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  • $350,000

    5228 N Rampart St, New Orleans, LA 70117

    8beds
    3,080sqft
    : 
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    Quadruplex, Multi Family, Multi Family
    Built in 1960
    -- sqft lot
    $335,600 Zestimate®
    $114/sqft
    $-- HOA

    What's special

    Beautifully maintained groundsCeramic tile flooringSpacious units
    Exceptional investment opportunity to own four well-maintained four-plexes being sold together as a package deal! All four buildings are situated on the same plot of land and include 912 Egania Street (MLS 2558217), 926 Egania Street (MLS 2557802), 5229 Burgundy Street (MLS 2558223), and 5228 North Rampart Street (MLS 2558225). $350K per building. These solid brick/masonry buildings have been meticulously cared for and are in excellent condition inside and out. The properties feature newer roofs less than five years old, beautifully maintained grounds, and spacious units that reflect true pride of ownership. Interior features include a combination of beautiful hardwood and ceramic tile flooring throughout the units, adding both durability and timeless appeal. All units are uniform in size, offering consistency and ease of management for owner occupants and investors alike. All units are fully occupied with residents, providing immediate rental income from day one. All four buildings are electric, and each unit has its own electric meter and water meter, making property management more efficient, simplistic, and convenient. Included in the sale are all appliances including refrigerators, stoves, built-in microwaves, and dishwashers, making this a true turnkey investment opportunity. While the properties are currently leased below market rent, there is significant upside potential for increased cash flow. Given the outstanding condition of the buildings and the strong rental demand in today’s market, investors have the opportunity to substantially increase rental income over time. This is a rare opportunity to own an impressive multi-family portfolio on valuable New Orleans real estate. Whether you are looking to expand your investment portfolio, generate long-term passive income, or obtain appreciating assets in a thriving market, these properties offer tremendous value and future potential. Don't miss out on this incredible investment. Schedule your showing today!
    46 days
    |
    137
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dominique Rouzan 504-252-0547,

    John Anthony Realty LLC 504-233-3325,

    Lance Rouzan 504-473-6507,

    John Anthony Realty LLC

    Source: GSREIN,MLS#: 2558225MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: In Unit
      Interior area
      • Total interior livable area: 3,080 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Off Street, Parking Lot, Three or more Spaces
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Fence
      • Pool features: None
      Lot
      • Size: 6,080 Square Feet
      • Dimensions: 6080
      • Features: City Lot, Oversized Lot, Rectangular Lot
      Details
      • Parcel number: 5228NRAMPARTST
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Quadruplex, Multi Family, Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Excellent
      • Year built: 1960

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $114/sqft
      • Tax assessed value: $283,400
      • Annual tax amount: $3,741
      • Date on market: 5/15/2026
      • Tenant pays: Electricity, Gas, Water

        Estimated market value

        $335,600

        $319,000 - $352,000

        $2,295/mo

        Price history

        DateEventPrice
        5/15/2026Listed for sale$350,000$114/sqft
        Source: GSREIN #2558225 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$3,741 $28,340
        2025$3,741 -1.5%$28,340
        2024$3,797 +44%$28,340 +56.6%
        2023$2,637 +8%$18,100 +4.3%
        2022$2,441 -6.3%$17,350 -4.1%
        2021$2,606 $18,100
        2020-- $18,100 +12.4%
        2019$2,432 $16,100
        2018$2,432 $16,100
        2017$2,432 -1.9%$16,100
        2016$2,481 +1.5%$16,100
        2015$2,444 $16,100
        2014$2,444 +2.1%$16,100
        2013$2,394 $16,100 +54.4%
        2012-- $10,430 +4.3%
        2011-- $10,000 +478%
        2010-- $1,730
        2009-- $1,730
        2007-- $1,730

        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: Holy Cross

        Getting around

        50 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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