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  • $624,999

    2714 N Galvez St, New Orleans, LA 70117

    12beds
    5,252sqft
    : 
    $4,145/mo
    Get pre-qualified
    Multi Family, Apartment
    Built in 2023
    -- sqft lot
    $604,400 Zestimate®
    $119/sqft
    $-- HOA

    What's special

    Central airUpdated kitchensOpen floor plansHardwood floors
    1031 Exchange or as a Cash Cow! This stunning, newly renovated 6-unit building is a money-making machine with significant upside potential. Currently, the property is generating only $5,800/month — well below market value — creating an exceptional opportunity for investors to maximize rental income. Section 8 Rent Potential: 1 Bedroom Units: $1,149/month each x 2 units = $2,298/month 2 Bedroom Units: $1,362/month each x 2 units = $2,724/month 3 Bedroom Units: $1,750/month each x 2 units = $3,500/month Total Potential Section 8 Income: $8,522/month That’s a $102,264/year potential income! Key Features: Fully Renovated in 2023 from the studs up Professionally Managed, cash-flowing Section 8 rental Upstairs Units: 2 x 3-bedroom, 1-bath units with updated kitchens, hardwood floors, and open floor plans Downstairs Units: 4 units — 2 x 2-bedroom, 1-bath and 2 x 1-bedroom, 1-bath units, each with separate water & electricity meters and central air Ample Storage space throughout the building This is your chance to own a premium investment property that is cash-flowing and poised for growth. Whether you're looking for steady monthly income or a 1031 Exchange opportunity, this property is a standout. Bonus: Seller Financing & Bond for Deed Friendly! This turnkey property won’t last long! Owner/Agent is a licensed real estate professional. Don’t miss out – schedule a viewing today!
    195 days
    |
    83
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Lee 678-488-8650,

    Fleur De Lee Realty, LLC 678-250-4114

    Source: GSREIN,MLS#: 2538908MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Ductless, Window Unit, Wall Furnace
      Cooling
      • Window Unit(s)
      Features
      • Windows: Screens
      Interior area
      • Total interior livable area: 5,252 sqft

      Property

      Parking
      • Parking features: Off Street, Parking Lot
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony
      • Exterior features: Balcony, Fence
      Lot
      • Size: 4,996 Square Feet
      • Dimensions: 30 x 124,24 x 31
      • Features: City Lot, Irregular Lot
      Details
      • Parcel number: 701172714NGalvezST12
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family, Apartment
      Materials
      • Block, Concrete, Wood Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Excellent
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $119/sqft
      • Tax assessed value: $226,700
      • Annual tax amount: $2,992
      • Date on market: 1/19/2026
      • Tenant pays: Electricity, Gas, Water

        Estimated market value

        $604,400

        $574,000 - $635,000

        $1,774/mo

        Price history

        DateEventPrice
        1/19/2026Listed for sale$624,999+4.3%$119/sqft
        Source: GSREIN #2538908 Report a problem
        9/19/2025Listing removed$598,999$114/sqft
        Source: GSREIN #2467261 Report a problem
        9/8/2025Price change$598,999-0.2%$114/sqft
        Source: GSREIN #2467261 Report a problem
        2/6/2025Price change$599,999-4%$114/sqft
        Source: GSREIN #2467261 Report a problem
        1/8/2025Price change$624,999-3.8%$119/sqft
        Source: GSREIN #2467261 Report a problem
        12/11/2024Price change$649,999-7.1%$124/sqft
        Source: GSREIN #2467261 Report a problem
        10/30/2024Price change$699,999-6.7%$133/sqft
        Source: GSREIN #2467261 Report a problem
        9/18/2024Listed for sale$750,000+173.7%$143/sqft
        Source: GSREIN #2467261 Report a problem
        4/11/2022Sold--
        Source: GSREIN #2328782 Report a problem
        3/4/2022Pending sale$274,000$52/sqft
        Source: GSREIN #2328782 Report a problem
        2/22/2022Price change$274,000-5.2%$52/sqft
        Source: GSREIN #2328782 Report a problem
        1/25/2022Listed for sale$289,000$55/sqft
        Source: GSREIN #2328782 Report a problem
        1/19/2022Pending sale$289,000$55/sqft
        Source: GSREIN #2328782 Report a problem
        1/14/2022Listed for sale$289,000+151.3%$55/sqft
        Source: GSREIN #2328782 Report a problem
        6/22/2018Sold--
        Source: Public Record Report a problem
        5/25/2018Pending sale$114,999$22/sqft
        Source: EXP Realty, LLC #2148913 Report a problem
        5/10/2018Price change$114,999-4.2%$22/sqft
        Source: EXP Realty, LLC #2148913 Report a problem
        4/4/2018Listed for sale$119,999$23/sqft
        Source: EXP Realty, LLC #2148913 Report a problem
        7/20/2011Sold--
        Source: Public Record Report a problem
        7/28/2006Sold--
        Source: Public Record Report a problem
        5/6/2005Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$2,992 $22,670
        2025$2,992 -1.5%$22,670
        2024$3,038 -5.4%$22,670 +2.9%
        2023$3,211 -14.1%$22,040 -17%
        2022$3,739 +226.7%$26,570 +234.2%
        2021$1,144 $7,950
        2020-- $7,950
        2019$1,201 $7,950
        2018$1,201 $7,950
        2017$1,201 +620.9%$7,950
        2016$167 +13.5%$7,950 +71%
        2015$147 $4,650 -33.6%
        2014$147 -78.8%$7,000
        2013$691 $7,000
        2012-- $7,000 +1.4%
        2011-- $6,900 -44.8%
        2010-- $12,500 +551%
        2009-- $1,920
        2007-- $1,920
        Find assessor info on the county website

        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: St. Claude

        Getting around

        60 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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