211 S Olympia Street
New Orleans, LA 70119
8
Bed
4
Bath
3,340Sqft
0.09Acre(Lot)
**PRICED $35,000 BELOW RECENT APPRAISAL**This classic New Orleans fourplex at 211 S. Olympia Street presents the ideal hybrid for a savvy investor: immediate in-place rental income from two units paired with massive renovation upside. Priced at $315,000, this property is a prime value-add opportunity in one of the city's most resilient rental submarkets. The property consists of four 2-bedroom, 1-bathroom shotgun-style units, with the upper units featuring private balconies that offer charming neighborhood views.The heavy lifting on the infrastructure has already been handled, providing a rare head start with a new roof and a new sewer line already in place. Currently, two of the four units are occupied and generating rental income. This allows a new owner to collect rent from day one whil
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 8Bathroom Information
Full Baths: 4Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Ductless, WallFurnace Has Cooling: Yes Cooling: WindowUnits
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Building Information
Year Built: 1920Construction Materials: WoodSidingStories: 2Patio And Porch Features: BalconyPool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: Balcony
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Lot Information
Lot Dimensions: 32 x 127 Main Square Feet: 0.0933 Lot Size Acres: 0.0933 Lot Description: CityLot,RectangularLot
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Listing Price Information
Listing Price: $315000Original Price: $375000
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Tax Information
Parcel Number: 105308803 Tax Legal Desc: SQ 820 LOT 3 SOUTH OLYMPIA 32 X 127 M/A CHNG 1/17/06
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Virtual Tour
Parking Information
None
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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 |
|---|---|---|---|---|---|
| 527 S Galvez Street, New Orleans, LA, 70119 | $290,000 | 4 | -- | 1,644 | 0.09 Acre |
| 2649 51 Ap Tureaud Avenue, New Orleans, LA, 70119 | $200,000 | 4 | 2 | 1,416 | -- |
| 2931 St Philip Street, New Orleans, LA, 70119 | $550,000 | 6 | 4 | 2,990 | 0.08 Acre |
| 2556 58 Orleans Avenue, New Orleans, LA, 70119 | $549,000 | 5 | 4 | 2,900 | -- |
| 4519 Dhemecourt Street, New Orleans, LA, 70119 | $469,000 | 4 | 4 | 2,144 | 0.11 Acre |
| 431 & 429 S Genois Street, New Orleans, LA, 70119 | $415,000 | 6 | 2 | 1,979 | 0.08 Acre |
| 1516 Gentilly Boulevard, New Orleans, LA, 70119 | $275,000 | 4 | -- | 1,904 | 0.07 Acre |
| 4149-51 Canal Street, New Orleans, LA, 70119 | $559,000 | 5 | 3 | 2,902 | 0.08 Acre |
| 2600 02 Annette Street, New Orleans, LA, 70119 | $269,000 | 6 | -- | 2,180 | 0.09 Acre |
| 2821 23 Banks Street, New Orleans, LA, 70119 | $399,999 | 8 | 4 | 3,312 | -- |
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ByOwner last updated this listing 09/22/2026 @ 02:20
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