2714 Milan Street
New Orleans, LA 70115
9
Bed
0
Bath
5,749Sqft
0.14Acre(Lot)
EXCELLENT RETURNS INVESTMENT OPPORTUNITY in the heart of New Orleans’ highly desirable Freret Corridor. This renovated, fully occupied 4-plex is currently generating $6,700/month — $80,400 in annual gross rental income — representing approximately 11.0% GROSS YIELD at the $732,500 asking price before operating expenses. The property offers approximately 5,749 living sq ft across four units: (2) 2-bed/1-bath, (1) 2-bed/2-bath and (1) 3-bed/2-bath. All units are tenant occupied, with two currently month-to-month, providing immediate income with future flexibility. Originally built in 1907 and thoughtfully renovated, the property combines historic New Orleans character with modern functionality. Spacious layouts, high ceilings, attractive curb appeal and substantial updates provide an a
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 9Bathroom Information
Full Baths: 5 Half Baths: 1Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central, WindowUnit Has Cooling: Yes Cooling: CentralAir, WindowUnits
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Building Information
Year Built: 1907Construction Materials: Cedar, WoodSidingStories: 3Patio And Porch Features: PorchPrivate Pool: No -
Exterior Features
Exterior Features: Fence, Porch
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Lot Information
Lot Dimensions: 51-120 Main Square Feet: 0.1405 Lot Size Acres: 0.1405 Lot Description: CityLot,RectangularLot
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Listing Price Information
Listing Price: $729000Original Price: $769000
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Tax Information
Parcel Number: 614334213 Tax Legal Desc: SQ 638 LOT 18 PT LOT 19 MILAN 51X120 2714-20 MILAN ST 4-PLEX FILE #81973 2/01 SEIZ TAX SALE REDEMPTION REC'VD
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Virtual Tour
Parking Information
OffStreet
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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 |
|---|---|---|---|---|---|
| 3655 57 Tchoupitoulas S.., New Orleans, LA, 70115 | $385,000 | 4 | 2 | 1,314 | 0.09 Acre |
| 1736-1738 38 Bordeaux S.., New Orleans, LA, 70115 | $499,725 | 2 | 2 | 1,840 | 0.11 Acre |
| 2425-27 Nashville Avenue, New Orleans, LA, 70115 | $450,000 | 4 | 2 | 2,375 | -- |
| 2525-27 Nashville Avenue, New Orleans, LA, 70115 | $385,000 | 2 | 2 | 1,976 | -- |
| 1921 23 Toledano Street, New Orleans, LA, 70115 | $325,000 | 5 | 4 | 2,144 | 0.07 Acre |
| 5209 11 Tchoupitoulas S.., New Orleans, LA, 70115 | $299,000 | 2 | -- | 1,366 | -- |
| 4627-4629 Baronne Street, New Orleans, LA, 70115 | $899,000 | 6 | 6 | 3,887 | 0.10 Acre |
| 2032 - 34 34 Cadiz Street, New Orleans, LA, 70115 | $430,000 | 2 | 2 | 1,900 | -- |
| 2320-24 Nashville Avenue, New Orleans, LA, 70115 | $745,000 | 8 | 4 | 4,828 | -- |
| 3513-15 Annunciation St.., New Orleans, LA, 70115 | $1,199,000 | 4 | 3 | 2,873 | -- |
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Nearby For Sale
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 09/22/2026 @ 04:24
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