Suzanne Kelly

3207 Bienville Avenue
New Orleans, LA 70119

$499,000 - Status: Active
MLS# 200SWX

Fantastic Investment Opportunity in the Heart of Mid-City!Discover this income-producing fourplex at 3207-3209 Bienville Street, ideally located in one of New Orleans' most desirable and convenient neighborhoods! This multifamily property features four spacious units, each offering 2 bedrooms and 1 bathroom, for a total of 8 bedrooms and 4 bathrooms.All four units feature updated kitchens with modern cabinets, quartz countertops, and updated appliances, while both upstairs units boast new flooring. These improvements only boost the property's appeal while maintaining its classic New Orleans charm.All four units are currently leased, generating a combined $4,750 in monthly rental income, or $57,000 annually! With established tenants and an existing rental income stream, this property presents an excellent opportunity for investors looking to expand their portfolios with an income-producing asset.Situated in the heart of Mid-City, this property offers convenient access to Bayou St. John, the Lafitte Greenway, City Park, neighborhood restaurants, shopping, and entertainment. Its central location also provides easy access to downtown New Orleans, the French Quarter, and major transportation routes.Whether you're a seasoned investor or looking to add your first multifamily property to your portfolio, this fourplex offers an appealing combination of recent updates, established rental income, and a sought-after Mid-City location. Don't miss this opportunity to own a fully leased, income-producing property in the heart of New Orleans!

Property Features

MLS#: 200SWX
Zip: 70119
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Number of Units: 4
Cooling: Window Unit(s)
Days on Site: 1
Heating: Multiple Units
Lot Size: 0.07 acres
Roof Type: Shingle
Taxes: $5,690
Year Built: 1920

Feature Descriptions

Appliances: Electric Range, Refrigerator
Community Features: Curbs, Street Lights, Sidewalks
Exterior: Aluminum Siding, Stucco
Flooring: Ceramic Tile, Laminate, Tile
Interior Features: High Ceilings, Varied Ceiling Heights, Shower/Tub Combo
Laundry: Electric Dryer Hookup, Washer Hookup, In Unit
Lot Description: Interior Lot
Lot Dimensions: 30x102
Parcel#: 3207-BIENVILLEST
Parking: Driveway, Varies by Unit
Parking Notes: Driveway, Varies by Unit
Security: Smoke Detector(s)
Sewer: Public Sewer
Units: 4
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Window: Wood Frames

Local Schools

School District: Orleans Parish

3207 Bienville Avenue | MLS# 200SWX

This multi-family property located at 3207 Bienville Avenue , New Orleans, LA 70119 is currently listed for sale with an asking price of $499,000. Bienville Avenue is located within the Orleans Parish school district. Search New Orleans real estate on suzannekelly.riccire.com today.

Listed By / Shown By

Listed By

Agency Name: Crescent Sotheby's International
Agency Phone: 504-944-3605

Shown By

Agent Name: Suzanne Kelly
Agent Phone: (504) 330-0812
Agency Title: Ricci Real Estate

IDX logo

Ask a Question

Ask a Question

AGENT INFORMATION

Ricci Real Estate Suzanne Kelly (504) 330-0812

Login to My Homefinder