$36,000 a year in rent currently - High Earning Real Estate Investment - Enjoy steady income from two units in the high demand Gentilly area. This is a great investment opportunity for new and experienced investors. - Also excellent option for house hackers looking to owner occupy. - High Cap Rate Gentilly Multifamily Investment in Great Condition
2 blocks to the nearest bus stop and steps from Milne Playground and a short drive to UNO and SUNO. Take advantage of this opportunity to increase your investment portfolio with an easy to manage property.
Current tenants - one has lived here for 7 years and the other has a lease until Dec 2025, with the potential to continue his stay.
Low maintenance property with new roof and new central air, driveway parking and nice sized backyard.
Pending
$245,000
2653-55 Gladiolus St, New Orleans, LA 70122
4beds
1,470sqft
Duplex, Multi Family, Multi Family
Built in 1948
-- sqft lot
$244,600 Zestimate®
$167/sqft
$-- HOA
What's special
Nice sized backyardDriveway parkingNew roofNew central air
- 51 days |
- 4 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jessica Bordelon 504-535-4353,
Berkshire Hathaway HomeServices Preferred, REALTOR 504-799-1702
Source: GSREIN,MLS#: 2565575
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Description: Flooring: Wood
- Level: Lower
- Dimensions: 12x12
Bedroom
- Description: Flooring: Wood
- Level: Lower
- Dimensions: 12x12
Bedroom
- Description: Flooring: Wood
- Level: Lower
- Dimensions: 12x12
Bedroom
- Description: Flooring: Wood
- Level: Lower
- Dimensions: 12x12
Kitchen
- Description: Flooring: Tile
- Level: Lower
- Dimensions: 12x10
Kitchen
- Description: Flooring: Tile
- Level: Lower
- Dimensions: 12x10
Living room
- Description: Flooring: Wood
- Level: Lower
- Dimensions: 12x12
Living room
- Description: Flooring: Wood
- Level: Lower
- Dimensions: 12x12
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Unit
Interior area
- Total interior livable area: 1,470 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Porch
- Pool features: None
Lot
- Size: 4,800 Square Feet
- Dimensions: 40 x 120
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 38W305922
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Shingle Siding, Shake Siding, Wood Siding
- Foundation: Raised
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $167/sqft
- Date on market: 6/30/2026
- Tenant pays: Electricity, Gas
Estimated market value
$244,600
$232,000 - $257,000
$1,791/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Pending sale | $245,000$167/sqft |
Source:  GSREIN #2565575 Report a problem | ||
| 6/30/2026 | Listed for sale | $245,000$167/sqft |
Source: GSREIN #2565575 Report a problem | ||
| 2/12/2016 | Sold | -- |
Source: GSREIN #2037474 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.Climate risks
Neighborhood: Gentilly Terrace
Nearby schools
GreatSchools rating
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 0.6 mi
- 3/10The Delores Taylor Arthur School for Young MenGrades: 8-12Distance: 0.2 mi
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 6.6 mi
- $364,0007 bd3 ba2.8k sqft2441-43 Gladiolus St, New Orleans, LA 70122For Sale
- $149,4003 bd2 ba1.1k sqft2756-2758 Gladiolus St #2756, New Orleans, LA 70122Off Market
- $1,2752 bd1 ba750 sqft2746-52 Gladiolus St #2748, New Orleans, LA 70122For Rent
- $106,5002 bd1 ba1.4k sqft2640 Gladiolus St, New Orleans, LA 70122Off Market
- $203,4004 bd4 ba2.2k sqft2643 Gladiolus St, New Orleans, LA 70122Off Market
- $325,0004 bd3 ba1.6k sqft2644 Gladiolus St, New Orleans, LA 70122For Sale
- $185,1006 bd4 ba1.7k sqft2645 Gladiolus St, New Orleans, LA 70122Off Market
- $92,5002 bd1 ba1k sqft2634 Gladiolus St, New Orleans, LA 70122Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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