3316 SEINE Street, New Orleans, LA 70114
$362,500
Property Type:
MultiFamily
Square Footage:
5,326
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$362,500
List Date:
1/06/2026
Last Modified:
2/12/2026
Description
Investor's Dream - 4 Fourplexes Rare opportunity to acquire four income-producing fourplexes being offered together as a package deal MLS #2518525, 2518530, and 2518533. With a new roof installed in 2022 and over 50% of the units renovated in the last two years, much of the heavy lifting has already been done. Current monthly rents total $15,619 with 5 vacancies, many of which have been recently spruced up and 3 are currently tenant ready. Significant upside potential to reach approximately $25,800 per month under Section 8 payment standards. This is a strong value-add investment with both stable cash flow and room for growth. Don't miss the chance to own a solid multi-family portfolio with immediate income and long-term potential! Do not miss out on this awesome addition to any portfolio. Priced below recent appraisal. Flood insurance runs approximately $3,600 per building annually.
Supplements: ********
More Information MLS# NO2536615
Listing Info
Delayed Marketing: No
List Price/SqFt: 68.06
Status: Active
Listing Date: 2026-01-05
Listing Price: 362500
Current Price: $362,500
Modification Timestamp: 2026-02-12T19:44:52Z
Photo Modified: 2026-02-02T23:39:50Z
Location, Tax & Legal Info
Legal Desc: GARDEN OAKS SUB DIV SQ 1 PT B-1 OR LOT 2 56 X 120 3316/18/20/22 SEINE DR
General Property Description
Lot Dimensions: 56x120x56x120
Stories: 2
SqFt - Total: 5326
SqFt - Source: Public Record
Individual Metered?: Yes
Number of Units: 4
Acres: 0.15
Remarks & Misc
Remarks: Investor's Dream - 4 Fourplexes Rare opportunity to acquire four income-producing fourplexes being offered together as a package deal MLS #2518525, 2518530, and 2518533. With a new roof installed in 2022 and over 50% of the units renovated in the last two years, much of the heavy lifting has already been done. Current monthly rents total $15,619 with 5 vacancies, many of which have been recently spruced up and 3 are currently tenant ready. Significant upside potential to reach approximately $25,800 per month under Section 8 payment standards. This is a strong value-add investment with both stable cash flow and room for growth. Don't miss the chance to own a solid multi-family portfolio with immediate income and long-term potential! Do not miss out on this awesome addition to any portfolio. Priced below recent appraisal. Flood insurance runs approximately $3,600 per building annually.
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Parking
Detached: 1
Construction
Brick: 1
Foundation
Slab: 1
Roof
Composition: 1
Heating
Central: 1
Cooling
Central Air: 1
Tenant Pays
Electric: 1
Water: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 56595766
Originating System Listing ID: 2536615
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 3316
Street Name: SEINE Street
Parish: Orleans
State: LA
Zip Code: 70114
Tax Assessment Number: 513615602
Directions: Bounding Streets: Garden Oaks Dr. and General DeGaulle
Property Features
Parking: Detached
Construction: Brick
Foundation: Slab
Roof: Composition
Heating: Central
Cooling: Central Air
Tenant Pays: Electric; Water
Listing Office:
NOLA Property Collective, LLC
IDX
Last Updated: February - 12 - 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.