1114 N. Dorgenois New Orleans, LA 70119
Multi-Family
MLS #: 2530368
Listed By CENTURY 21 J. Carter & Company
Exterior with driveway to back parking lot
Property InformationDescription
Investment opportunity in the Historic Trem - just 5 minutes from the French Quarter! This fully occupied 8 plex at 1114 N Dorgenois Street combines classic New Orleans charm with modern amenities and reliable income, making it a standout 1031 exchange opportunity or a smart addition to any investment portfolio. Each spacious unit is tenant-occupied and cash flowing, generating a total of $10,100 per month in rental income. Tenants enjoy central AC, in-unit washer/dryer, large closets, all appliances, and ample storage. The property also features a dedicated parking lot with assigned tenant parking- a rare find in this area. Recent upgrades include a brand new roof and a current termite contract for added peace of mind. Located in an X flood zone, this property sits outside the high-risk flood area, reducing insurance costs. Ready for both seasoned investors and those expanding their portfolio, this turnkey asset offers consistent returns in one of New Orleans' most culturally rich neighborhoods.
Features
- Age: Over 50 Years Old
- Building Area: 8640.00 SF
- Cross Docks: N
- For Auction: N
- Full Bathrooms: 8
- Level Number: 2
- Lot Size Desc: Under 1/2 Acre
- Lot Size In Text: 10075 Sq. Ft.
- MLSID: 2530368
- Parking Places: 8
- Price Upon Request: N
- Property Use: Rental or Investment
- Sewer: City
- Style: Multi-Family (5-20 Units)
- Sublease: N
- Total Units: 8
- Water: City Water
- Year Built: 1970
- Zoning: HU-RD2
