100% Occupied Fourplex Close to Superdome & Interstate

2617 S Galvez St, New Orleans, LA 70125

  • For Sale $320,000
  • Property Type Multi-Family
  • Property Size 3,332 SF
  • Units 4
  • Lot Size 0.06 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Mar 14, 2024
Located on the Northwest side of S Galvez St in between Third St and Fourth StThis 100% occupied fourplex property is centrally located on the Eastbank just minutes from the Superdome, Interstate, and Downtown NOLA. The shotgun-style building is two stories with 2 units on the ground floor and 2 units on the second level. Two units are 3 bed / 2 bath, and 2 units are 2 bed / 1 bath, Rents are currently below market rate and with minor cosmetic upgrades and maintenance there is strong value add potential. Tenants utilize street parking. Property is located in an Opportunity Zone. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click on “Offering Memorandum.” From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

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Highlights

  • Value add potential with cosmetic and basic maintenance and upgrades
  • Rents below market rate
  • Located in Opportunity Zone - Close proximity to Superdome and Downtown NOLA
  • Ideal investment for single-family / duplex investors seeking larger property

Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable

  • Transit Score ®

    44/100 Some Transit

  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City New Orleans, LA
  • Neighborhood Central City New Orleans
  • Zip Code 70125
  • Market New Orleans

Points of Interest

  • New Orleans

    1.09 miles

  • Union Passenger Terminal

    1.10 miles

  • Julia Street

    1.18 miles

  • Poydras Street

    1.27 miles

  • Saint Charles at Third Street

    1.30 miles

  • Saint Charles at Washington

    1.30 miles

  • Saint Charles at First Street

    1.31 miles

  • Saint Charles at Sixth Street

    1.31 miles

  • Saint Charles at Jackson

    1.33 miles

  • Canal at Galvez

    1.33 miles

  • Shell

    0.45 miles

  • Exxon

    1.41 miles

  • Exxon

    1.41 miles

  • Exxon

    1.47 miles

  • ChargePoint

    1.54 miles

  • Delta

    1.74 miles

  • Chevron

    1.76 miles

  • Shell

    1.79 miles

  • Orleans Center

    1.84 miles

  • Shell

    2.16 miles

  • Roman Parking Garage

    1.07 miles

  • Rosen Lot

    1.11 miles

  • Diboll Complex

    1.25 miles

  • Prytania Street Parking Garage

    1.45 miles

  • Premium Parking Lot

    1.47 miles

  • Premium Parking

    1.51 miles

  • Delachise Street Parking Garage

    1.52 miles

  • E-Z Park

    1.57 miles

  • Premium Parking Lot P296

    1.68 miles

  • Harrah's New Orleans Parking Garage

    1.89 miles

  • Hyatt Regency New Orleans

    1.15 miles

  • Hyatt House New Orleans/Downtown

    1.20 miles

  • Marquette House

    1.23 miles

  • Rose Inn Motel

    1.29 miles

  • Hotel Indigo New Orleans Garden District

    1.30 miles

  • WorldMark Hotel

    1.31 miles

  • Sweet's Inn Motel

    1.32 miles

  • Domio

    1.34 miles

  • Holiday Inn New Orleans-Downtown Superdome

    1.35 miles

  • Springhill Suites-New Orleans

    1.37 miles

  • Aeren's Cafe

    0.27 miles

  • 3 Potato 4

    0.35 miles

  • McDonald's

    0.41 miles

  • El Pavo Real

    0.48 miles

  • Church's Chicken

    0.52 miles

  • Wendy's

    0.58 miles

  • Popeyes

    0.61 miles

  • Ice Cream 504

    0.94 miles

  • High Hat Cafe

    0.97 miles

  • Ancora Pizzeria

    0.98 miles

  • John W Hoffman Elementary School

    0.18 miles

  • Andrew H Wilson Charter School

    0.36 miles

  • Saint Matthias Vocational School

    0.37 miles

  • Sylvania F Williams School

    0.41 miles

  • New Orleans College Preparatory Charter School

    0.41 miles

  • Edward P Harney Elementary School

    0.41 miles

  • Sister Clara Muhammad School

    0.55 miles

  • KIPP Central City Academy School

    0.70 miles

  • Welcome Transition School

    0.80 miles

  • First Presbyterian Church School

    0.87 miles

  • Miss Mollys Development Center

    0.27 miles

  • Little Scholars Day Care Center

    0.31 miles

  • McMillians First Steps Child Care Center

    0.32 miles

  • Saint Jude Baby Village Day Care Center

    0.39 miles

  • Babykeeper Day Care Center

    0.39 miles

  • Babykeepers Day Care and Preschool Number 2

    0.45 miles

  • Tittli Tots Hide-a-way Day Care Center

    0.46 miles

  • Silver Crest Day Care Center

    0.73 miles

  • Tommy and Bills Day Care Center Number 2

    0.85 miles

  • E B Bromon Liberty House Child Day Care Center

    0.88 miles

Frequently Asked Questions

What is the lease rate for 100% Occupied Fourplex Close to Superdome & Interstate?

Rental asking rate at 100% Occupied Fourplex Close to Superdome & Interstate is $160,000.00/YR.

What is the total square footage of 100% Occupied Fourplex Close to Superdome & Interstate?

100% Occupied Fourplex Close to Superdome & Interstate totals 3,332 square feet.

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Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349