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4415 35 Wilson Avenue

New Orleans, LA 70126
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Bed 28

Bed

Bath 16

Bath

SqFt8,360

Sqft

Acres0.32

Acre(Lot)

This well-maintained 12-unit apartment community, located at 4415–4435 Wilson Avenue in New Orleans, presents a compelling investment opportunity with strong in-place cash flow and operational stability. The property consists of twelve units totaling twenty-eight bedrooms and sixteen bathrooms, featuring a desirable mix of four (4) 3-bedroom/2-bath units and eight (8) 2-bedroom/1-bath units. The asset generates approximately $12,141 in monthly rental income (once the last unit is leased), with additional revenue from on-site laundry. It is currently supported by a solid 92% occupancy rate. Originally renovated in 2019, the property features updated electrical, plumbing, roofing, and window systems, contributing to reduced maintenance and long-term durability. Each unit is individually me tered, enhancing expense control and operational efficiency. The gross building area is approximately 8,360 square feet and includes 16 off-street parking spaces. The property is located in a favorable Flood Zone X. A purchaser has the ability to acquire this stabilized asset and continue raising rents to market levels, with the potential to improve the cap rate to 10%+. NOI: $86,519 CAP Rate: 8.65% Gross Rents: $12,141 /month or $145,692 /year All information is deemed reliable but is not guaranteed. Buyers and Buyers’ agents are advised to verify all information, measurements, and details independently. Contact the agents for additional information or to schedule a showing: Cameron Griffin: cameron@bridgewater.realty Rami Khodr: rami@bridgewater.realty

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $965,000

AD Id : 76649129

MLS Id : 2550516

Beds : 28

Lot Size : 0.32 Acre

Living Area Size : 8,360

Year Built : 2017

County : Orleans

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Feature Features

  • Bedroom Information

    Total beds: 28

    Bathroom Information

    Full Baths: 16

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
    Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2017
    Construction Materials: Brick, Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Dimensions: 13986 Main Square Feet: 0.3211 Lot Size Acres: 0.3211 Lot Description: City Lot,Rectangular Lot

  • Listing Price Information

    Listing Price: $965000
    Original Price: $1000000

  • Tax Information

    Parcel Number: 39W908716 Tax Legal Desc: ORANGEDALE SQ 2 LOT 9A 100X139.86

  • Location Information

    WaterSource: Public
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Nearby Home Value

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4563 Louisa Drive, New Orleans, LA, 70126 $265,000 3 2 1,842 1,842 SqFt
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4530 Louisa Drive, New Orleans, LA, 70126 $205,000 3 3 1,826 1,826 SqFt
7533 Mayo Road, New Orleans, LA, 70126 $240,000 4 2 2,164 2,164 SqFt
4052 St Ferdinand Street, New Orleans, LA, 70126 $150,000 3 1 1,064 1,064 SqFt
7301 Newcastle Street, New Orleans, LA, 70126 $250,000 4 2 2,219 2,219 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/08/2026 @ 16:43

MLS: 2550516 LISTED BY: Cameron Griffin, Bridgewater Realty Advisors, LLC 504-901-0463 SOURCE: NOMAR

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