Value Add 4 Plex- 2229 Dumaine St
2229 Dumaine St New Orleans, LA 70119

Overview
This 4 plex is part of a 9 unit portfolio that can be purchased separately or together. This is a rare opportunity to own a beautifully renovated 9-unit portfolio in the vibrant New Orleans area. The portfolio includes two modern 4-plex buildings and a stylish single-family residence, offering flexibility to purchase the entire collection or select individual properties to suit your investment goals. Many of the units are fully furnished and boast high-end finished, providing a turnkey solution for investors or owner-occupants. Interiors have been meticulously updated, blending contemporary design with comfort and functionality. With a strong history of 100% occupancy and commanding premium rental rate, this portfolio promises immediate cash flow and long-term growth potential. Whether you’re looking to expand your investment portfolio or secure a profitable multi-property acquisition, this opportunity is not to be missed.
9% Cap as is
Value Add Potential
For Sale
- Sale Price
- $590,000
- Price Per SF
- $237.5/SF
- Cap Rate
- 9.03%
- Building Size
- 2,484 SF
- Acres
- 0.1314 ac
- Zoning Description
- Historic Urban Two Family Residential District
- Gross Income
- $78,420
- Net Operating Income
- $53,262
- Pro Forma NOI
- $56,987
- Total Expenses
- $21,237
- Year Built
- 1940
- Property Use Type
- Investment
- Average Occupancy Rate
- 100%
- Total Units
- 4
- County
- Orleans Parish
- Available
- 2025-07-24
- Created
- 2025-07-23
- Updated
- 2025-07-30
- Listing ID
- 90f7a254
- Parcel APN
- 207108324





















