#2484292, Aaron Dare, Listing Office: Crane Real Estate Brokers
$4,750
closing credit¹
211 S Olympia St New Orleans, LA 70119
Property details
About 211 S Olympia St
This fully occupied 4-plex offers an exceptional investment opportunity in the heart of New Orleans. Nestled in Mid-City by the iconic City Park and within walking distance of the Endymion parade route, this property enjoys a prime location with easy access to everything the city has to offer. Key Features: 15 min or less bike ride to City Park: Enjoy the beauty of nature and recreational activities year-round. Endymion Parade Proximity: Experience the excitement of Mardi Gras firsthand. Abundant Amenities: Find grocery stores, restaurants, and cafes just a short stroll away. High Occupancy: This property is fully rented and in high demand. Flexible Leases: No current leases means easy turnover and customization. Well-Maintained Units: Tenants appreciate the functionality and upkeep of their homes. Convenient Location: Zip in or out from the interstate and just a streetcar ride away from the bustling downtown CBD. Outdoor Living: Each unit features a private porch or balcony for enjoying the New Orleans weather. Shared Spaces: A common backyard and individual storage sheds provide additional amenities. Cash-Flowing Investment: This property offers a steady income stream. Don't miss out on this incredible investment opportunity! Schedule a private tour today to see this property firsthand.
Highlights
Summary
- MLS Number: 2470255
- MLS Name: NOMAR
- Office Name: REVE, REALTORS
- Office Phone: (504) 300-0700
- Office Email: david.favret@reverealtors.com
- Listing Agent: Robert Kruebbe
- Agent Phone: (504) 669-1470
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Last updated on: 2/2/2025, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$400,000
211 S Olympia St
$4,750
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $31,550 | $- |
2022 | $30,280 | $- |
2021 | $31,550 | $- |
2020 | $31,550 | $4,781 |
2019 | $27,550 | $4,362 |
2018 | $27,550 | $4,464 |
2017 | $19,000 | $3,015 |
History based on county public records data.
Nearby schools
10
Metairie Academy for Advanced Studies
Public Magnet PK-5
1.2 mi
•201 Metairie Rd
1
Noble Minds
Public Charter KG-5
2.4 mi
•1333 S Carrollton Ave
7
Marie Riviere Elementary School
Public District PK-5
2.9 mi
•1564 Lake Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,384. Residents of New Orleans, LA typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 211 S Olympia St in New Orleans, LA and zip code 70119 in the Mid City neighborhood. This 3,444 square foot home, which was built in 1930, sits on a 0.09 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $400,000.
Over 16 listings were sold over their listed price in January 2025 in New Orleans, LA. In the same period over 129 listings were sold below the listed price and 21 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 8.7% between December and January 2025. In January 2025 median list price was $328,483 and the average listing age was 82 days.