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22-Unit Value Add Multifamily Portfolio

2210 bienville st 2853 dryades st 1917 leonidas street New Orleans, LA 70119

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Overview

This 22-unit multifamily portfolio is 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. 2210 Bienville St is an 8-unit apartment building with an off-street parking lot. 2853 Dryades St is an 8-unit property in the Faubourg Delassize neighborhood in close proximity to Mardi Gras parade routes. 1917 Leonidas St is a 6-unit property with off-street parking and gated and fenced unit entry. Dryades St and Leonidas Street are stabilized and cash flowing, while the property on Bienville Street is in need of repairs and is currently under-occupied. • Mix of value add and stabilized properties • Off-street parking at 2 properties • All properties within 15 minutes of each other ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Offering Memorandum” below. From there, you’ll be 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
$2,100,000
Price Per SF
$193.7/SF
Building Size
10,840 SF
Acres
0.146 ac
Max Contiguous
10,840
Number of Buildings
1
Floors
2
Construction Siding
Brick
Construction Type
Masonry
Rentable SF
10,840
Submarket
Greater New Orleans
Nearest MSA
New Orleans-Metairie
Property Status
Existing
In Opportunity Zone
Yes
County
Orleans Parish
Created
2023-10-04
Updated
2025-03-27
Listing ID
8c7e892d
Parcel APN
206202203