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$769,000
5 Days On Site

2714 MILAN Street
New Orleans, LA 70115

For Sale|Quadruplex|Active
9
Beds
5.5
Total Baths
5
Full Baths
1
Partial Bath
5,749
SqFt
$134
/SqFt
1907
Built
County:
Orleans
Call Now: (504) 302-9590
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(504) 302-9590
2714 MILAN Street2714 MILAN Street2714 MILAN Street2714 MILAN Street
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Monthly Payment (Est.)

$3,508
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Rare opportunity to own a renovated fourplex in the heart of New Orleans’ highly desirable Freret Corridor, just blocks from Ochsner Baptist and surrounded by some of the city’s strongest rental demand. Blending historic New Orleans character with modern updates, this property offers a compelling mix of stability, NOLA history, and long-term upside. The property features four well-designed units totaling approximately 5,749 living square feet, with a current rental income of nearly $7,000/month and additional upside through lease optimization or owner occupancy. All units are tenant occupied, with two in month-to-month agreements, if the need is for owner occupancy. Originally built in 1907 and thoughtfully renovated, the property retains the charm and structural character today’s renters love, while offering the peace of mind of substantial updates and improvements. Spacious layouts, high ceilings, attractive curb appeal, and the walkable Freret location continue to drive strong tenant interest in today’s market. Investors seeking stabilized multifamily income in a high-demand area Owner-occupants looking to offset living expenses Mid-term or traveling medical professional rental strategies Buyers wanting a low-vacancy location and can walk to hospitals, universities, dining, and entertainment Fully renovated 4-plex Strong in-place rental income Opportunity for increased rents / value-add potential Blocks from Ochsner Baptist Desirable Freret neighborhood location Historic charm with modern functionality Independent tenant-paid appliances X flood zone appeal may help with insurance considerations (buyer to verify) Whether you are expanding your portfolio or looking for a strategic owner-occupied investment, this property checks the boxes for today’s New Orleans multifamily market. Shown by appointment only for occupied units. Include Proof of funds or preapproval with offers. Some photos have been vritually staged.

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Listing Snapshot
Price 
$769,000
Days On Site 
5 Days
Bedrooms 
9
Inside Area (SqFt) 
5,749 sqft
Total Baths 
5.5
Full Baths 
5
Partial Baths 
1
Lot Size 
0.1405 Acres
Year Built 
1907
MLS® Number 
2559886
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing first seen on site
6 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1405
Cross Street 
Magnolia, Clara, General Pershing
Foundation 
Raised
Levels 
Three Or More
Parking 
Off Street
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Style 
Craftsman
Water Source 
Public
Interior Features
Cooling 
Central AirWindow Unit(s)
Heating 
Central
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Exterior Features
Construction Details 
CedarWood Siding
Lot Features 
City LotRectangular Lot
Patio And Porch 
Porch
Roof 
AsphaltShingle
Listing courtesy of United Real Estate Partners LLC

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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