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6-Unit Stabilized and Cash Flowing Multifamily Opportunity

1917 Leonidas St New Orleans, LA 70118

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Overview

Now available for sale, 1917 Leonidas St is an 6-unit value add multifamily opportunity. The property is equipped with off-street parking and gated and fenced unit entry. The property is currently stabilized and cash flowing. The property is additionally for sale in a portfolio comprised of three, two-story buildings all within 15 minutes of one another. With a mix of value-add and stabilized properties, there is opportunity for the new owner to increase equity through renovations and new tenants. • Value Add opportunity • Stabilized and cash flowing • Off-street parking and gated and fenced unit entry • Two other properties available for sale as portfolio – Contact agent ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Offering Memorandum” below. From there, you’ll be redirected to our website, able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

For Sale

Multifamily

Secondary Uses: Low Rise

Sale Price
$515,000
Price Per SF
$189.8/SF
Building Size
2,714 SF
Acres
0.09 ac
Zoning
HU-RD2
Max Contiguous
2,714
Number of Buildings
1
Floors
2
Year Built
1970
Construction Siding
Brick
Construction Type
Masonry
Submarket
Greater New Orleans
Property Status
Existing
County
Orleans Parish
Created
2023-12-12
Updated
2025-02-19
Listing ID
3cad2821
Parcel APN
716302512