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2714 Milan Street
New Orleans, LA 70115

$769,000 - Status: Active
SQFT: 5,749
MLS# 2559886

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 Features

MLS#: 2559886
Zip: 70115
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Number of Units: 4
Cooling: Central Air, Window Unit(s)
Days on Site: 3
Fenced: Yes
Heating: Central, Window Unit
Home Style: Quadruplex, Craftsman
Lot Size: 0.14 acres
Roof Type: Asphalt, Shingle
Stories: 3.0

Feature Descriptions

Exterior: Cedar, Wood Siding
Exterior Features: Fence, Porch
Lot Description: City Lot, Rectangular Lot
Lot Dimensions: 51-120
Parking: Off Street
Patio/Porch: Porch
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 4
Water: Public

2714 Milan Street | MLS# 2559886

This multi-family property located at 2714 Milan Street , New Orleans, LA 70115 is currently listed for sale with an asking price of $769,000. Search New Orleans real estate on www.wendybenedetto.com today.

Listed By / Shown By

Listed By

Agency Name: United Real Estate Partners LLC
Agency Phone: (504) 305-4930

Shown By

Agency Title: Wendy Benedetto, LLC
Agency Phone: (504) 382-7492

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