Active
3821 23 CLEVELAND Avenue
New Orleans LA, 70119
$545,000
$115.86 per sqft
Active
11 Beds
7 Baths
4,704 sqft
Other
Built in 1928
Courtesy of Sandra Green with LATTER & BLUM (LATT01)
Fantastic opportunity to own a positive-cash-flow producing 5 plex in a high-demand Mid City location right off Canal Street and the streetcar line. Only $115.86/sq ft!! Full occupancy monthly revenue is $6650. (One unit is currently vacant by choice for showings.) All windows in the building have been replaced; there is a shared laundry area, and off street parking for 2 cars. Also, separate gas and electric meters; owner pays water. Central AC/heat in all units except for one (bottom unit 3821C) which has a mini split and window units. The building offers many appealing architectural features: high ceilings, wood floors, antique mantles, exposed brick, clawfoot tubs, no carpet. A great buy!
2477986
MLSⓇ ID
February 25, 2025
Listed
February 27, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
11
Total Bathrooms
7
Full Bathrooms
7
Laundry Description
Common Area
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Central, Window Unit
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
City Lot, Rectangular Lot
Architectural Style
Traditional
Roof
Asphalt, Shingle
Sewer
Public Sewer
Other Property Details
Days on Market
2
Garage
No
Parking
Off Street
View
No
County
Orleans
Water Source
Public
Pool Features
None
Listing Contact: (504) 259-8107
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Data last updated 4:42 PM UTC, 2/27/2025