2225 DUMAINE Street, New Orleans, LA 70119
Orleans County
Key Facts
Description
Investment Opportunity in Treme! Fully Occupied Multifamily Excellent income-producing opportunity in historic Treme! This fully occupied four-unit multifamily property offers immediate cash flow and strong investment potential. The property features four total units, including: One 2-bedroom / 1-bath unit, Two 1-bedroom / 1-bath units, & One studio apartment. Recent renovations include updated kitchens, bathrooms, flooring, paint, and more, providing modern finishes while maintaining neighborhood charm. Ideally located just blocks from the Lafitte Greenway and minutes to Bayou St. John and the French Quarter, this property sits in a rapidly developing area with strong rental demand. Buyer to verify zoning and all measurements.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Style
Cottage
Year Built
1923
Living Area
3,005 sq ft
Lot Size
0.07 acres
Lot Dimensions
137X130X46
MLS® Listing#
2552668
Property Features
Cooling
Pool
Parking
Patio
Lot Features
Foundation
Roof
Sewer
Water Source
Financial Details
Parcel Number
207108323
Affordability Calculator
$87,980
Estimated monthly payment
$2,341/mo
Principal $351,920 · Est. interest $490,960 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Orleans, LA
- $342,436
- Median Listing Price
- 96
- Median Days on Market
- 1,820
- Median Sq Ft
- $188
- Median Price / Sq Ft
- 2,587
- Active Listings
- This home’s price is 28% above the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Orleans, LA.
Location
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EXIT Agents in New Orleans
Listing Courtesy: NOLA Living Realty - 5043019757