318-20 N OLYMPIA Street, New Orleans, LA 70119 (MLS# NO2525390)

318-20 N OLYMPIA Street, New Orleans, LA 70119

$575,000
Property Type: MultiFamily Square Footage: 4,016 Status: Active
Current Price: $575,000 List Date: 10/08/2025 Last Modified: 10/13/2025

Description

Mid-City location offering a six-plex brimming with potential. Upstairs, two spacious 3-bedroom, 1-bathroom units with private front porches, perfect for unwinding, alongside the comfort of central HVAC and warm wood floors. Downstairs, find three units, each featuring two bedrooms, a bathroom, and tile floors with a combination or mini-splits and window units. Each of the 5 units in the main building has an open-plan living area, while the back house provides a cozy one-bedroom with central HVAC. Laundry hookups in the shared portion of the rear building, and a neighboring laundromat offer added convenience. The long driveway on the right side of the property offers ample parking. New ROOF Spring 2024! Separate electric meters and two water meters. Fully occupied, please allow 48 hours notice for any showing requests.

Supplements: ********

More Information MLS# NO2525390

Listing Info

Delayed Marketing: No List Price/SqFt: 143.18 Document Modified: 2025-10-08 08:43:31.315490 Status: Active Listing Date: 2025-10-08 Listing Price: 575000 Current Price: $575,000 Modification Timestamp: 2025-10-13T21:47:34Z Photo Modified: 2025-10-08T13:48:37Z

Location, Tax & Legal Info

Legal Desc: SQ 595 LOT E OR 14 N OLYMPIA 42X113

General Property Description

Lot Dimensions: 42 x 113 Stories: 2 SqFt - Total: 4016 SqFt - Source: Measured Individual Metered?: Yes Number of Units: 6

Remarks & Misc

Remarks: Mid-City location offering a six-plex brimming with potential. Upstairs, two spacious 3-bedroom, 1-bathroom units with private front porches, perfect for unwinding, alongside the comfort of central HVAC and warm wood floors. Downstairs, find three units, each featuring two bedrooms, a bathroom, and tile floors with a combination or mini-splits and window units. Each of the 5 units in the main building has an open-plan living area, while the back house provides a cozy one-bedroom with central HVAC. Laundry hookups in the shared portion of the rear building, and a neighboring laundromat offer added convenience. The long driveway on the right side of the property offers ample parking. New ROOF Spring 2024! Separate electric meters and two water meters. Fully occupied, please allow 48 hours notice for any showing requests.

Office/Member/Contract Info

List AOR: NOMAR

Currently Not Used

Acreage Range: 0 - 0.5

Siding

Wood: 1

Construction

Block: 1 Other: 1

Foundation

Other: 1

Exterior

Balcony: 1

Roof

Composition: 1

Heating

Central: 1 Wall Units: 1

Cooling

Central Air: 1 Wall Units: 1

Fencing

Other: 1

Owner Pays

Water: 1

Tenant Pays

Electric: 1 Gas: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 52686264 Originating System Listing ID: 2525390 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 318-20 Dir: N Street Name: OLYMPIA Street Parish: Orleans State: LA Zip Code: 70119 Tax Assessment Number: SQ595 Directions: Turn onto N Olympia from Bienville St. Bounding Streets: Conti, Bienville, N Murat, and N Olympia

Property Features

Siding: Wood Construction: Block; Other Foundation: Other Roof: Composition Heating: Central; Wall Units Cooling: Central Air; Wall Units Exterior: Balcony Fencing: Other Owner Pays: Water Tenant Pays: Electric; Gas
Listing Office: Satsuma Real Estate LLC
IDX
Last Updated: October - 13 - 2025
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.