Active

2714 N Galvez Street

New Orleans, LA 70117
Mark as Favorite
Bed 12

Bed

Bath 6

Bath

SqFt5,252

Sqft

Acres0.11

Acre(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 floor plans Downstairs Units: 4 units — 2 x 2-bedroom, 1-bath and 2 x 1-bedroom, 1-bath units, each with separate water & electricity meters and central air Ample Storage space throughout the building This is your chance to own a premium investment property that is cash-flowing and poised for growth. Whether you're looking for steady monthly income or a 1031 Exchange opportunity, this property is a standout. Bonus: Seller Financing & Bond for Deed Friendly! This turnkey property won’t last long! Owner/Agent is a licensed real estate professional. Don’t miss out – schedule a viewing today!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $624,999

AD Id : 74336698

MLS Id : 2538908

Beds : 12

Lot Size : 0.11 Acre

Living Area Size : 5,252

Year Built : 2023

County : Orleans

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 12

    Bathroom Information

    Full Baths: 6 Half Baths: 0

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Room Information

    Total Square Feet Living: 5252 Total Rooms: 0
  • Interior Features

    Roof: Shingle Exterior Property Features: Balcony,Fence Windows: Screens Cooling Features: Window Unit(s) Heating Features: Ductless,Window Unit,Wall Furnace

  • Building Information

    Year Built: 2023 Roof: Shingle
  • Exterior Features

    Balcony,Fence

  • Lot Information

    Lot Features: City Lot,Irregular Lot
  • Property Information

    SQ ft: 5,252 Source Listing Status: Active Property Subtype: Apartment Building Exterior Type: Block,Concrete,Wood Siding Foundation Details: Slab Property Age: 3 Property Condition: Excellent Levels or Stories: Two

  • Listing Price Information

    Original List Price: $624,999

  • Tax Information

    Parcel Number: 701172714NGalvezST12
Sell a home like this and save $37,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2140 Louisa Street, New Orleans, LA, 70117 $180,000 2 1 1,150 1,150 SqFt
1330 Independence Street, New Orleans, LA, 70117 $184,000 3 1 810 810 SqFt
5010 St. Claude Avenue, New Orleans, LA, 70117 $250,000 4 2 2,574 2,574 SqFt
5000 St. Claude Avenue, New Orleans, LA, 70117 $250,000 4 2 2,574 2,574 SqFt
2245 St Claude Avenue, New Orleans, LA, 70117 $299,000 -- -- 3,600 3,600 SqFt
2313 N Johnson Street, New Orleans, LA, 70117 $240,000 3 2 1,404 1,404 SqFt
1012 Delery Street, New Orleans, LA, 70117 $150,000 3 2 1,122 1,122 SqFt
2365 N Tonti Street, New Orleans, LA, 70117 $100,000 3 2 1,268 1,268 SqFt
2420 Dubreuil Street, New Orleans, LA, 70117 $184,900 3 2 1,082 1,082 SqFt
6416 N Galvez Street, New Orleans, LA, 70117 $140,000 5 2 1,611 1,611 SqFt

Each Internet Data Exchange Participant will place, or cause to be placed, on his Internet Data Exchange web site on the opening page displaying copyright data of NOMAR, a button named “Terms and Conditions” (or such similar name) with the following information clearly displayed:

(i) "Copyright 2026 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited."

(ii) Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

(iii) The information being provided is for the consumer’s personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence.

(iv) By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, you may not use this site in any way. Your continued use of this site, and/or its affiliates’ sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.

(v) In the event that Firm needs to make the IDX Data available to a third party Consultant, Firm agrees to require such third party to execute this Agreement and become a Consultant for the exclusive purpose of posting the data to Firms website. A user id and password(s) will be assigned for this purpose. Passwords cannot be shared. Neither a Participant nor Consultant may share a password with any party not authorized in this Agreement.

ByOwner last updated this listing 06/24/2026 @ 02:07

MLS: 2538908 LISTED BY: Justin Lee, Fleur De Lee Realty, LLC 678-250-4114 SOURCE: NOMAR

Homes around $624,999

Selling? Save $37,001 when you sell a home like this

Tour with a ByOwner Agent