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8-Unit Value Add Multifamily Opportunity

2853 Dryades St New Orleans, LA 70115

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Overview

Now available for sale, 2853 Dryades St is an 8-unit value add multifamily opportunity. The property is located within the Faubourg Delassize neighborhood in close proximity to Mardi Gras parade routes. 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 • Faubourg Delassize neighborhood, close proximity to Mardi Gras parade routes • 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
$850,000
Price Per SF
$208.3/SF
Building Size
4,080 SF
Acres
0.123 ac
Zoning
HU-RD2
Building Class
B
Max Contiguous
4,080
Number of Buildings
1
Floors
2
Construction Siding
Brick
Construction Type
Masonry
Submarket
Uptown-Garden District
Property Status
Existing
County
Orleans Parish
Created
2023-12-12
Updated
2025-02-19
Listing ID
a3ec53cc
Parcel APN
412202620