Fantastic opportunity to own a positive-cash-flow producing 5 plex in a high-demand Mid City location right off Canal Street and the streetcar line. Only $111.61 per sq ft!! Full occupancy monthly revenue is $6650 and all units are currently rented and always very easy to rent with multiple applications submitted. All windows in the building have been replaced; there is a shared laundry area, and off street parking for 2 cars. Also, separate gas and electric meters; owner pays water. Central AC/heat in all units except for one (bottom unit 3821C) which has a mini split and window units. The building offers many appealing architectural features: high ceilings, wood floors, antique mantles, exposed brick, clawfoot tubs, no carpet. A great buy!
Closed
Price Unknown
3821-23 Cleveland Ave, New Orleans, LA 70119
11beds
4,704sqft
Multi Family
Built in 1928
-- sqft lot
$480,400 Zestimate®
$--/sqft
$2,054 Estimated rent
Home value
$480,400
$423,000 - $548,000
$2,054/mo
Zestimate® history
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List your homeWhat's special
Clawfoot tubsWood floorsHigh ceilingsExposed brickAntique mantles
Zillow last checked:
Listing updated:
Listed by:
Sandra Green 504-259-8107,
Homesmart Realty South,
Erin Songer 504-296-3988,
Homesmart Realty South
Bought with:
Caroline Mang
Compass Garden District (LATT18)
Source: GSREIN,MLS#: 2507771
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Central, Window Unit
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total interior livable area: 4,704 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,948 Square Feet
- Dimensions: 30 x 93
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 105302721
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Stucco, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Very Good Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Date on market: 6/18/2025
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2025 | Sold | -- |
Source:  GSREIN #2507771 Report a problem | ||
| 6/27/2025 | Pending sale | $525,000$112/sqft |
Source: GSREIN #2507771 Report a problem | ||
| 6/18/2025 | Listed for sale | $525,000$112/sqft |
Source: GSREIN #2507771 Report a problem | ||
| 6/18/2025 | Listing removed | $525,000$112/sqft |
Source: GSREIN #2489189 Report a problem | ||
| 4/22/2025 | Price change | $525,000-3.7%$112/sqft |
Source: GSREIN #2477986 Report a problem | ||
| 2/25/2025 | Listed for sale | $545,000$116/sqft |
Source: GSREIN #2477986 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Tulane-Gravier
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Nearby schools
GreatSchools rating
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 2.8 mi
- NAWarren Easton Senior High SchoolGrades: 9-12Distance: 0.5 mi
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 3.2 mi
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Estimated market value
$480,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$480,400
- Louisiana
- Orleans Parish
- New Orleans
- 70119
- Tulane-Gravier
- 3821-23 Cleveland Ave
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