382123 Cleveland Ave New Orleans, LA 70119
Property details
About 382123 Cleveland Ave
Fantastic opportunity to own a positive-cash-flow producing 5 plex in a high-demand Mid City location right off Canal Street and the streetcar line. Only $115.86/sq ft!! Full occupancy monthly revenue is $6650. (One unit is currently vacant by choice for showings.) All windows in the building have been replaced; there is a shared laundry area, and off street parking for 2 cars. Also, separate gas and electric meters; owner pays water. Central AC/heat in all units except for one (bottom unit 3821C) which has a mini split and window units. The building offers many appealing architectural features: high ceilings, wood floors, antique mantles, exposed brick, clawfoot tubs, no carpet. A great buy!
Highlights
Summary
- MLS Number: 2489189
- MLS Name: NOMAR
- Office Name: LATTER & BLUM (LATT01)
- Office Phone: (504) 888-4585
- Listing Agent: Sandra Green
- Agent Phone: (504) 259-8107
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Last updated on: 3/15/2025, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$545,000
382123 Cleveland Ave
$6,472
closing credit¹
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Price information
Property sales
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Nearby schools
10
Metairie Academy for Advanced Studies
Public Magnet PK-5
1.0 mi
•201 Metairie Rd
1
Noble Minds
Public Charter KG-5
2.4 mi
•1333 S Carrollton Ave
8
Dr. John Ochsner Discovery Health Sciences Academy
Public District KG-4
2.7 mi
•2012 Jefferson Hwy
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. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Tennis
Where do the neighbors shop?
Banana Republic
H&M
Crate & Barrel
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
BMW
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
Frequently asked questions
About 382123 Cleveland Ave
This home is located at 382123 Cleveland Ave in New Orleans, LA and zip code 70119 in the Mid City neighborhood. This 4,704 square foot home, which was built in 1928, sits on a 0.11 acre lot. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $545,000.
In February 2025, from all listings sold in New Orleans, LA there were more than 30 sold above asking price, over 168 sold below and more than 35 were sold right at the asked price. The number of homes for sale in New Orleans, LA increased by 10.5% between January and February 2025. The median list price of listings available in February 2025 was $328,998, while the average time on the real estate market was 83 days.