PRICE REDUCTION! $32,070 per month actual gross rental income! Price reduction! Lakeland Manor is a portfolio of eight (8) adjacent fourplex apartment buildings totaling 31 units, ideally located in a quiet cul-de-sac off Bullard Avenue in New Orleans East all situated within immediate proximity, creating a cohesive and easily managed community. An additional 4plex located at 8017 Bullard next door is also for sale for total of 35 units.
Each building is a well-maintained two-story fourplex offering spacious floorplans and consistent rental demand. The layout of the portfolio, clustered around Lakeland Court with frontage on Bullard Avenue, provides operational efficiency for leasing, management, and maintenance. All buildings benefit from strong physical condition and stabilized occupancy with upside potential through rent growth.
This portfolio offers a turnkey investment in a stable, income-producing multifamily asset ideally suited for both seasoned multifamily investors seeking a reliable return profile and investors looking to scale quickly in a proven submarket.
Active
$2,450,000
11900-50 Lakeland Ct, New Orleans, LA 70128
62beds
34,100sqft
Multi Family, Apartment
Built in 1980
-- sqft lot
$-- Zestimate®
$72/sqft
$-- HOA
What's special
Spacious floorplans
- 340 days
- 159
- 14
Zillow last checked:
Listing updated:
Listed by:
Mason McCullough 504-298-8631,
Bridgewater Realty Advisors, LLC 504-901-0463,
Bryce Danna-Marullo 504-301-5583,
Bridgewater Realty Advisors, LLC
Source: GSREIN,MLS#: 2522884
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 62
- Bathrooms: 62
- Full bathrooms: 31
- 1/2 bathrooms: 31
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup
Interior area
- Total interior livable area: 34,100 sqft
Property
Parking
- Parking features: Driveway, Off Street, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.46 Acres
- Dimensions: 1.46
- Features: 1 to 5 Acres, Cul-De-Sac, City Lot
Details
- Parcel number: per assessor
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Apartment
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Closed Circuit Camera(s)
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $72/sqft
- Date on market: 9/23/2025
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $2,450,000-6.1%$72/sqft |
Source: | ||
| 1/29/2026 | Price change | $2,610,000-5.7%$77/sqft |
Source: | ||
| 9/23/2025 | Listed for sale | $2,767,000$81/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment

