Under Contract

2514 16 S Tonti Street

New Orleans, LA 70125
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Bed 6

Bed

Bath 4

Bath

SqFt2,507

Sqft

Value-Add 4-Plex Opportunity Bank-owned 4-unit property with serious upside for the right investor. Currently 2 units rented, 2 vacant. The property is in poor condition and needs a full renovation, making this a true value-add project with major equity and cash flow potential once stabilized. Perfect for an investor ready to renovate, reposition, and maximize rents. Opportunities like this don’t come around often.

Detail Ic Property Details

Property Type : Residential Income

Price : $180,000

AD Id : 74565464

MLS Id : 2539579

Beds : 6

Living Area Size : 2,507

Year Built : 1977

County : Orleans

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Full Baths: 4 Half Baths: 0

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Room Information

    Total Square Feet Living: 2507
  • Interior Features

    Roof: Shingle Cooling Features: Window Unit(s) Heating Features: Window Unit

  • Building Information

    Year Built: 1977 Roof: Shingle

  • Lot Information

    Lot Features: City Lot,Irregular Lot
  • Property Information

    SQ ft: 2,507 Source Listing Status: Active Under Contract Directions: GPS Property Subtype: Quadruplex Building Exterior Type: Shingle Siding,Shake Siding Foundation Details: Slab Property Age: 49 Property Condition: Average Condition Levels or Stories: Two

  • Listing Price Information

    Original List Price: $180,000

  • Tax Information

    Parcel Number: 412404621
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3212 Milan Street, New Orleans, LA, 70125 $399,500 4 3 1,764 1,764 SqFt
2321 S Roman Street, New Orleans, LA, 70125 $185,000 3 2 1,165 1,165 SqFt
4232 Fontainebleau Drive, New Orleans, LA, 70125 $698,000 4 3 3,528 3,528 SqFt
3116 Jackson Avenue, New Orleans, LA, 70125 $285,000 3 2 1,765 1,765 SqFt
3507 S Tonti Street, New Orleans, LA, 70125 $199,500 3 2 1,195 1,195 SqFt
3030 1st Street, New Orleans, LA, 70125 $325,000 4 2 1,620 1,620 SqFt
2313 Seminole Place, New Orleans, LA, 70125 $308,000 3 2 1,620 1,620 SqFt
2340 Rex Place, New Orleans, LA, 70125 $70,000 3 2 1,409 1,409 SqFt
3502 S Tonti Street, New Orleans, LA, 70125 $329,000 3 2 1,550 1,550 SqFt
3634 1st Street, New Orleans, LA, 70125 $199,900 3 2 1,128 1,128 SqFt

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ByOwner last updated this listing 06/25/2026 @ 15:08

MLS: 2539579 LISTED BY: Brittny McKay, Brittny McKay Real Estate 504-517-5151 SOURCE: NOMAR

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