815 17 Sumner Street, New Orleans, LA 70114
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
815 17 Sumner Street,New Orleans, LA 70114
$265,000
- 6 Beds
- 2 Baths
- 3,326 sq. ft.
- Multi-family
- Pending
Listed by: arielle brown
Office: the investment house
MLS#:2548722
Source:LA_GSREIN
Price summary
- Price:$265,000
- Price per sq. ft.:$79.68
About this home
Investment opportunity at 815–817 Sumner featuring a well-maintained duplex with immediate income and significant upside potential in a great location. The property includes an additional detached structure of approximately 1,100 sq ft. This property delivers a compelling combination of existing income, extensive updates, and future development potential. Looking to scale cash flow and build long-term equity? One unit is currently tenant-occupied at $1,338/month (lease through October 31), offering stable cash flow from day one. The property is also eligible for a HANO 3-bedroom voucher, creating strong potential for consistent, reliable rental income. ------------------
This asset has undergone major capital improvements, including roof work, plumbing upgrades, repaired A/C, new windows, updated flooring, and new tile in the kitchen. Additional enhancements include freshly painted cabinets, new blinds, updated ceiling fans, new exterior lighting, new switch covers, new toilet, and a new refrigerator. Some foundation repairs needed. The 817 unit features a new stove (2026), and gas service on the 815 side. ------------------
Both units offer washer/dryer hookups, with additional double hookups located in the backyard flex building, adding convenience and tenant appeal. ------------------ Separated electricity and gas but one water meter overall. Back unit is tied to the vacant, 817 side. ----
Value-Add Highlight:
The property includes an additional detached structure of approximately 1,100 sq ft, presenting a prime opportunity for expansion - additional land space behind the building would make potential courtyard. Electrical and water are available. A storage closet and space for a bathroom is also there - get creative! With the right improvements, this space could potentially be converted into one or two additional rental units, with an estimated $1,500/month in added rental income, significantly increasing overall cash flow and return on investment....
Contact an agent
Home facts
- Year built:1965
- Listing ID #:2548722
- Added:54 day(s) ago
- Updated:May 14, 2026 at 07:56 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Living area:3,326 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:1965
- Building area:3,326 sq. ft.
- Lot area:0.19 Acres
- Lot Features:City Lot, Rectangular Lot
- Architectural Style:Cottage
- Exterior Features:Fence, Porch
- Foundation Description:Raised
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$265,000
- Price per sq. ft.:$79.68
Features and amenities
- Appliances:ENERGY STAR Qualified Appliances
- Laundry features:Washer Hookup
Parking
- Parking description:Three or more Spaces
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