2714 Milan Street, New Orleans, LA 70115
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: luke garris
Office: united real estate partners llc.
MLS#:NO2559886
Source:LA_RAAMLS
Price summary
- Price:$762,000
- Price per sq. ft.:$132.54
About this home
Rare opportunity to own a renovated fourplex in the heart of New Orleans' highly desirable Freret Corridor, just blocks from Ochsner Baptist and surrounded by some of the city's strongest rental demand. Blending historic New Orleans character with modern updates, this property offers a compelling mix of stability, NOLA history, and long-term upside. The property features four well-designed units totaling approximately 5,749 living square feet, with a current rental income of nearly $7,000/month and additional upside through lease optimization or owner occupancy. All units are tenant occupied, with two in month-to-month agreements, if the need is for owner occupancy. Originally built in 1907 and thoughtfully renovated, the property retains the charm and structural character today's renters love, while offering the peace of mind of substantial updates and improvements. Spacious layouts, high ceilings, attractive curb appeal, and the walkable Freret location continue to drive strong tenant interest in today's market. Investors seeking stabilized multifamily income in a high-demand area Owner-occupants looking to offset living expenses Mid-term or traveling medical professional rental strategies Buyers wanting a low-vacancy location and can walk to hospitals, universities, dining, and entertainment Fully renovated 4-plex Strong in-place rental income Opportunity for increased rents / value-add potential Blocks from Ochsner Baptist Desirable Freret neighborhood location Historic charm with modern functionality Independent tenant-paid appliances X flood zone appeal may help with insurance considerations (buyer to verify) Whether you are expanding your portfolio or looking for a strategic owner-occupied investment, this property checks the boxes for today's New Orleans multifamily market. Shown by appointment only for occupied units. Include Proof of funds or preapproval with offers. Some photos have been vritually staged....
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Home facts
- Listing ID #:NO2559886
- Added:45 day(s) ago
- Updated:July 11, 2026 at 07:19 PM
Rooms and interior
- Living area:5,749 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Central Heat
- Central air:Yes
Structure and exterior
- Roof:Composition
- Building area:5,749 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Wood Siding
- Exterior Features:Porch
- Foundation Description:Pillar/Post/Pier
- Levels:3 Story
Finances and disclosures
- Price:$762,000
- Price per sq. ft.:$132.54
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