Active

Price cut: $75K (6/4)

$1,275,000

321-325 S Bengal Rd, New Orleans, LA 70123

26beds

6,429sqft

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Multi Family, Apartment

Built in 1980

-- sqft lot

$1,163,200 Zestimate^®

$198/sqft

$-- HOA

What's special

Security camerasComplete bathroom renovations

9% cap on actuals, one vacancy when filled brings property to 10% cap. Over $250,000 in renovation work completed in past year including all new underground plumbing, interior renovations to ~3/4 of units including flooring, Sheetrock, paint, appliances, complete bathroom renovations, etc. Metal roof in great shape with all new screws and foam. New shed for maintenance storage. Security cameras. 15/16 units occupied leaving room to grow rent roll and increase value. Gross monthly rents currently over $17k/month, will be over $18k/month at 100% occupancy. All vouchers are 1 bedroom which leaves even more room to increase cash flow by getting the 10 2 bedrooms up to 2 bedroom vouchers. All financials in attachments. Agent/Owner

107 days

87

5

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 26
Bathrooms: 16
Full bathrooms: 16

Heating

Window Unit

Cooling

Window Unit(s)

Features

Windows: Screens

Interior area

Total interior livable area: 6,429 sqft

Property

Parking

Parking features: Off Street

Features

Levels: Two
Stories: 2
Exterior features: Fence
Pool features: None

Lot

Size: 6,900 Square Feet
Dimensions: 60 x 115
Features: City Lot, Rectangular Lot

Details

Parcel number: 0910006095
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family, Apartment

Materials

Block
Foundation: Slab
Roof: Metal

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: $198/sqft
Date on market: 3/12/2026

Estimated market value

$1,163,200

$1.11M - $1.22M

$1,328/mo

Price history

Date	Event	Price
6/4/2026	Price change	$1,275,000-5.6%$198/sqft
Source: GSREIN #2547424 Report a problem
4/1/2026	Price change	$1,350,000-3.6%$210/sqft
Source: GSREIN #2547424 Report a problem
3/13/2026	Listed for sale	$1,400,000$218/sqft
Source: GSREIN #2547424 Report a problem

Public tax history

Tax history is unavailable.

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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