2714 N Galvez Street
New Orleans, LA 70117
12
Bed
6
Bath
5,252Sqft
0.11Acre(Lot)
1031 Exchange or as a Cash Cow! This stunning, newly renovated 6-unit building is a money-making machine with significant upside potential. Currently, the property is generating only $5,800/month — well below market value — creating an exceptional opportunity for investors to maximize rental income. Section 8 Rent Potential: 1 Bedroom Units: $1,149/month each x 2 units = $2,298/month 2 Bedroom Units: $1,362/month each x 2 units = $2,724/month 3 Bedroom Units: $1,750/month each x 2 units = $3,500/month Total Potential Section 8 Income: $8,522/month That’s a $102,264/year potential income! Key Features: Fully Renovated in 2023 from the studs up Professionally Managed, cash-flowing Section 8 rental Upstairs Units: 2 x 3-bedroom, 1-bath units with updated kitchens, hardwood floors, and open
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Full Baths: 6Roofing Information
Shingle -
Interior Features
Roof: ShingleWindow Features: Screens -
Heating & Cooling
Has Heating: Yes Heating: Ductless, Window Unit, Wall Furnace Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 2023Construction Materials: Block, Concrete, Wood SidingStories: 2Patio And Porch Features: BalconyPrivate Pool: No -
Exterior Features
Exterior Features: Balcony, Fence
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Lot Information
Lot Dimensions: 30X124,24X31 Main Square Feet: 0.1147 Lot Size Acres: 0.1147 Lot Description: City Lot,Irregular Lot
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Listing Price Information
Listing Price: $624999
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Tax Information
Parcel Number: 701172714NGalvezST12 Tax Lot: 12 Tax Legal Desc: SQ 1014 LOT 12 30X141 & PT 10-11 24X32 C/BLOCK FR BLDG 6/APTS 34/RMS 2714-16 N.ALVEZ ST
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Virtual Tour
Parking Information
Off Street, Parking Lot
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1716 Port Street, New Orleans, LA, 70117 | $220,000 | 3 | 2 | 1,377 | 1,377 SqFt |
| 2412 N Rampart Street, New Orleans, LA, 70117 | $1,599,000 | 7 | 5 | 3,891 | 3,891 SqFt |
| 3618 N Miro Street, New Orleans, LA, 70117 | $289,000 | 3 | 3 | 1,689 | 1,689 SqFt |
| 625 Forstall Street, New Orleans, LA, 70117 | $239,000 | 2 | 2 | 1,066 | 1,066 SqFt |
| 1337 Charbonnet Street, New Orleans, LA, 70117 | $199,900 | 3 | 2 | 1,500 | 1,500 SqFt |
| 1325 Charbonnet Street, New Orleans, LA, 70117 | $199,900 | 3 | 2 | 1,500 | 1,500 SqFt |
| 822 Clouet Street, New Orleans, LA, 70117 | $417,500 | 2 | 2 | 1,350 | 1,350 SqFt |
| 1734 Congress Street, New Orleans, LA, 70117 | $170,000 | 2 | 2 | 924 | 924 SqFt |
| 1030 France Street, New Orleans, LA, 70117 | $198,000 | 2 | 1 | 960 | 960 SqFt |
| 817-19 Egania Street, New Orleans, LA, 70117 | $335,000 | 6 | 4 | 2,940 | 2,940 SqFt |
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ByOwner last updated this listing 08/08/2026 @ 04:07
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