Active

2714 Milan Street

New Orleans, LA 70115
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Bed 9

Bed

Bath 5

Bath

SqFt5,749

Sqft

Acres0.14

Acre(Lot)

Rare opportunity to own a renovated fourplex in the heart of New Orleans’ highly desirable Freret Corridor, just blocks from Ochsner Baptist and surrounded by some of the city’s strongest rental demand. Blending historic New Orleans character with modern updates, this property offers a compelling mix of stability, NOLA history, and long-term upside. The property features four well-designed units totaling approximately 5,749 living square feet, with a current rental income of nearly $7,000/month and additional upside through lease optimization or owner occupancy. All units are tenant occupied, with two in month-to-month agreements, if the need is for owner occupancy. Originally built in 1907 and thoughtfully renovated, the property retains the charm and structural character today’s renter s love, while offering the peace of mind of substantial updates and improvements. Spacious layouts, high ceilings, attractive curb appeal, and the walkable Freret location continue to drive strong tenant interest in today’s market. Investors seeking stabilized multifamily income in a high-demand area Owner-occupants looking to offset living expenses Mid-term or traveling medical professional rental strategies Buyers wanting a low-vacancy location and can walk to hospitals, universities, dining, and entertainment Fully renovated 4-plex Strong in-place rental income Opportunity for increased rents / value-add potential Blocks from Ochsner Baptist Desirable Freret neighborhood location Historic charm with modern functionality Independent tenant-paid appliances X flood zone appeal may help with insurance considerations (buyer to verify) Whether you are expanding your portfolio or looking for a strategic owner-occupied investment, this property checks the boxes for today’s New Orleans multifamily market. Shown by appointment only for occupied units. Include Proof of funds or preapproval with offers. Some photos have been vritually staged.

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Detail Ic Property Details

Property Type : Residential Income

Price : $767,000

AD Id : 79257452

MLS Id : 2559886

Beds : 9

Lot Size : 0.14 Acre

Living Area Size : 5,749

Year Built : 1907

County : Orleans

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Feature Features

  • Bedroom Information

    Total Bedrooms: 9

    Bathroom Information

    Full Baths: 5 Half Baths: 1

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Room Information

    Total Square Feet Living: 5749
  • Interior Features

    Roof: Asphalt,Shingle Exterior Property Features: Fence,Porch Cooling Features: Central Air,Window Unit(s) Heating Features: Central,Window Unit

  • Building Information

    Year Built: 1907 Roof: Asphalt,Shingle
  • Exterior Features

    Fence,Porch

  • Lot Information

    Lot Features: City Lot,Rectangular Lot
  • Property Information

    SQ ft: 5,749 Source Listing Status: Active Property Subtype: Quadruplex Building Exterior Type: Cedar,Wood Siding Foundation Details: Raised Property Age: 119 Property Condition: Very Good Condition Levels or Stories: Three Or More

  • Listing Price Information

    Original List Price: $767,000

  • Tax Information

    Parcel Number: 614334213
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2625 Robert Street, New Orleans, LA, 70115 $545,000 12 8 3,540 3,540 SqFt
4909 11 Carondelet Street, New Orleans, LA, 70115 $795,000 8 4 5,020 5,020 SqFt
432 38 Eighth Street, New Orleans, LA, 70115 $650,000 8 3 4,212 4,212 SqFt
3525 27 S Liberty Street, New Orleans, LA, 70115 $575,000 8 8 3,927 3,927 SqFt
1731 Louisiana Avenue, New Orleans, LA, 70115 $699,000 5 4 2,634 2,634 SqFt
2638 40 Louisiana Avenue, New Orleans, LA, 70115 $475,000 4 3 2,102 2,102 SqFt
3509 11 S Saratoga Street, New Orleans, LA, 70115 $99,000 2 2 2,015 2,015 SqFt
940 Louisiana Avenue, New Orleans, LA, 70115 $450,000 4 4 2,750 2,750 SqFt
2329 Rousseau Street, New Orleans, LA, 70115 $360,000 4 2 1,640 1,640 SqFt
3019 21 S Saratoga Street, New Orleans, LA, 70115 $165,000 2 2 1,055 1,055 SqFt

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ByOwner last updated this listing 06/22/2026 @ 01:30

MLS: 2559886 LISTED BY: Luke Garris, United Real Estate Partners LLC 504-305-4930 SOURCE: NOMAR

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