$465,000
$525,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
3821 23 CLEVELAND AVE New Orleans, LA 70119
11 Beds
7 Baths
4,704 SqFt
Key Details
Sold Price $465,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,704 sqft
Price per Sqft $98
MLS Listing ID 2507771
Sold Date 08/27/25
Style Traditional
Bedrooms 11
Full Baths 7
Construction Status Very Good Condition
HOA Y/N No
Year Built 1928
Lot Size 4,948 Sqft
Acres 0.1136
Property Sub-Type Other
Property Description
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 $111.61 per sq ft!! Full occupancy monthly revenue is $6650 and all units are currently rented and always very easy to rent with multiple applications submitted. 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!
Location
State LA
County Orleans
Interior
Heating Central, Window Unit
Cooling Central Air, Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Parking Features Off Street
Pool None
Water Access Desc Public
Roof Type Asphalt,Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 105302721
Financing Conventional
Special Listing Condition None
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Bought with LATTER & BLUM (LATT18)
