LKV Realty
Logo
$739,000
$3,900Reward *
2714 MILAN Street, New Orleans, LA 70115Listing ID 2559886

2714 MILAN Street, New Orleans, LA 70115

Active
Time on site: 84 daysLast updated: 5 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
5
Square Feet
Square Feet
5,749
Acres
Acres
0.14
Days on Site
Days on Site
83
Cooling
Cooling
Central Air, Window Unit(s)
Heating
Heating
Central, Window Unit
Year Built
Year Built
1907
Stories
Stories
3
Parking
Parking
Off Street

Rare opportunity to own a renovated fourplex in the heart of New Orleans’ highly desirable Freret Corridor, just blocks from Ochsner Baptist and surrounded by some of the city’s strongest rental demand. Blending historic New Orleans character with modern updates, this property offers a compelling mix of stability, NOLA history, and long-term upside. The property features four well-designed units totaling approximately 5,749 living square feet, with a current rental income of nearly $7,000/month and additional upside through lease optimization or owner occupancy. All units are tenant occupied, with two in month-to-month agreements, if the need is for owner occupancy. Originally built in 1907 and thoughtfully renovated, the property retains the charm and structural character today’s renters love, while offering the peace of mind of substantial updates and improvements. Spacious layouts, high ceilings, attractive curb appeal, and the walkable Freret location continue to drive strong tenant interest in today’s market. Investors seeking stabilized multifamily income in a high-demand area Owner-occupants looking to offset living expenses Mid-term or traveling medical professional rental strategies Buyers wanting a low-vacancy location and can walk to hospitals, universities, dining, and entertainment Fully renovated 4-plex Strong in-place rental income Opportunity for increased rents / value-add potential Blocks from Ochsner Baptist Desirable Freret neighborhood location Historic charm with modern functionality Independent tenant-paid appliances X flood zone appeal may help with insurance considerations (buyer to verify) Whether you are expanding your portfolio or looking for a strategic owner-occupied investment, this property checks the boxes for today’s New Orleans multifamily market. Shown by appointment only for occupied units. Include Proof of funds or preapproval with offers. Some photos have been vritually staged.

Property Information

Property Details

Location

Address
2714 MILAN Street
County
Orleans
City
New Orleans
Zip Code
70115

Interior Features

Beds and Baths

Bedrooms
9
Full Bathrooms
5
Half Bathrooms
1

Building

Building Information

Square Feet
5,749
Year Built
1907
Stories
3
Construction
Cedar, Wood Siding
Foundation
Raised
Roof
Asphalt, Shingle
Condition
Very Good Condition

Financial

Special Conditions
None
United Real Estate Partners LLC, (504) 305-4930

Market Report for 70115

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: ROAM MLS, LLC
ROAM MLS, LLC logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed

For corrections to this data please contact Brytecore MLS Support.

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