$7,594 per month actual gross income. PRICE REDUCTION! Bridgewater Realty Advisors presents a fully renovated, turn-key 6 unit apartment complex located near Napoleon Avenue and S. Broad Street intersection in New Orleans, LA. The 100% occupied community offers six (6) renovated units amongst 3 stories.
All of the units have been renovated to some degree, allowing for a new owner to capture the maximum rents the area will allow for these unit layouts. The property boast a 100% occupancy rate and the Broadmoor area is highly sought after by prospective tenants.
This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint by purchasing a fully turn key asset in a great neighborhood of New Orleans that will see demand and appreciation for years to come.
Active
Price cut: $50K (5/30)
$825,000
4237 Fontainebleau Dr, New Orleans, LA 70125
9beds
5,952sqft
Est.:
Multi Family, Apartment
Built in 1950
-- sqft lot
$-- Zestimate®
$139/sqft
$-- HOA
What's special
Renovated units
- 137 days
- on Zillow |
- 115 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 09:39am
Listed by:
Mason McCullough 504-298-8631,
Bridgewater Realty Advisors, LLC 504-901-0463,
Bryce Danna-Marullo 504-301-5583,
Bridgewater Realty Advisors, LLC
Source: GSREIN,MLS#: 2493974

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Window Unit
Cooling
- Window Unit(s)
Interior area
- Total interior livable area: 5,952 sqft
Property
Parking
- Parking features: None
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 2,960 Square Feet
- Dimensions: 2960
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 1
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Flat
Condition
- Excellent
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $456,700
- Annual tax amount: $6,119
- Date on market: 3/28/2025
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