701 Gordon Street, New Orleans, LA 70117

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
701 Gordon Street,New Orleans, LA 70117
$220,000
  • 4 Beds
  • 2 Baths
  • 1,438 sq. ft.
  • Multi-family
  • Active
Listed by: anjel rowan
Office: anjel rowan
MLS#:2582071
Source:LA_GSREIN

Price summary

  • Price:$220,000
  • Price per sq. ft.:$152.99

About this home

LET'S TALK NUMBERS! If you are a yield-driven investor searching for a defensive, cash-flowing asset in the historic Holy Cross area, your opportunity has arrived to own this low-maintenance all brick double on a solid slab foundation with a new roof. Current FEMA maps indicate the dwelling is located in a preferred Flood Zone X which helps maximize your ROI from day one. Picture a fully stabilized scenario where this "Power-HOUSE" is locked into a government-backed Section 8 ceiling of approximately $2,600 per month. With low overhead expenses, your net operating income has nice potential. Each 2Bd/1BA unit features high-demand features like a private driveway and its own backyard. One side is occupied for immediate cash flow so you can optimize the vacant unit to its full potential. Don't just look at today's numbers- check out the pro-forma metrics (Run the Numbers) and see how this property secures your portfolio's yield. Present your offer today!

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Home facts

  • Year built:1977
  • Listing ID #:2582071
  • Added:6 day(s) ago
  • Updated:October 21, 2026 at 05:59 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,438 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Gas, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1977
  • Building area:1,438 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:City Lot, Corner Lot
  • Architectural Style:Ranch
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$220,000
  • Price per sq. ft.:$152.99

Features and amenities

  • Laundry features:Washer Hookup

Parking

  • Parking description:Driveway, Off Street

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