1516 Gentilly Boulevard, New Orleans, LA 70119
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1516 Gentilly Boulevard,New Orleans, LA 70119
$329,900
- 4 Beds
- 3 Baths
- 1,904 sq. ft.
- Multi-family
- Active
Listed by: louis williams
Office: keller williams realty services
MLS#:2532295
Source:LA_GSREIN
Price summary
- Price:$329,900
- Price per sq. ft.:$173.27
About this home
This Fairgrounds investment opportunity offers two dedicated units, 4 total bedrooms, 3 total baths, and 1,904 square feet of flexible income producing space in one of New Orleans most walkable and sought after locations. The downstairs unit features 3 bedrooms and 2 full baths, while the upstairs flat functions as a private 1 bedroom, 1 bath apartment with its own rear entrance and is currently leased for 1,100 dollars per month. Whether you hold both units as rentals or live downstairs while the upper flat offsets your mortgage, the income potential is already built in. The main level blends classic New Orleans character with comfortable living. Original wood floors, tall ceilings, and natural light set the tone as you step into a large living room that flows into the dining space. The kitchen offers solid wood cabinetry and a layout ready for your personal upgrades. Three bedrooms make the downstairs unit ideal for long term tenants, short term uses, or an owner occupant setup. Two full baths and a convenient laundry area complete the main level. The upper unit adds true investment value. A separate exterior staircase leads to a bright studio style apartment with its own kitchen, living and sleeping area, and a full bath featuring a clawfoot tub. With steady demand in this area, this unit continues to be a reliable source of income. Outside, the fenced yard and the screened front porch give both units enjoyable outdoor space and that signature neighborhood charm the Fairgrounds area is known for. Located just steps from the Fairgrounds and minutes from Bayou St. John, City Park, coffee shops, restaurants, and local markets, this property sits in a high demand rental zone where opportunities like this rarely come available. Homes with built in income, flexible layouts, and this kind of location do not stay long. Schedule your showing today and explore what this multi family property can add to your portfolio.
Contact an agent
Home facts
- Year built:1946
- Listing ID #:2532295
- Added:90 day(s) ago
- Updated:February 25, 2026 at 04:10 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,904 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Central, Heating, Window Unit
Structure and exterior
- Roof:Shingle
- Year built:1946
- Building area:1,904 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$329,900
- Price per sq. ft.:$173.27
New listings near 1516 Gentilly Boulevard
- New
$234,000Active4 beds 2 baths1,853 sq. ft.3017-19 Music Street, New Orleans, LA 70122
MLS# NO2538650Listed by: KELLER WILLIAMS REALTY NEW ORLEANS - New
$1,250,000Active3 beds 2 baths2,423 sq. ft.6132 Constance Street, New Orleans, LA 70118
MLS# NO2544209Listed by: REVE, REALTORS - New
$189,000Active0.16 Acres1351 Filmore Avenue, New Orleans, LA 70122
MLS# NO2544302Listed by: KELLER WILLIAMS REALTY 455-0100 - New
$435,000Active2 beds 3 baths1,215 sq. ft.1008 Franklin Avenue, New Orleans, LA 70117
MLS# 2542161Listed by: WURTH REAL ESTATE SERVICES - New
$2,350,000Active9 beds 11 baths5,587 sq. ft.622 Esplanade Avenue, New Orleans, LA 70116
MLS# 2543957Listed by: WURTH REAL ESTATE SERVICES - New
$825,000Active4 beds 4 baths3,244 sq. ft.1712 Killdeer Street, New Orleans, LA 70122
MLS# 2544487Listed by: BURK BROKERAGE, LLC - New
$211,000Active-- beds 1 baths530 sq. ft.920 Poeyfarre Street #114, New Orleans, LA 70130
MLS# 2544496Listed by: BERKSHIRE HATHAWAY HOMESERVICES PREFERRED, REALTOR - New
$2,350,000Active9 beds 11 baths5,587 sq. ft.622 Esplanade Avenue, New Orleans, LA 70116
MLS# NO2543957Listed by: WURTH REAL ESTATE SERVICES - New
$825,000Active4 beds 4 baths3,244 sq. ft.1712 Killdeer Street, New Orleans, LA 70122
MLS# NO2544487Listed by: BURK BROKERAGE, LLC - Open Wed, 11am to 2pmNew
$1,999,000Active3 beds 4 baths2,770 sq. ft.7001 Magazine Street, New Orleans, LA 70118
MLS# 2544233Listed by: VALMONT REALTORS