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Owner Financing! Multifamily Investment- Fully Occupied 5 unit

1716 Marais St, New Orleans, LA 70116

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Overview

1714-16 Marais Street is a 5-unit apartment complex that was recently constructed in 2022 and currently fully occupied. Nestled in a highly sought-after location that is minutes from the French Quarter, Treme, and Bywater, this property seamlessly combines luxury, convenience, and smart investment potential. The 3-story building consists of five (5) 2 bedroom1 bathroom units that are each approx. 900 square feet each. The immediate return on investment is evident as all five units are currently leased, offering a stable and predictable income stream. The building's construction prioritizes low maintenance, utilizing high-quality materials and energy-efficient features, ensuring minimal upkeep and reduced utility costs. Additionally, the property boasts low insurance costs due to its adherence to the latest safety standards and age of new roof. This investment promises long-term success, withthe property poised for significant appreciation over time. Schedule your viewing today and secure your stake in this exceptional investment opportunity.

$7,500 per year in taxes

$11,000 per year in Insurance

For Sale

Multifamily

Secondary Uses: Low Rise

Sale Price
$799,000
Price Per SF
$145.3/SF
Building Size
5,500 SF
Acres
0.07 ac
Zoning
HMR-2
Number of Buildings
1
Floors
3
Year Built
2022
Submarket
Greater New Orleans
Nearest MSA
New Orleans-Metairie
Property Status
Existing
In Opportunity Zone
Yes
Total Units
5
County
Orleans Parish
Available
11/18/2025
Created
01/05/2024
Updated
12/05/2025
Listing ID
52bc633c
Parcel APN
37W103410