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Cash-Flowing STR | Louisiana Avenue
2108 Louisiana Ave New Orleans, LA 70115
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Overview
Introducing the historical 2108 Louisiana Avenue, located in Uptown New Orleans, just blocks off of St. Charles Avenue. The property consists of two distinct units, each offering four generously sized bedrooms and two bathrooms, ensuring both comfort and privacy for its guests.
The upstairs unit is actively operating as a short-term rental (STR), while the downstairs unit is currently leased on a long-term basis. Additionally, the ownership entity possesses over $60,000 in federal historic tax credits, further enhancing the property's value and investment appeal.
Enjoy the convenience of being within walking distance of the St. Charles Streetcar, and Mardi Gras parade routes! Situated within 2 miles of Downtown, Audubon Park, the Superdome, and more, you'll have easy access to all the best that New Orleans has to offer. Walk to nearby parades, restaurants, and entertainment, making this the perfect location for experiencing the city's vibrant culture.
Attachments
For Sale
Multifamily
Secondary Uses: Low Rise
- Sale Price
- $680,000
- Price Per SF
- $154.5/SF
- Cap Rate
- 12.84%
- Building Size
- 4,400 SF
- Acres
- 0.089 ac
- Zoning
- HU-MU
- Net Operating Income
- $87,294
- Number of Buildings
- 1
- Floors
- 2
- Construction Siding
- Wood
- Construction Type
- Framed
- Submarket
- Uptown-Garden District
- Nearest MSA
- New Orleans-Metairie
- Property Status
- Existing
- Total Units
- 2
- County
- Orleans Parish
- Created
- 2024-12-05
- Updated
- 2025-06-25
- Listing ID
- 0c4baa4c
- Parcel APN
- 614310109