1905 FRANCE Street, New Orleans, LA 70117
Orleans County
Key Facts
Description
LIKE NEW six-unit multifamily property renovated in 2022 with a focus on durability, efficiency, and ease of ownership. Major systems—including electrical, plumbing, roofing, siding, and complete interiors —were updated to reduce ongoing maintenance and management costs and fire walls were added for safety. Very profitable and fully leased, it has a fantastic Cash on Cash Return of 9.97%. Each 1BD/1BA unit features modern finishes and practical design choices aimed at long-term performance. Ideal for investors seeking predictable returns without the upkeep headaches, this turn-key asset offers a low-hassle path to rental income in the New Orleans market. Each unit has an assigned parking space as well as its own water meter and electric meter. There is no gas to the property. CALL BLAINE TODAY FOR MORE DETAILS!
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
Other
Year Built
2022
Living Area
3,100 sq ft
Lot Dimensions
6198
Days on Market
76
MLS® Listing#
2540785
Property Features
Cooling
Pool
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Rooms
- Bedroom10x10Lower
Financial Details
Parcel Number
701171905FRANCESTC
Affordability Calculator
$130,000
Estimated monthly payment
$3,460/mo
Principal $520,000 · Est. interest $725,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Orleans, LA
- $342,333
- Median Listing Price
- 94
- Median Days on Market
- 1,824
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 2,631
- Active Listings
- This home’s price is 90% above the area median.
- Its price per sq ft is 11% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Orleans, LA.
Location
- 1905 FRANCE Street, New Orleans, LA 70117
Points of Interest in New Orleans, LA
Showing the New Orleans area map.
Nearby Schools
Akili Academy
School · 0.3 mi away
Arise Academy
School · 0.6 mi away
Frederick Douglass High School
Secondary · 0.7 mi away
Lawless High School
Secondary · 1.0 mi away
Drking Charter School
School · 1.1 mi away
New Orleans School of Metal Smithing
School · 1.3 mi away
Frederick A. Douglass High School
Secondary · 1.4 mi away
Toddler's University
School · 1.4 mi away
Kipp Leadership Primary-Colton
Elementary · 1.4 mi away
George Washington Carver High School
Secondary · 1.5 mi away
New Orleans Military and Maritime Academy
School · 1.6 mi away
Crescent Leadership Academy
School · 1.9 mi away
Stuart R Bradley School
Elementary · 1.9 mi away
Bethune Elementary Charter School
Elementary · 1.9 mi away
International School
Secondary · 2.0 mi away
Harriet Tubman Charter School
Elementary · 2.0 mi away
State of Louisiana Recovery School District Charter Schools
Elementary · 2.0 mi away
Martin Behrman Charter School
School · 2.1 mi away
Arabi Elementary School
Elementary · 2.1 mi away
Martin Behrman Charter School: Academy of Creative Arts and Sciences
School · 2.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4445 DEMONTLUZIN Street, New Orleans, LA | $459,900 | 5 | 5 | 3,194 |
| 6214 CAMERON Boulevard, New Orleans, LA | $460,000 | 6 | 3 | 3,068 |
| 5510 CANAL Boulevard, New Orleans, LA | $460,000 | 6 | — | 3,370 |
| 622 24 S PIERCE Street, New Orleans, LA | $469,000 | 6 | — | 2,430 |
| 2732 34 IBERVILLE Street, New Orleans, LA | $469,000 | 6 | — | 2,462 |
| 736 38 S GENOIS Street, New Orleans, LA | $469,000 | 6 | — | 2,462 |
Moving Cost Estimate
EXIT Agents in New Orleans
Listing Courtesy: Forte Realty, LLC - 5042762668