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  • $535,000

    3215 Dryades St, New Orleans, LA 70115

    6beds
    2,700sqft
    : 
    $3,548/mo
    Get pre-qualified
    Multi Family, Apartment
    Built in 2000
    -- sqft lot
    $-- Zestimate®
    $198/sqft
    $-- HOA

    What's special

    Comfortable functional living spaceModern conveniences
    SELLER FINANCING - 6%, 30 year Amortization, 5 yr Balloon. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. $5,850/month gross income. This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio. Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3–5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers. The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.
    24 days
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    232
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mason McCullough 504-298-8631,

    Bridgewater Realty Advisors, LLC 504-901-0463,

    Cameron Griffin 504-535-5680,

    Bridgewater Realty Advisors, LLC

    Source: GSREIN,MLS#: 2566711MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Window Unit
      Cooling
      • Window Unit(s)
      Interior area
      • Total interior livable area: 2,700 sqft

      Property

      Parking
      • Parking features: Driveway, Off Street, Parking Lot
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony
      • Exterior features: Balcony
      Lot
      • Size: 4,800 Square Feet
      • Dimensions: 40 x 120
      • Features: City Lot, Rectangular Lot
      Details
      • Parcel number: 412202904
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family, Apartment
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Very Good Condition
      • Year built: 2000

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $198/sqft
      • Tax assessed value: $205,600
      • Annual tax amount: $2,714
      • Date on market: 2/13/2026
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,841/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$535,000$198/sqft
        Source: GSREIN #2566711 Report a problem
        7/1/2026Listing removed$535,000$198/sqft
        Source: GSREIN #2538046 Report a problem
        6/10/2026Price change$535,000-2.7%$198/sqft
        Source: GSREIN #2538046 Report a problem
        3/9/2026Price change$550,000-5.2%$204/sqft
        Source: GSREIN #2538046 Report a problem
        1/13/2026Listed for sale$580,000$215/sqft
        Source: GSREIN #2538046 Report a problem
        9/30/2016Sold--
        Source: Public Record Report a problem
        11/23/2015Sold--
        Source: Public Record Report a problem
        9/12/2013Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$2,714 $20,560
        2025$2,714 -1.5%$20,560
        2024$2,755 +21.6%$20,560 +27.7%
        2023$2,265 +3.6%$16,100 +3.6%
        2022$2,187 -5.7%$15,540 -3.5%
        2021$2,318 -1%$16,100
        2020$2,341 -4.4%$16,100 -0.6%
        2019$2,447 $16,200
        2018$2,447 $16,200 +14.9%
        2017$2,447 -1.9%$14,100 -10%
        2016$2,496 +4.9%$15,670
        2015$2,378 $15,670
        2014$2,378 +2.1%$15,670
        2013$2,330 $15,670
        2012-- $15,670
        2011-- $15,670 -11.8%
        2010-- $17,760
        2009-- $17,760
        2007-- $17,760
        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: Central City

        Getting around

        86 / 100
        Very Walkable
        55 / 100
        Good Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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