1222 S SALCEDO Street, New Orleans, LA 70125
$569,000
Property Type:
MultiFamily
Square Footage:
3,842
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$569,000
List Date:
2/04/2026
Last Modified:
3/20/2026
Description
Owner financing available. Tenant-occupied 3-unit multifamily investment opportunity generating $4,395 per month in current gross rental income. This income-producing property offers approximately 3,842 square feet, off-street parking, updated interiors, and a flexible multi-unit layout in a convenient New Orleans location. Strong in-place cash flow and value-add potential make this a solid opportunity for investors. This property is part of a larger portfolio sale, please reach out for the full list of properties.
Supplements: ********
More Information MLS# NO2548574
Listing Info
Delayed Marketing: No
List Price/SqFt: 148.1
Document Modified: 2026-03-19 14:46:28.483918
Status: Active
Listing Date: 2026-02-04
Listing Price: 569000
Current Price: $569,000
Type: Triplex
Modification Timestamp: 2026-03-20T01:01:01Z
Photo Modified: 2026-03-19T19:46:30Z
Location, Tax & Legal Info
Legal Desc: SQ 505 LOT 12 SO SALCEDO 30' X 145' 2"
General Property Description
Lot Dimensions: 30 x 145
Stories: 2
SqFt - Total: 3842
SqFt - Source: Measured
Number of Units: 3
Acres: 0.1
Remarks & Misc
Remarks: Owner financing available. Tenant-occupied 3-unit multifamily investment opportunity generating $4,395 per month in current gross rental income. This income-producing property offers approximately 3,842 square feet, off-street parking, updated interiors, and a flexible multi-unit layout in a convenient New Orleans location. Strong in-place cash flow and value-add potential make this a solid opportunity for investors. This property is part of a larger portfolio sale, please reach out for the full list of properties.
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Construction
Block: 1
Brick: 1
Other: 1
Foundation
Slab: 1
Exterior
Balcony: 1
Roof
Composition: 1
Heating
Central: 1
Cooling
Central Air: 1
Fencing
Other: 1
Financing
Owner Finance: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 57446115
Originating System Listing ID: 2548574
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 1222
Dir: S
Street Name: SALCEDO Street
Parish: Orleans
State: LA
Zip Code: 70125
Tax Assessment Number: 102209210
Directions: Bounding Streets: Erato St, S. Gayoso St, and Clio St.
Property Features
Construction: Block; Brick; Other
Foundation: Slab
Roof: Composition
Heating: Central
Cooling: Central Air
Exterior: Balcony
Fencing: Other
Financing: Owner Finance
Documents
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Listing Office:
Talbot Realty Group
IDX
Last Updated: March - 20 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.