Fantastic opportunity to own a positive-cash-flow producing 5 plex in a high-demand Mid City location right off Canal Street and the streetcar line. Only $115.86/sq ft!! Full occupancy monthly revenue is $6650. (One unit is currently vacant by choice for showings.) All windows in the building have been replaced; there is a shared laundry area, and off street parking for 2 cars. Also, separate gas and electric meters; owner pays water. Central AC/heat in all units except for one (bottom unit 3821C) which has a mini split and window units. The building offers many appealing architectural features: high ceilings, wood floors, antique mantles, exposed brick, clawfoot tubs, no carpet. A great buy!
Active
Price cut: $20K (4/22)
$525,000
3821-23 Cleveland Ave, New Orleans, LA 70119
11beds
4,704sqft
Est.:
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$112/sqft
$-- HOA
What's special
Clawfoot tubsWood floorsHigh ceilingsExposed brickAntique mantles
- 84 days
- on Zillow |
- 100 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 11:39am
Listed by:
Sandra Green 504-259-8107,
LATTER & BLUM (LATT01) 504-888-4585,
Erin Songer 504-296-3988,
LATTER & BLUM (LATT01)
Source: GSREIN,MLS#: 2477986

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Central, Window Unit
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total interior livable area: 4,704 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,948.42 Square Feet
- Dimensions: 30 x 93
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 105302721
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Stucco, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Very Good Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $112/sqft
- Date on market: 2/25/2025
- Tenant pays: Electricity, Gas
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