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  • Price cut: $4K (7/20)
    $755,000

    2714 Milan St, New Orleans, LA 70115

    9beds
    5,749sqft
    : 
    $5,008/mo
    Get pre-qualified
    Quadruplex, Multi Family, Multi Family
    Built in 1907
    -- sqft lot
    $716,700 Zestimate®
    $131/sqft
    $-- HOA

    What's special

    Independent tenant-paid appliancesAttractive curb appealSpacious layoutsHigh ceilings
    Rare opportunity to own a renovated fourplex in the heart of New Orleans’ highly desirable Freret Corridor, just blocks from Ochsner Baptist and surrounded by some of the city’s strongest rental demand. Blending historic New Orleans character with modern updates, this property offers a compelling mix of stability, NOLA history, and long-term upside. The property features four well-designed units totaling approximately 5,749 living square feet, with a current rental income of nearly $7,000/month and additional upside through lease optimization or owner occupancy. All units are tenant occupied, with two in month-to-month agreements, if the need is for owner occupancy. Originally built in 1907 and thoughtfully renovated, the property retains the charm and structural character today’s renters love, while offering the peace of mind of substantial updates and improvements. Spacious layouts, high ceilings, attractive curb appeal, and the walkable Freret location continue to drive strong tenant interest in today’s market. Investors seeking stabilized multifamily income in a high-demand area Owner-occupants looking to offset living expenses Mid-term or traveling medical professional rental strategies Buyers wanting a low-vacancy location and can walk to hospitals, universities, dining, and entertainment Fully renovated 4-plex Strong in-place rental income Opportunity for increased rents / value-add potential Blocks from Ochsner Baptist Desirable Freret neighborhood location Historic charm with modern functionality Independent tenant-paid appliances X flood zone appeal may help with insurance considerations (buyer to verify) Whether you are expanding your portfolio or looking for a strategic owner-occupied investment, this property checks the boxes for today’s New Orleans multifamily market. Shown by appointment only for occupied units. Include Proof of funds or preapproval with offers. Some photos have been vritually staged.
    59 days
    |
    154
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke Garris 504-296-8286,

    United Real Estate Partners LLC 504-305-4930

    Source: GSREIN,MLS#: 2559886MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • Central, Window Unit
      Cooling
      • Central Air, Window Unit(s)
      Interior area
      • Total interior livable area: 5,749 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Porch
      • Exterior features: Fence, Porch
      Lot
      • Size: 6,120 Square Feet
      • Dimensions: 51-120
      • Features: City Lot, Rectangular Lot
      Details
      • Parcel number: 614334213
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman
      • Property subtype: Quadruplex, Multi Family, Multi Family
      Materials
      • Cedar, Wood Siding
      • Foundation: Raised
      • Roof: Asphalt,Shingle
      Condition
      • Very Good Condition
      • Year built: 1907

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $131/sqft
      • Tax assessed value: $389,700
      • Annual tax amount: $5,144
      • Date on market: 5/26/2026

        Estimated market value

        $716,700

        $681,000 - $753,000

        $1,926/mo

        Price history

        DateEventPrice
        7/20/2026Price change$755,000-0.5%$131/sqft
        Source: GSREIN #2559886 Report a problem
        7/15/2026Price change$759,000-0.4%$132/sqft
        Source: GSREIN #2559886 Report a problem
        7/6/2026Price change$762,000-0.3%$133/sqft
        Source: GSREIN #2559886 Report a problem
        6/26/2026Price change$764,000-0.1%$133/sqft
        Source: GSREIN #2559886 Report a problem
        6/22/2026Price change$765,000-0.3%$133/sqft
        Source: GSREIN #2559886 Report a problem
        6/4/2026Price change$767,000-0.3%$133/sqft
        Source: GSREIN #2559886 Report a problem
        5/26/2026Listed for sale$769,000-18.1%$134/sqft
        Source: GSREIN #2559886 Report a problem
        10/8/2025Listing removed$939,000$163/sqft
        Source: GSREIN #2502074 Report a problem
        9/30/2025Price change$939,000-0.2%$163/sqft
        Source: GSREIN #2502074 Report a problem
        9/22/2025Price change$941,000-0.2%$164/sqft
        Source: GSREIN #2502074 Report a problem
        9/17/2025Price change$943,000-0.2%$164/sqft
        Source: GSREIN #2502074 Report a problem
        9/4/2025Price change$945,000-0.2%$164/sqft
        Source: GSREIN #2502074 Report a problem
        9/2/2025Price change$947,000-0.2%$165/sqft
        Source: GSREIN #2502074 Report a problem
        8/20/2025Price change$949,000+1.1%$165/sqft
        Source: GSREIN #2502074 Report a problem
        7/28/2025Price change$939,000-0.6%$163/sqft
        Source: GSREIN #2502074 Report a problem
        7/10/2025Price change$945,000-0.2%$164/sqft
        Source: GSREIN #2502074 Report a problem
        7/8/2025Price change$947,000-0.2%$165/sqft
        Source: GSREIN #2502074 Report a problem
        7/5/2025Price change$949,000-0.8%$165/sqft
        Source: GSREIN #2502074 Report a problem
        6/20/2025Price change$957,000-0.1%$166/sqft
        Source: GSREIN #2502074 Report a problem
        6/19/2025Price change$958,000-0.1%$167/sqft
        Source: GSREIN #2502074 Report a problem
        6/9/2025Price change$959,000-1.3%$167/sqft
        Source: GSREIN #2502074 Report a problem
        6/5/2025Price change$972,000-0.2%$169/sqft
        Source: GSREIN #2502074 Report a problem
        5/31/2025Price change$974,000-0.1%$169/sqft
        Source: GSREIN #2502074 Report a problem
        5/29/2025Price change$975,000-0.2%$170/sqft
        Source: GSREIN #2502074 Report a problem
        5/23/2025Listed for sale$977,000$170/sqft
        Source: GSREIN #2502074 Report a problem
        6/20/2017Sold--
        Source: GSREIN #2106295 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$5,144 $38,970
        2025$5,144 -1.5%$38,970
        2024$5,222 +13.8%$38,970 +19.5%
        2023$4,587 +4.7%$32,600 +4.7%
        2022$4,383 -6.6%$31,150 -4.4%
        2021$4,693 -10.9%$32,600 -10%
        2020$5,266 -3.8%$36,220
        2019$5,472 $36,220
        2018$5,472 $36,220
        2017$5,472 -1.9%$36,220 +115%
        2016$5,581 +118.2%$16,850
        2015$2,558 $16,850
        2014$2,558 +2.1%$16,850
        2013$2,505 $16,850 +24.8%
        2012-- $13,500
        2011-- $13,500
        2010-- $13,500
        2009-- $13,500 -10%
        2007-- $15,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Milan

        Getting around

        82 / 100
        Very Walkable
        43 / 100
        Some Transit
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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