$4,750

closing credit¹

211 S Olympia St New Orleans, LA 70119

$400,000
8 beds
4 full
3,444 sqft
0.09 acres
$116 / sqft
Multi-Family

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

Home typeQuadruplex
HeatingNatural Gas
StatusActive
CoolingWindow Unit(s)
Size3,444 sqft
Lot size0.0933 Acres
Year built1930
ParkingOff Street, One Space
MLS #2470255

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.

Get an agent. Get a mortgage. Save big.¹

view of front of house with a balcony, a front yard, and a porch

$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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

27%
<35k
55%
35k-100k
16%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
18%
Single, with Kids
10%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
36%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • TennisTennis

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • BMWBMW

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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