2714 MILAN ST New Orleans, LA 70115
9 Beds
5.5 Baths
5,749 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,749 sqft
Price per Sqft $128
MLS Listing ID 2559886
Style Craftsman
Bedrooms 9
Full Baths 5
Half Baths 1
Construction Status Very Good Condition
HOA Y/N No
Year Built 1907
Lot Size 6,120 Sqft
Acres 0.1405
Property Sub-Type Quadruplex
Property Description
The property offers approximately 5,749 living sq ft across four units: (2) 2-bed/1-bath, (1) 2-bed/2-bath and (1) 3-bed/2-bath. All units are tenant occupied, with two currently month-to-month, providing immediate income with future flexibility.
Originally built in 1907 and thoughtfully renovated, the property combines historic New Orleans character with modern functionality. Spacious layouts, high ceilings, attractive curb appeal and substantial updates provide an appealing combination of established income and reduced immediate renovation needs.
LOCATION ADDS TO THE INVESTMENT STORY — just a few short blocks from Trader Joe's and the popular Freret St Corridor, with convenient access to Ochsner Baptist, universities, dining, shopping and entertainment.
For experienced investors comparing opportunities across asset classes, 2714–20 Milan offers a compelling combination of IN-PLACE CASH FLOW, four income-producing units, a strong rental location and long-term appreciation potential. Additional opportunity may exist through future rent optimization. X flood zone; buyer to verify flood designation, insurance, expenses and all financial information.
Financial information available upon request. Shown by appointment only for occupied units. Proof of funds or preapproval requested with offers. Some photos have been virtually staged.
Location
State LA
County Orleans
Interior
Heating Central, Window Unit
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Exterior Feature Fence, Porch
Parking Features Off Street
Water Access Desc Public
Roof Type Asphalt,Shingle
Porch Porch
Building
Lot Description City Lot, Rectangular Lot
Entry Level Three Or More
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories Three Or More
Construction Status Very Good Condition
Others
Tax ID 614334213
Special Listing Condition None
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