Duplex & Multi Family For Sale in 70121, LA

Calling all investors and house hackers! Fully occupied fourplex in Old Jefferson offering an exciting value-add opportunity. This two-story property features four one-bedroom, one-bath units with approximately 2,476 square feet of living area. All four leases are currently month-to-month, providing flexibility for future improvements and rent increases.Current rents total $2,650 per month, or $31,800 annually, and are below nearby market rents. The included pro forma projects rents of $1,150 per unit, while an analysis reports an average and median of $1,295 for nearby one-bedroom rentals.The property needs updates, allowing its next owner to improve the units while capturing meaningful rental upside. Conveniently located by Ochsner Medical Center, Oak Street, Earhart Expressway, the Mississippi River and New Orleans. An incredible opportunity to acquire an income-producing property with strong value-add potential!

Duplex + Efficiency Unit — Fully Rented and incoming producing at $2850 per month.  Each unit has its own water and electric meters and tenants pay their own utilies.   This corner-lot property includes a 2-unit duplex (each 1BD/1BA) plus a separate efficiency unit, all fully rented with tenants paying their own utilities. Units A and B feature central air/heat, while the efficiency has a window unit. All units on separate meters. Close to Elmwood Shopping Center, Huey P. Long Bridge, hospitals, restaurants, and more. Ideal for investors seeking steady income with built-in tenant occupancy.

Massive lot offering strong upside with potential commercial and residential zoning options. Three existing structures currently produce rental income. Investors can hold and collect rents while planning future development, including potential build-out on the rear portion of the property.

Two separate homes on one lot! This unique property offers a great opportunity for investors or owner-occupants looking for additional rental income. The rear home (Roof replaced 7/2024) features 3 bedrooms and 1.5 bathrooms, while the separate front home (roof replaced 2022) offers 1 bedroom and 1 bathroom. Both residences feature their own private entrances, living areas, and kitchens. Additional highlights include ample off-street parking, covered parking, separate electric and gas meters, and one shared water meter. Live in one home and rent the other, or add both to your investment portfolio! Schedule your private showing today!

Perfect owner occupied double , long term investment or single family with auxiliary suite located 3 blocks from River Road &the Mississippi River levee in Old Jefferson (X flood)This pristine property blends restored historic features (antique doors, vintage hardware,& beautifully refinished original hardwood floors) with a to the studs, floor to ceiling renovation featuring brand new Owens Corning Duration shingle roof; gutters; new sheetrock, new insulation with sound barriers; updated electrical; LED lighting; new gas water heater up & tankless gas water heater down; updated plumbing; plus 2 brand new Goodman central HVAC systems. Owner's/primary unit lives like a single family dwelling complete w/ separate parking for multiple vehicles and large tree shaded rear yard. Spacious Layout w/large living room/dining, 3 light-filled bedrooms, 2 stylishly renovated bathrooms; brand new kitchen. Upstairs unit features living room plus separate office (great for students/work from home tenants) or as a small nursery/ guest bedroom (no closet) Fully equipped kitchen, in unit washer/dryer , walk in closet. Unit is accessible via a private entrance, complete with small courtyard down plus upper balcony. Separate electric meters. This location garners high tenant interest for major medical centers, law and medical schools, Ochsner Hospital Main Campus and Dr John Ochsner Discovery Health Sciences Academy located nearby. 3 blocks from River Road and the Mississippi River Levee running/bike path! Whether you're looking for a new home with great income to offset your note, or your next investment property in a demand area with high appreciation, this pristine property will offer you years of no/low maintenance with a high return on your investment. ( Rental values based on area market analysis of similar units.)

Prime Investment Opportunity: 3-Unit Multi-Family in Historic Old JeffersonAttention buyers and agents: bring your offers! This historic triplex offers the ultimate combination of original character, modern updates, and unmatched income potential. High Yield Potential: Estimated $3,300+/month in gross rental income based on current market comps.100% Vacant & Move-In Ready. Fill all three units immediately upon closing.Unbeatable Location. Just minutes from Ochsner Main Campus, Elmwood, and downtown New Orleans.Multi-family properties in this location at this price point don't last long. Schedule your showing today before it's gone!