1700 S Rampart Street, New Orleans, LA 70113
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1700 S Rampart Street,New Orleans, LA 70113
$775,000
- 3 Beds
- 4 Baths
- 4,486 sq. ft.
- Multi-family
- Active
Listed by: tracy ball
Office: reve, realtors
MLS#:NO2501837
Source:LA_RAAMLS
Price summary
- Price:$775,000
- Price per sq. ft.:$172.76
About this home
Calling all investors! This impressive seven-unit CASH COW offers a blend of character, comfort, and convenience. Featuring rich hardwood floors, lofty ceilings, and a private backyard, the property is flooded with natural light and was fully renovated eight years ago, with additional upgrades completed since. Bohemian and yet modern, the lower level includes four studio units, while the upper floor offers two one-bedroom apartments and a spacious three-bedroom unit, complete with dual balconies. Perfect for mid-term or long term rentals, your tenants can enjoy scenic downtown views, a generous front porch, expansive windows in select units, and the added convenience of on-site laundry. Don't miss your chance to own this exceptional, income-generating gem! 10.6% in-place cap rate with a ~7.9% conservative underwritten cap, offering strong cash flow, downside protection, and financing flexibility.
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Home facts
- Listing ID #:NO2501837
- Added:89 day(s) ago
- Updated:December 31, 2025 at 05:11 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,486 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Heat
Structure and exterior
- Roof:Composition
- Building area:4,486 sq. ft.
- Lot area:0.08 Acres
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$172.76
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