Active

1516 Gentilly Boulevard

New Orleans, LA 70119
Mark as Favorite
Bed 4

Bed

Bath 3

Bath

SqFt1,904

Sqft

Acres0.07

Acre(Lot)

This Fairgrounds investment opportunity offers two dedicated units, 4 total bedrooms, 3 total baths, and 1,904 square feet of flexible income producing space in one of New Orleans most walkable and sought after locations. The downstairs unit features 3 bedrooms and 2 full baths, while the upstairs flat functions as a private 1 bedroom, 1 bath apartment with its own rear entrance and is currently leased for 1,100 dollars per month. Whether you hold both units as rentals or live downstairs while the upper flat offsets your mortgage, the income potential is already built in. The main level blends classic New Orleans character with comfortable living. Original wood floors, tall ceilings, and natural light set the tone as you step into a large living room that flows into the dining space. The k itchen offers solid wood cabinetry and a layout ready for your personal upgrades. Three bedrooms make the downstairs unit ideal for long term tenants, short term uses, or an owner occupant setup. Two full baths and a convenient laundry area complete the main level. The upper unit adds true investment value. A separate exterior staircase leads to a bright studio style apartment with its own kitchen, living and sleeping area, and a full bath featuring a clawfoot tub. With steady demand in this area, this unit continues to be a reliable source of income. Outside, the fenced yard and the screened front porch give both units enjoyable outdoor space and that signature neighborhood charm the Fairgrounds area is known for. Located just steps from the Fairgrounds and minutes from Bayou St. John, City Park, coffee shops, restaurants, and local markets, this property sits in a high demand rental zone where opportunities like this rarely come available. Homes with built in income, flexible layouts, and this kind of location do not stay long. Schedule your showing today and explore what this multi family property can add to your portfolio.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $300,000

AD Id : 79430326

MLS Id : 2560296

Beds : 4

Lot Size : 0.07 Acre

Living Area Size : 1,904

Year Built : 1946

County : Orleans

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Full Baths: 3

    Room Information

    Rooms Total: 8

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Window Unit Has Cooling: Yes Cooling: Central Air, Window Unit(s)

  • Building Information

    Year Built: 1946
    Construction Materials: Stucco, Wood Siding
    Stories: 2
    Patio And Porch Features: Porch, Screened
    Private Pool: No
  • Exterior Features

    Exterior Features: Enclosed Porch, Fence

  • Lot Information

    Lot Dimensions: 35x93x32x108 Main Square Feet: 0.0719 Lot Size Acres: 0.0719 Lot Description: City Lot,Rectangular Lot

  • Listing Price Information

    Listing Price: $300000

  • Tax Information

    Parcel Number: 37W300802 Tax Legal Desc: SQ 1530 LOT Q GENTILLY BD 38 OVER 34 X 79 OVER 95

  • Location Information

    WaterSource: Public
Sell a home like this and save $17,501 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
2080/82 N Rocheblave St.., New Orleans, LA, 70119 $339,700 10 3 3,368 3,368 SqFt
928 30 N Miro Street, New Orleans, LA, 70119 $230,000 4 -- 2,160 2,160 SqFt
2421 23 Columbus Street, New Orleans, LA, 70119 $509,000 6 4 2,400 2,400 SqFt
608 10 N St Patrick Str.., New Orleans, LA, 70119 $375,000 4 4 2,850 2,850 SqFt
431 & 429 S Genois Street, New Orleans, LA, 70119 $415,000 6 2 1,979 1,979 SqFt
4149-51 Canal Street, New Orleans, LA, 70119 $580,000 5 3 2,902 2,902 SqFt
527 S Galvez Street, New Orleans, LA, 70119 $290,000 4 -- 1,644 1,644 SqFt
4125 27 D'hemecourt Str.., New Orleans, LA, 70119 $265,000 4 2 1,716 1,716 SqFt
4532-34 Orleans Avenue, New Orleans, LA, 70119 $759,000 8 6 4,488 4,488 SqFt
1021 23 N Lopez Street, New Orleans, LA, 70119 $899,000 4 3 2,957 2,957 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 08/07/2026 @ 16:10

MLS: 2560296 LISTED BY: Louis Williams, Keller Williams Realty Services 985-727-7000 SOURCE: NOMAR

Homes around $300,000

Selling? Save $17,501 when you sell a home like this

Tour with a ByOwner Agent