$150/sqft |
Source: GSREIN #2375294 Report a problem | ||
| 2/25/2023 | Price change | $576,000-7.8%$150/sqft |
Source: GSREIN #2375294 Report a problem | ||
| 12/23/2022 | Listed for sale | $625,000+4.3%$163/sqft |
Source: GSREIN #2375294 Report a problem | ||
| 6/26/2022 | Listing removed | -- |
Source: GSREIN #2338066 Report a problem | ||
| 6/2/2022 | Price change | $599,000-9.9%$156/sqft |
Source: GSREIN #2338066 Report a problem | ||
| 5/21/2022 | Price change | $665,000-0.7%$173/sqft |
Source: GSREIN #2338066 Report a problem | ||
| 5/6/2022 | Price change | $670,000-0.7%$174/sqft |
Source: GSREIN #2338066 Report a problem | ||
| 3/25/2022 | Listed for sale | $675,000+45.2%$176/sqft |
Source: GSREIN #2338066 Report a problem | ||
| 2/22/2022 | Listing removed | -- |
Source: GSREIN #2323675 Report a problem | ||
| 12/2/2021 | Listed for sale | $465,000+0.6%$121/sqft |
Source: GSREIN #2323675 Report a problem | ||
| 10/17/2021 | Listing removed | -- |
Source: GSREIN #2308865 Report a problem | ||
| 10/1/2021 | Price change | $462,125-2.7%$120/sqft |
Source: GSREIN #2308865 Report a problem | ||
| 7/16/2021 | Listed for sale | $475,000+2.8%$124/sqft |
Source: GSREIN #2308865 Report a problem | ||
| 7/16/2021 | Listing removed | -- |
Source: GSREIN #2295333 Report a problem | ||
| 5/27/2021 | Price change | $462,125-2.1%$120/sqft |
Source: GSREIN #2295333 Report a problem | ||
| 5/10/2021 | Price change | $472,125-0.1%$123/sqft |
Source: GSREIN #2295333 Report a problem | ||
| 4/15/2021 | Listed for sale | $472,625-0.5%$123/sqft |
Source: GSREIN #2295333 Report a problem | ||
| 4/9/2021 | Listing removed | -- |
Source: GSREIN #2270879 Report a problem | ||
| 2/8/2021 | Listed for sale | $475,000$124/sqft |
Source: GSREIN #2270879 Report a problem | ||
| 9/26/2013 | Sold | -- |
Source: GSREIN #963070 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,496 | $34,060 |
| 2025 | $4,496 -1.5% | $34,060 |
| 2024 | $4,564 -12.3% | $34,060 -7.9% |
| 2023 | $5,202 +5% | $36,970 +5% |
| 2022 | $4,954 +142.9% | $35,210 +148.5% |
| 2021 | $2,040 -1% | $14,170 |
| 2020 | $2,060 +111.7% | $14,170 +120% |
| 2019 | $973 | $6,440 |
| 2018 | $973 | $6,440 |
| 2017 | $973 -1.9% | $6,440 |
| 2016 | $992 +1.5% | $6,440 |
| 2015 | $977 | $6,440 -10.1% |
| 2014 | $977 +2.1% | $7,160 |
| 2013 | $957 | $7,160 |
| 2012 | -- | $7,160 -41.6% |
| 2010 | -- | $12,250 |
| 2009 | -- | $12,250 |
| 2007 | -- | $12,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Gert Town
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