6-Unit Stabilized and Cash Flowing Multifamily Opportunity

1917 Leonidas St, New Orleans, LA 70118

  • For Sale $515,000
  • Property Type Multi-Family
  • Property Size 2,714 SF
  • Units 6
  • Date Updated Apr 16, 2024
-Now available for sale, 1917 Leonidas St is an 6-unit value add multifamily opportunity. The property is equipped with off-street parking and gated and fenced unit entry. The property is currently stabilized and cash flowing. The property is additionally for sale in a portfolio comprised of three, two-story buildings all within 15 minutes of one another. With a mix of value-add and stabilized properties, there is opportunity for the new owner to increase equity through renovations and new tenants. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. 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.***

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Value Add opportunity
  • Stabilized and cash flowing
  • Off-street parking and gated and fenced unit entry
  • Two other properties available for sale as portfolio – Contact agent

Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable

  • Transit Score ®

    55/100 Good Transit

  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City New Orleans, LA
  • Neighborhood Leonidas
  • Zip Code 70118
  • Market New Orleans

Points of Interest

  • South Carrollton at Spruce

    0.34 miles

  • South Carrollton at Hickory

    0.35 miles

  • South Carrollton at Birch

    0.42 miles

  • South Carrollton at South Claiborne

    0.44 miles

  • South Carrollton at Jeannette

    0.45 miles

  • South Carrollton at Willow

    0.50 miles

  • South Carrollton at Oak

    0.60 miles

  • South Carrollton at Freret

    0.72 miles

  • South Carrollton at Maple

    0.84 miles

  • South Carrollton at Saint Charles

    0.94 miles

  • Shell

    0.94 miles

  • Shell

    1.19 miles

  • Exxon

    1.25 miles

  • Shell

    2.05 miles

  • Discount Zone

    2.27 miles

  • Shell

    2.29 miles

  • Airline Discount

    2.34 miles

  • Shell

    2.39 miles

  • Shell

    2.43 miles

  • Exxon

    2.54 miles

  • Rosen Lot

    1.00 miles

  • Diboll Complex

    1.14 miles

  • Roman Parking Garage

    2.72 miles

  • Prytania Street Parking Garage

    2.92 miles

  • Delachise Street Parking Garage

    3.03 miles

  • Staff & Volunteer Parking

    3.36 miles

  • Premium Parking Lot

    3.37 miles

  • E-Z Park

    3.44 miles

  • Premium Parking

    3.48 miles

  • Premium Parking Lot P296

    3.59 miles

  • London Lodge

    1.19 miles

  • Midtown Hotel New Orleans

    1.64 miles

  • Sweet's Inn Motel

    1.77 miles

  • Rose Inn Motel

    1.79 miles

  • La Bella Motel

    1.97 miles

  • India House hostel

    2.30 miles

  • Texas Motel

    2.38 miles

  • Residence Inn New Orleans Metairie

    2.94 miles

  • Courtyard New Orleans Metairie

    3.02 miles

  • Springhill Suites-New Orleans

    3.05 miles

  • Bourrée

    0.43 miles

  • Lebanon's Cafe

    0.44 miles

  • Basil Leaf

    0.45 miles

  • Panchita's

    0.46 miles

  • Ninja Sushi

    0.50 miles

  • Little Tokyo

    0.50 miles

  • Burger King

    0.51 miles

  • Subway

    0.51 miles

  • Cowbell

    0.52 miles

  • La Casita Taqueria

    0.53 miles

  • James Weldon Johnson School

    0.12 miles

  • Johnson Elementary

    0.13 miles

  • Priestley Junior High School

    0.19 miles

  • Old Priestley School

    0.19 miles

  • Old Priestley School

    0.21 miles

  • Carrollton School

    0.30 miles

  • Stuart Hall School for Boys

    0.32 miles

  • KIPP Believe College Preparatory School

    0.42 miles

  • Saint Matthew School

    0.55 miles

  • Dolorosa School

    0.56 miles

  • Mount Pilgrim Baptist Church Day Care Center

    0.53 miles

  • Newcomb Child Care Center

    0.97 miles

  • Bolden Child Care Center

    1.23 miles

  • Royal Castle Child Development Center

    1.27 miles

  • Velocity Foundation Day Care Center

    1.40 miles

  • Babykeepers Day Care and Preschool Number 2

    1.56 miles

  • Saint Jude Baby Village Day Care Center

    1.64 miles

  • Babykeeper Day Care Center

    1.64 miles

  • Little Scholars Day Care Center

    1.68 miles

  • Miss Mollys Development Center

    1.71 miles

Frequently Asked Questions

What is the lease rate for 6-Unit Stabilized and Cash Flowing Multifamily Opportunity?

Rental asking rate at 6-Unit Stabilized and Cash Flowing Multifamily Opportunity is $257,500.00/YR.

What is the total square footage of 6-Unit Stabilized and Cash Flowing Multifamily Opportunity?

6-Unit Stabilized and Cash Flowing Multifamily Opportunity totals 2,714 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349