2714 N GALVEZ Street, New Orleans, LA 70117
$624,999
Property Type:
MultiFamily
Square Footage:
5,252
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$624,999
List Date:
1/19/2026
Last Modified:
1/30/2026
Listing Details MLS# NO2538908
Listing Info
- Delayed Marketing
- No
- Listing Price
- 624999
- List Price/SqFt
- 119
- Modification Timestamp
- 2026-01-30T20:56:56Z
- Photo Modified
- 2026-01-30T20:12:12Z
Location Tax Legal Info
- Street Number
- 2714
- Dir
- N
- Street Name
- GALVEZ Street
- Parish
- Orleans
- State
- LA
- Zip Code
- 70117
- Tax Assessment Number
- 701172714NGalvezST12
- Directions
- Bounding Streets: ST FERDINAND AND PORT STREET
General Property Description
- Number of Units
- 6
- Stories
- 2
- SqFt - Total
- 5252
- SqFt - Source
- Public Record
- Individual Metered?
- Yes
- Lot Dimensions
- 30X124,24X31
- Acres
- 0.11
Currently Not Used
- Acreage Range
- 0 - 0.5
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 56749986
- Originating System Listing ID
- 2538908
- Originating System Name
- ROAM Matrix
Location, Tax & Legal Info
- Legal Desc
- SQ 1014 LOT 12 30X141 & PT 10-11 24X32 C/BLOCK FR BLDG 6/APTS 34/RMS 2714-16 N.ALVEZ ST
More Information
Remarks & Misc
- Remarks
- 1031 Exchange or as a Cash Cow! This stunning, newly renovated 6-unit building is a money-making machine with significant upside potential. Currently, the property is generating only $5,800/month -- well below market value -- creating an exceptional opportunity for investors to maximize rental income. Section 8 Rent Potential: 1 Bedroom Units: $1,149/month each x 2 units = $2,298/month 2 Bedroom Units: $1,362/month each x 2 units = $2,724/month 3 Bedroom Units: $1,750/month each x 2 units = $3,500/month Total Potential Section 8 Income: $8,522/month That's a $102,264/year potential income! Key Features: Fully Renovated in 2023 from the studs up Professionally Managed, cash-flowing Section 8 rental Upstairs Units: 2 x 3-bedroom, 1-bath units with updated kitchens, hardwood floors, and open floor plans Downstairs Units: 4 units -- 2 x 2-bedroom, 1-bath and 2 x 1-bedroom, 1-bath units, each with separate water & electricity meters and central air Ample Storage space throughout the building This is your chance to own a premium investment property that is cash-flowing and poised for growth. Whether you're looking for steady monthly income or a 1031 Exchange opportunity, this property is a standout. Bonus: Seller Financing & Bond for Deed Friendly! This turnkey property won't last long! Owner/Agent is a licensed real estate professional. Don't miss out - schedule a viewing today!
Office/Member/Contract Info
- List AOR
- NOMAR
Siding
- Wood
- Yes
Parking
- Parking Lot
- Yes
Construction
- Block
- Yes
- Concrete
- Yes
Foundation
- Slab
- Yes
Exterior
- Balcony
- Yes
Roof
- Composition
- Yes
Heating
- Wall Units
- Yes
- Other
- Yes
Cooling
- Window Units
- Yes
Fencing
- Other
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
- Water
- Yes
Property Features
Siding:
Wood
Parking:
Parking Lot
Construction:
Block; Concrete
Foundation:
Slab
Roof:
Composition
Heating:
Wall Units; Other
Cooling:
Window Units
Exterior:
Balcony
Fencing:
Other
Tenant Pays:
Electric; Gas; Water
IDX
Listing Office:
Fleur De Lee Realty, LLC
Last Updated: January - 30 - 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.