2714 MILAN Street, New Orleans, LA 70115
New Listing
$769,000
Property Type:
MultiFamily
Square Footage:
5,749
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$769,000
List Date:
5/26/2026
Last Modified:
5/27/2026
Listing Details MLS# NO2559886
Listing Info
- Delayed Marketing
- No
- Listing Price
- 769000
- List Price/SqFt
- 133.76
- Modification Timestamp
- 2026-05-27T14:52:24Z
- Photo Modified
- 2026-05-26T22:29:55Z
Location Tax Legal Info
- Street Number
- 2714
- Street Name
- MILAN Street
- Parish
- Orleans
- State
- LA
- Zip Code
- 70115
- Tax Assessment Number
- 614334213
- Directions
- Bounding Streets: Magnolia, Clara, General Pershing
General Property Description
- Number of Units
- 4
- Stories
- 3
- SqFt - Total
- 5749
- SqFt - Source
- Measured
- Lot Dimensions
- 51-120
- Acres
- 0.14
Currently Not Used
- Acreage Range
- 0 - 0.5
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 58354002
- Originating System Listing ID
- 2559886
- Originating System Name
- ROAM Matrix
Location, Tax & Legal Info
- 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
More Information
Remarks & Misc
- Remarks
- 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 renters 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.
Office/Member/Contract Info
- List AOR
- NOMAR
Siding
- Wood
- Yes
Foundation
- Piers
- Yes
Patio
- Porch
- Yes
Roof
- Composition
- Yes
Heating
- Central
- Yes
- Other
- Yes
Cooling
- Central Air
- Yes
- Window Units
- Yes
Fencing
- Other
- Yes
Property Features
Siding:
Wood
Foundation:
Piers
Roof:
Composition
Heating:
Central; Other
Cooling:
Central Air; Window Units
Fencing:
Other
IDX
Listing Office:
United Real Estate Partners LLC
Last Updated: May - 27 - 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.