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  • $2,450,000

    11900-50 Lakeland Ct, New Orleans, LA 70128

    62beds
    34,100sqft
    : 
    $15,452/mo
    Get pre-qualified
    Multi Family, Apartment
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $72/sqft
    $-- HOA

    What's special

    Spacious floorplans
    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.
    341 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#: 2522884MLS Logo

      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

        DateEventPrice
        8/24/2026Price change$2,450,000-6.1%$72/sqft
        Source: GSREIN #2522884 Report a problem
        1/29/2026Price change$2,610,000-5.7%$77/sqft
        Source: GSREIN #2522884 Report a problem
        9/23/2025Listed for sale$2,767,000$81/sqft
        Source: GSREIN #2522884 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Little Woods

        Getting around

        24 / 100
        Car-Dependent
        34 / 100
        Some Transit
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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