#2504601, Natasha Ross, Listing office: River Region Realty & Associat
$389,000 List price
2828 Louisiana Ave New Orleans, LA 70115
8 beds
8 full
4,328 sqft
0.2 acres
$90 / sqft
Multi-Family
Property details
About 2828 Louisiana Ave
New Low Price! Priced Below Market – Don’t Miss This Opportunity! Excellent opportunity to own a 4-unit multifamily property, each unit offering 2 bedrooms and 2 bathrooms. Three of the four units are currently rented, generating consistent income. The fourth unit is vacant and offers flexibility for owner occupancy, long-term rental, or short-term rental (Airbnb potential). With projected gross rental income of at least $7,268/month, this property delivers instant cash flow. 2025 HANO payments are now $1,817 per unit. Two units can increase rent at lease anniversary in August 2025, One unit can increase rent at lease anniversary in October 2025, vacant unit can rent for $1,817 now. While the house needs updating, repairs, and some overall TLC it’s priced to sell and great for both first-time investors and experienced buyers looking to add value. Spacious units, great layout, and located in a strong rental market—don’t miss this opportunity to build equity and generate income from day one!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size4,328 sqft
Lot size0.1653 Acres
Year built1970
ParkingDriveway, Off Street
MLS #2507465
Summary
- Full Bathrooms: 8
- Total Bedroom Count: 8
- Parking: Driveway, Off Street
- Exterior: Fence
- Architectural Style: Cottage
- Heating: Central
- Cooling: Central Air
- List Price: $389,000
- Price/SqFt: $89
- Annual Tax Amount: $5,268
- Tax Year: 2020
- Lot: City Lot, Rectangular Lot
- Year Built: 1970
- Stories: 1
- Living Area: 4,328 SqFt
- Lot Size: 0.1653 Acres
- MLS Number: 2507465
- MLS Name: NOMAR
- Office Name: KELLER WILLIAMS REALTY 455-0100
- Office Phone: (504) 455-0100
- Office Email: lucy@kw.com
- Listing Agent: Austin McCann
- Agent Phone: (504) 615-3946
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Last updated on: 7/18/2025, 2:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 02, 2018 | Home Sold | $2,410,333 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $47,920 | $- |
| 2022 | $41,600 | $- |
| 2021 | $47,920 | $- |
| 2020 | $36,240 | $5,268 |
| 2019 | $36,240 | $5,475 |
| 2018 | $36,240 | $5,583 |
| 2017 | $36,240 | $5,331 |
History based on county public records data.
Nearby schools
1
Noble Minds
Public Charter KG-5
1.9 mi
•1333 S Carrollton Ave
2
McDonogh No.26 Elementary School
Public District PK-5
2.8 mi
•1200 Jefferson St
7
Ruppel Academie Francaise
Public District PK-4
2.9 mi
•815 Huey P Long 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 $20,000. Most New Orleans, LA residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
79%
<35k
21%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
What types of families live nearby?
60%
Single, No Kids
32%
Single, with Kids
5%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Live Theatre
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2828 Louisiana Ave
The listing price of 2828 Louisiana Ave property is $389,000.
The property 2828 Louisiana Ave is a multi located in New Orleans, Louisiana, 70115.
Active Listing: 2828 Louisiana Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2828 Louisiana Ave are: Noble Minds (GreatSchools Rating 1/10), McDonogh No.26 Elementary School (GreatSchools Rating 2/10), Ruppel Academie Francaise (GreatSchools Rating 7/10), Kipp Central City (GreatSchools Rating 4/10), Wilson Charter School (GreatSchools Rating 4/10), Samuel J. Green Charter School (GreatSchools Rating 6/10), Walter L. Cohen College Preparatory (GreatSchools Rating 2/10), Kipp Booker T Washington (GreatSchools Rating 3/10), Eleanor Mcmain Secondary School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2020 is $5,268 (source: MLS/based on county public records data).
The last sale was on October 2, 2018 for $2,410,333 (source: MLS/tax record).
The property 2828 Louisiana Ave is 4,328 SqFt (source: MLS/tax record).
The year of construction for 2828 Louisiana Ave is 1970.
This home is located at 2828 Louisiana Ave in New Orleans, LA and zip code 70115 in the Milan neighborhood. This 4,328 square foot home, which was built in 1970, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 21, 2025 and is currently priced at $389,000.
In June 2025, from all listings sold in New Orleans, LA there were more than 33 sold above asking price, over 275 sold below and more than 61 were sold right at the asked price. The number of listings in New Orleans, LA increased by 5.1% between May and June 2025. In June 2025 median list price was $332,200 and the average listing age was 67 days.
From Rocket Homes Real Estate and based on county public records data.