Multi Family homes for sale & real estate in Orleans Parish, LA

Multi Family Home for sale in Orleans Parish, LA:

OWNER is a licensed Real Estate Agent in the State of Louisiana. Great Investment Opportunity – Cash-Flowing Duplex in the Heart of New Orleans! This shotgun double / duplex is in good condition and located in a desirable X flood zone of New Orleans. This property offers an excellent chance for both investors and owner-occupants to step into a ready-to-go rental opportunity. The left side of the duplex is tenant-occupied by a long-term renter on a month-to-month lease. This tenant benefits from Section 8 rental assistance, paying just $218/month, with Section 8 contributing $1,032/month— for a total of $1250 per month on that side, offering stable, guaranteed income. The right s

Multi Family Home for sale in Orleans Parish, LA:

Great opportunity to claim your piece of New Orleans with an investment opportunity! Duplex in the developing Musicians Village neighborhood with long-term tenants on both sides currently generating income. Built around 2012-2013, so the property is in nice shape without some of headaches that come with older homes. Near some of the best New Orleans food spots and close to the interstate for easy travel to the Quarter or wherever you're headed. Both units are occupied with long term tenants. Solid income-generating property in a neighborhood that continues to grow. You're getting cash flow from day one with a duplex that doesn't need major work. Measurements are approximate and not gaurante

Multi Family Home for sale in Orleans Parish, LA:

* * Exciting Opportunity! * * * * Prime Mid-City Location – Versatile Multi-Family Home! * * Get ready to be wowed by this expansive multi-family property in a prime mid-city neighborhood! The ground floor can also be great for any commercial venture you can dream up. Want a chic café? A trendy shop? Or maybe a spacious family home? The sky's the limit with this gem! Don't miss out on making this your dream investment!

Multi Family Home for sale in Orleans Parish, LA:

Acquire a fully leased Mid-City double, one block off Canal Street. 114–116 S Hennessey Street offers in-place income of $5,100/month ($61,200 annualized) with upside through rent increases or short-term rental activation (114 is currently permitted for STR). Zoned HU-MU (Historic Urban Mixed-Use), this ±3,584 SF property sits in Flood Zone X and conveys with furnishings and appliances (tenant personal items excluded). New roof Dec 2023. The 114 side ($2,400/month) is on a month-to-month lease, giving a buyer immediate flexibility to reset rents or pursue STR use. The 116 side ($2,700/month) is leased through March 2026. Previous STR operations on 114 generated $43,800/year, de