2653-55 GLADIOLUS Street, New Orleans, LA 70122 (MLS# NO2565575)

2653-55 GLADIOLUS Street, New Orleans, LA 70122

New Listing
$245,000
Property Type: MultiFamily Square Footage: 1,470 Status: Pending
Current Price: $245,000 List Date: 6/30/2026 Last Modified: 7/02/2026

Overview

Description

$36,000 a year in rent currently - High Earning Real Estate Investment - Enjoy steady income from two units in the high demand Gentilly area. This is a great investment opportunity for new and experienced investors. - Also excellent option for house hackers looking to owner occupy. - High Cap Rate Gentilly Multifamily Investment in Great Condition 2 blocks to the nearest bus stop and steps from Milne Playground and a short drive to UNO and SUNO. Take advantage of this opportunity to increase your investment portfolio with an easy to manage property. Current tenants - one has lived here for 7 years and the other has a lease until Dec 2025, with the potential to continue his stay. Low maintenance property with new roof and new central air, driveway parking and nice sized backyard.

Listing Details MLS# NO2565575

Listing Info

Delayed Marketing
No
Listing Price
245000
List Price/SqFt
166.67
Type
Duplex
Modification Timestamp
2026-07-02T00:26:46Z
Photo Modified
2026-06-30T22:34:00Z

Location Tax Legal Info

Street Number
2653-55
Street Name
GLADIOLUS Street
Parish
Orleans
State
LA
Zip Code
70122
Tax Assessment Number
38W305922
Directions
Bounding Streets: Franklin Ave and Lotus St

General Property Description

Number of Units
2
Stories
Yes
SqFt - Total
1470
SqFt - Source
Public Record
Individual Metered?
No
Lot Dimensions
40x120

Status Change Info

Under Contract Date
2026-07-01

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
58946264
Originating System Listing ID
2565575
Originating System Name
ROAM Matrix

More Information

Location, Tax & Legal Info

Legal Desc
1. EDGEWOOD PK SQ 28 LOT C OR 2. LOTS 34-35 3. 40 X 120

Remarks & Misc

Remarks
$36,000 a year in rent currently - High Earning Real Estate Investment - Enjoy steady income from two units in the high demand Gentilly area. This is a great investment opportunity for new and experienced investors. - Also excellent option for house hackers looking to owner occupy. - High Cap Rate Gentilly Multifamily Investment in Great Condition 2 blocks to the nearest bus stop and steps from Milne Playground and a short drive to UNO and SUNO. Take advantage of this opportunity to increase your investment portfolio with an easy to manage property. Current tenants - one has lived here for 7 years and the other has a lease until Dec 2025, with the potential to continue his stay. Low maintenance property with new roof and new central air, driveway parking and nice sized backyard.

Office/Member/Contract Info

List AOR
NOMAR

Siding

Wood
Yes

Foundation

Piers
Yes

Patio

Porch
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Owner Pays

Water
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Property Features

Siding: Wood Foundation: Piers Roof: Composition Heating: Central Cooling: Central Air Owner Pays: Water Tenant Pays: Electric; Gas
IDX
Listing Office: Berkshire Hathaway HomeServices Preferred, REALTOR
Last Updated: July - 02 - 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.