3215 DRYADES Street, New Orleans, LA 70115 (MLS# NO2538046)

3215 DRYADES Street, New Orleans, LA 70115

$580,000
Property Type: MultiFamily Square Footage: 2,700 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $580,000 List Date: 1/13/2026 Last Modified: 1/30/2026

Description

SELLER FINANCING - interest rate negotiable. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio. Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 25% down, a 30-year amortization, a 3-5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers. The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.

Supplements: ********

More Information MLS# NO2538046

Listing Info

Delayed Marketing: No List Price/SqFt: 214.81 Document Modified: 2026-01-30 14:56:49.116126 Status: Active Listing Date: 2026-01-13 Listing Price: 580000 Current Price: $580,000 Modification Timestamp: 2026-01-30T20:56:49Z Photo Modified: 2026-01-30T20:12:04Z

Location, Tax & Legal Info

Legal Desc: SQ 279 LOT 4 DRYADES ST 40X120 = 4800 SQ FT DBLE 3215/17 DRYADES ST FILE #17684

General Property Description

Lot Dimensions: 40x120 Stories: 2 SqFt - Total: 2700 SqFt - Source: Measured Individual Metered?: Yes Number of Units: 6 Acres: 0.11

Remarks & Misc

Remarks: SELLER FINANCING - interest rate negotiable. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio. Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 25% down, a 30-year amortization, a 3-5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers. The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.

Office/Member/Contract Info

List AOR: NOMAR

Currently Not Used

Acreage Range: 0 - 0.5

Parking

Parking Lot: 1

Construction

Brick: 1

Foundation

Slab: 1

Exterior

Balcony: 1

Roof

Composition: 1

Heating

Other: 1

Cooling

Window Units: 1

Financing

Owner Finance: 1

Owner Pays

Water: 1

Tenant Pays

Electric: 1 Gas: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 56693115 Originating System Listing ID: 2538046 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 3215 Street Name: DRYADES Street Parish: Orleans State: LA Zip Code: 70115 Tax Assessment Number: 412202904 Directions: Bounding Streets: Toledano St & Harmony St

Property Features

Parking: Parking Lot Construction: Brick Foundation: Slab Roof: Composition Heating: Other Cooling: Window Units Exterior: Balcony Owner Pays: Water Tenant Pays: Electric; Gas Financing: Owner Finance
Listing Office: Bridgewater Realty Advisors, LLC
IDX
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.