LKV Realty
Logo
$535,000
$2,900Reward *
3215 DRYADES Street, New Orleans, LA 70115Listing ID 2566711

3215 DRYADES Street, New Orleans, LA 70115

Active
Time on site: 185 daysLast updated: Jul 8, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
6
Square Feet
Square Feet
2,700
Acres
Acres
0.11
Days on Site
Days on Site
185
Cooling
Cooling
Window Unit(s)
Heating
Heating
Window Unit
Year Built
Year Built
2000
Stories
Stories
2
Parking
Parking
Driveway, Off Street, Parking Lot

SELLER FINANCING - 6%, 30 year Amortization, 5 yr Balloon. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. $5,850/month gross income. This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio. Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3–5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers. The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.

Property Information

Property Details

Location

Address
3215 DRYADES Street
County
Orleans
City
New Orleans
Zip Code
70115

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
6

Building

Building Information

Square Feet
2,700
Year Built
2000
Stories
2
Construction
Brick
Foundation
Slab
Roof
Shingle
Condition
Very Good Condition

Financial

Special Conditions
None
Bridgewater Realty Advisors, LLC, (504) 901-0463

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.

MCCUMASO • GRIFCAME