Active
Sale
Investment
Multifamily

1917 Leonidas St

1917 Leonidas St, New Orleans, LA 70118

For Sale

$499,000

$207.92/SF$83,166.67/Unit

Total Units
6
Building Size
2,400 SF
Lot Size
0.1 ac
Parish
Orleans
Listed
08/11/2026
Updated
08/11/2026
Cap Rate
9.71%
1917 Leonidas St
1 / 1

Overview

1917 Leonidas Street is a 6-plex (1 Bed/1 Bath) multifamily investment property with 100% occupancy.

Each unit is approximately 400 Square Feet. Currently has a blend of cash paying tenants and Section 8/HANO tenants.

Currently being offered at a 9.7% cap rate offering immediate cash flow to a new buyer.

This property is being listed individually or can be packaged with 2210 Bienville Street and 2853 Dryades Street.

Additional Information

City
New Orleans
State
LA
Zip Code
70118
Zoning
HU-RD2
Zoning Desc.
Historic Urban Two Family Residential District
NOI
$48,449
Building Class
C
Year Built
1970
Property Use Type
Investment
Property Status
Existing
Avg. Occupancy
100%
Total Units
6
Parcel APN
716302512
Listing ID
951f8bdf

Parcel & Location