2714 N Galvez Street, New Orleans, LA 70117

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
2714 N Galvez Street,New Orleans, LA 70117
$624,999
  • - Beds
  • - Baths
  • 5,252 sq. ft.
  • Multi-family
  • Active
Listed by: justin lee
Office: fleur de lee realty, llc.
MLS#:NO2538908
Source:LA_RAAMLS

Price summary

  • Price:$624,999
  • Price per sq. ft.:$119

About this home

1031 Exchange or as a Cash Cow! This stunning, newly renovated 6-unit building is a money-making machine with significant upside potential. Currently, the property is generating only $5,800/month -- well below market value -- creating an exceptional opportunity for investors to maximize rental income. Section 8 Rent Potential: 1 Bedroom Units: $1,149/month each x 2 units = $2,298/month 2 Bedroom Units: $1,362/month each x 2 units = $2,724/month 3 Bedroom Units: $1,750/month each x 2 units = $3,500/month Total Potential Section 8 Income: $8,522/month That's a $102,264/year potential income! Key Features: Fully Renovated in 2023 from the studs up Professionally Managed, cash-flowing Section 8 rental Upstairs Units: 2 x 3-bedroom, 1-bath units with updated kitchens, hardwood floors, and open floor plans Downstairs Units: 4 units -- 2 x 2-bedroom, 1-bath and 2 x 1-bedroom, 1-bath units, each with separate water & electricity meters and central air Ample Storage space throughout the...

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Home facts

  • Listing ID #:NO2538908
  • Added:95 day(s) ago
  • Updated:April 25, 2026 at 03:09 PM

Rooms and interior

  • Living area:5,252 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition
  • Building area:5,252 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Block, Concrete, Wood Siding
  • Exterior Features:Balcony
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$624,999
  • Price per sq. ft.:$119

Features and amenities

  • Amenities:Balcony

Parking

  • Parking description:Parking Lot

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