Discover this rare turnkey opportunity at 7237 Regent St — a spacious 5 unit complex converted into a Quadplex (REDUCED INSURANCE RATES!) multifamily property (approx. 3,450 sqft) built in 1996 and renovated in 2021. Perfectly positioned in the highly desirable Lakeview/West End neighborhood, this property sits near the lake, allowing tenants to enjoy effortless access to Lake Pontchartrain, waterfront dining, boating, and all the recreational amenities the Lakeview area has to offer. Tenants love the unbeatable location for extended corporate stays, relocations, or leisure getaways.
This is a 100% occupied mid-term rental with units that stay leased up consistently, offering true ease of ownership with low owner involvement and easy maintenance. It also includes ample parking (8 spaces) on a large 7,000+ sqft lot and is flexibly zoned for commercial development, providing a covered land play with strong upside potential.
Completely renovated in 2021 post Hurricane Zita and Ida (extensive renovation of flooring, exterior/interior paint, appliances, gutters, stairwell and 2nd floor landing, roof) - over $150,000 in modernization & repairs of some things which weren’t done correctly post-Katrina.
This property delivers the ideal combination of prime lakeside location, proven rental performance, and hands-off management potential. Whether you’re expanding your portfolio or seeking a high-demand income producer in one of New Orleans’ most sought-after areas, this one stands out.
Serious investors — don’t miss your chance to own a piece of this thriving lakeside market! Contact Rick Romano for inquiries & showings: 504-812-5330 or rick@bridgewater.realty. Please contact Rick instead of scheduling through showing time since we have to coordinate with the manager.
27 days
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263
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16
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Zillow last checked:
Listing updated:
Listed by:
Mason McCullough504-298-8631,
Bridgewater Realty Advisors, LLC504-901-0463
Source: GSREIN,MLS#: 2563323
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 8
Full bathrooms: 7
Heating
Central
Cooling
Central Air
Appliances
Laundry: In Unit
Features
Windows: Screens
Interior area
Total interior livable area: 3,844 sqft
Property
Parking
Total spaces: 3
Parking features: Off Street, Three or more Spaces
Features
Levels: Two
Stories: 2
Pool features: None
Lot
Size: 6,991 Square Feet
Dimensions: 7000
Features: City Lot, Rectangular Lot
Details
Parcel number: 716525305
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Quadruplex, Multi Family, Multi Family
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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