Newly Renovated Multifamily Opportunity in New Orleans

2216 Amelia St, New Orleans, LA 70115

  • For Sale $995,000
  • Property Type Multi-Family
  • Property Size 4,624 SF
  • Units 10
  • Lot Size 0.17 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 1, 2024
Sq 550, Lot 16-ANow available for sale, 2216 Amelia St is a fully renovated 10-unit apartment complex in a sought-after location near Tulane and Loyola Universities. This property, comprising ±4,624 SF across a ±0.17-acre lot, offers exclusively onebedroom, one-bathroom units, perfectly catering to the high demand from students and young professionals. The recent complete renovation, including a new roof, updated electrical, and plumbing systems, positions this complex as a turnkey investment and minimizes upfront costs and maintenance concerns for the new owner. The strategic location not only provides easy access to the New Orleans streetcar line but also places it just six minutes from the CBD / Warehouse District, enhancing its appeal to a wide tenant base. There is both street parking and a dedicated lot in the rear of the building. Currently leasing with a waitlist, 2216 Amelia St demonstrates demand and desirability, ensuring a stable and lucrative income stream from purchase. Units will lease for $1,200. ***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.***

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Highlights

  • All units 1 bed / 1 bath
  • Newly renovated
  • Great location close to campus and streetcar line
  • Leasing units with a waitlist

Contacts

broker

Benji Azar

ELIFIN®

(504) 289-7750

Location

Getting Around

  • Walk Score ®

    82/100 Very Walkable

  • Transit Score ®

    52/100 Good Transit

  • Bike Score ®

    78/100 Very Bikeable
Powered by Walk Score ®
  • City New Orleans, LA
  • Neighborhood Milan
  • Zip Code 70115
  • Market New Orleans

Points of Interest

  • Saint Charles at Peniston

    0.45 miles

  • Saint Charles at Foucher

    0.45 miles

  • Saint Charles at Constantinople

    0.46 miles

  • Saint Charles at Louisiana

    0.47 miles

  • Saint Charles at Milan

    0.50 miles

  • Saint Charles at Eighth Street

    0.54 miles

  • Saint Charles at Napoleon

    0.57 miles

  • Saint Charles at Sixth Street

    0.60 miles

  • Saint Charles at Washington

    0.66 miles

  • Saint Charles at Cadiz

    0.67 miles

  • Shell

    0.90 miles

  • Exxon

    1.56 miles

  • Shell

    1.78 miles

  • Shell

    1.79 miles

  • Shell

    1.84 miles

  • Exxon

    2.33 miles

  • Exxon

    2.34 miles

  • Shell

    2.35 miles

  • Chevron

    2.36 miles

  • ChargePoint

    2.44 miles

  • Prytania Street Parking Garage

    0.52 miles

  • Delachise Street Parking Garage

    0.62 miles

  • Diboll Complex

    1.37 miles

  • Rosen Lot

    1.44 miles

  • Premium Parking

    1.67 miles

  • Roman Parking Garage

    1.84 miles

  • Lot B

    1.87 miles

  • Premium Parking Lot

    1.88 miles

  • Lot F

    1.88 miles

  • E-Z Park

    1.99 miles

  • Marquette House

    0.86 miles

  • Hotel Indigo New Orleans Garden District

    0.94 miles

  • WorldMark Hotel

    1.00 miles

  • The Queen Anne Hotel

    1.31 miles

  • Prytania Oaks Hotel

    1.34 miles

  • The Prytania Park Hotel

    1.36 miles

  • Atlas House

    1.53 miles

  • Domio

    1.57 miles

  • Hyatt Regency New Orleans

    1.61 miles

  • The Hotel Modern New Orleans

    1.65 miles

  • Pascal's Manale

    0.45 miles

  • Ice Cream 504

    0.47 miles

  • High Hat Cafe

    0.47 miles

  • Ancora Pizzeria

    0.48 miles

  • Acropolis on Freret

    0.48 miles

  • Sarita's Grill

    0.50 miles

  • Bar Frances

    0.51 miles

  • Wendy's

    0.54 miles

  • The Company Burger

    0.55 miles

  • Popeyes

    0.55 miles

  • Bush School

    0.03 miles

  • Walter L Cohen High School

    0.26 miles

  • Holy Ghost Catholic School

    0.28 miles

  • Sojourner Truth Academy Charter School

    0.43 miles

  • Samuel J Green Charter School

    0.55 miles

  • Sister Clara Muhammad School

    0.59 miles

  • Academy of the Sacred Heart School

    0.63 miles

  • Saint Francis School

    0.63 miles

  • Coliseum High School

    0.64 miles

  • Sophie B Wright Institute of Academic Excellence School

    0.67 miles

  • Tommy and Bills Day Care Center Number 2

    0.13 miles

  • Waldorf Early Childhood Center

    0.15 miles

  • Volunteers of America Nursery

    0.49 miles

  • Tittli Tots Hide-a-way Day Care Center

    0.54 miles

  • Silver Crest Day Care Center

    0.67 miles

  • McMillians First Steps Child Care Center

    0.73 miles

  • Dryades YMCA Child Care Center

    0.84 miles

  • E B Bromon Liberty House Child Day Care Center

    0.92 miles

  • Peoples Community Child Care Center

    0.92 miles

  • Miss Mollys Development Center

    1.03 miles

Frequently Asked Questions

What is the lease rate for Newly Renovated Multifamily Opportunity in New Orleans?

Rental asking rate at Newly Renovated Multifamily Opportunity in New Orleans is $497,500.00/YR.

What is the total square footage of Newly Renovated Multifamily Opportunity in New Orleans?

Newly Renovated Multifamily Opportunity in New Orleans totals 4,624 square feet.

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Contact Listing Broker

broker

Benji Azar

ELIFIN®

(504) 289-7750