$1,125,000

Estimated payment $7,131/month

Total Views 3,047
6 Beds
8 Baths
4,480 Sq Ft
$251 Price per Sq Ft

Highlights

  • 0.19 Acre Lot
  • Closed Circuit Camera
  • Property is in excellent condition
  • Oversized Lot
  • Central Heating and Cooling System
  • 1-minute walk to Markey Park

About This Home

Back on the Market! Great opportunity to purchase a high occupancy multi-family asset in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building is well maintained and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.

Listing Agent

Phillipa Bowers

REVE, REALTORS License #995703036 Listed on: 03/01/2025

REVE, REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,021

Year Built

  • Built in 2019

Lot Details

  • 8,398 Sq Ft Lot
  • Lot Dimensions are 70 x 120
  • Oversized Lot
  • Property is in excellent condition

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 4,480 Sq Ft Home
  • Property has 1 Level
  • Closed Circuit Camera
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Additional Features

  • Energy-Efficient Insulation
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 6 Units
  • Bywater Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 39W107816

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,021

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1928
  • Lot Size: 70 x 120
  • Subdivision Name: Bywater
  • Architectural Style: Other
  • Entry Level: 1
  • Unit Levels: One
  • Efficiency: Insulation
  • Building Stories: 1
  • Year Built: 2019
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 4480.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Off Street, Three or more Spaces

Utilities

  • Laundry Features: In Unit
  • Security: Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 39W107816
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 6

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,021 $83,500 $25,200 $58,300
2024 $11,188 $83,500 $25,200 $58,300
2023 $10,933 $80,900 $16,800 $64,100
2022 $10,933 $77,700 $16,800 $60,900
2021 $11,761 $80,900 $16,800 $64,100
2020 $11,761 $80,900 $16,800 $64,100
2019 $5,409 $35,800 $15,900 $19,900
2018 $5,516 $35,800 $15,900 $19,900
2017 $5,267 $35,800 $16,800 $19,000
2016 $5,434 $35,800 $16,800 $19,000
2015 $5,322 $35,800 $4,200 $31,600
2014 -- $35,800 $4,200 $31,600
2013 -- $10,400 $6,720 $3,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 For Sale $1,125,000 0.0% $251 / Sq Ft
10/08/2024 10/08/24 Off Market $1,450 -- --
10/05/2022 10/05/22 For Rent $1,450 -- --
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,032,500 Future Advance Clause Open End Mortgage
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: ROAM MLS

MLS Number: 2488071

APN: 3-9W-1-078-16