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!
Pending
Price cut: $4K (7/19)
$385,000
2828 Louisiana Ave, New Orleans, LA 70115
8beds
4,328sqft
Est.:
Quadruplex, Multi Family, Single Family Residence
Built in 1970
-- sqft lot
$-- Zestimate®
$89/sqft
$-- HOA
What's special
Spacious unitsGreat layout
- 64 days
- on Zillow |
- 203 |
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