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$ 999,000
Est. payment /mo
Pending
1114 N DORGENOS ST New Orleans, LA 70119
16 Beds
8 Baths
8,640 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 8,640 sqft
Price per Sqft $115
MLS Listing ID 2547318
Style Traditional
Bedrooms 16
Full Baths 8
Construction Status Excellent
HOA Y/N No
Year Built 1970
Property Sub-Type Apartment
Property Description
Investment opportunity in the Historic Tremé – just 5 minutes from the French Quarter! This fully occupied 8 plex at 1114 N Dorgenois Street combines classic New Orleans charm with modern amenities and reliable income, making it a standout 1031 exchange opportunity or a smart addition to any investment portfolio. Each spacious unit is tenant-occupied and cash flowing, generating a total of $10,000 per month in rental income. Tenants enjoy central AC, in-unit washer/dryer, large closets, all appliances, and ample storage. The property also features a dedicated parking lot with assigned tenant parking- a rare find in this area. Recent upgrades include a brand new roof and a current termite contract for added peace of mind. Located in an X flood zone, this property sits outside the high-risk flood area, reducing insurance costs. Ready for both seasoned investors and those expanding their portfolio, this turnkey asset offers consistent returns in one of New Orleans' most culturally rich neighborhoods.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry In Unit
Exterior
Parking Features Off Street, Parking Lot
Pool None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Excellent
Others
Tax ID 320
Special Listing Condition None
Listed by Century 21 J. Carter & Company
Schools Near
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