2201 Annette St, New Orleans, LA 70119
FOR SALE

2201 Annette St
New Orleans, LA 70119

Seventh Ward
  • 4 Beds
  • 4 Baths
  • 3,016 sqft
  • 4 Beds
  • 4 Baths
  • 3,016 sqft

$475,000

Est. Mortgage $2,903/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Now available for sale, 2201 Annette St is a 100% occupied, ±3,016 SF fourplex within a neighborhood characterized by vibrant growth and transformation. This property is unique in the neighborhood for its multifamily zoning (HU-RD2). The complex presents a lucrative opportunity for investors through strong cash flow and potential for rent increases through value-add cosmetic and amenity upgrades. Annette St is nestled in an area rapidly developing with new constructions and renovations and near St Bernard Ave, making it highly attractive for tenants. Tenants will benefit from proximity to essential city landmarks, including the Faubourg Marigny, the Fairgrounds, St Roch Market, and the French Quarter, enhancing the living experience. Additionally, the property offers convenient ±3 minute access to I-10. ***To access the FINANCIALS (rent roll, income, expense, etc.), please navigate to our website, linked directly BELOW, and click “Access Privileged Documents.” From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.*** https://elifinrealty.com/deals/100-percent-occupied-fourplex-in-rapidly-developing-neighborhood-2201-annette-st-new-orleans-la-70119/

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
No HOA Fee
Price/Sqft
$157
Listed
68 days ago

Home Details for 2201 Annette St

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3016 Square Feet

Days on Market

Days on Market: 68

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New Construction

Price & Status

Price
List Price: $475,000Price Per Sqft: $157

Active Status

MLS Status: Active

Location

Direction & Address
City: New OrleansCommunity: Rural Tract (No Subd)
School Information
Elementary School District: Orleans ParishJr High / Middle School District: Orleans ParishHigh School District: Orleans Parish

Agent Information

Listing Agent
Listing ID: 2024002938

Building

Building Area
Building Area: 3016 Square Feet

HOA

Association for this Listing: Greater Baton Rouge Association of REALTORS®

Lot Information

Lot Area: 6534 sqft

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 2024002938Beast Property Type Property Sub Type: Multi-Family - Fourplex (4 Units)
Last check for updates: about 14 hours ago
Listing courtesy of Mathew Laborde SIOR CCIM
Elifin Realty, (800) 895-9329
Originating MLS: Greater Baton Rouge Association of REALTORS®
Source: ROAM MLS, MLS#2024002938

Price History for 2201 Annette St

DatePriceEventSource
02/21/2024$475,000Listed For SaleROAM MLS #2024002938

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Property Taxes and Assessment

Year2022
Tax$1,608
Assessment$114,300
Home facts updated by county records

Comparable Sales for 2201 Annette St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.38
Multi-Family Home
-
08/30/23
4
3
1,998
0.08
Multi-Family Home
-
02/01/24
4
2
1,647
0.11
Multi-Family Home
-
02/01/24
4
2
1,647
0.15
Multi-Family Home
-
03/20/24
3
2
2,430
0.22
Multi-Family Home
-
02/09/24
6
6
3,134
0.13
Multi-Family Home
-
02/23/24
4
2
1,796
0.31
Multi-Family Home
-
03/04/24
4
2
1,950
0.15
Multi-Family Home
-
10/11/23
4
2
1,503
0.22
Multi-Family Home
-
02/16/24
6
6
2,541
0.40
Multi-Family Home
-
04/01/24
6
4
2,510

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Seventh Ward

  • Trulia User
    "very easy 13 minutes from downtown .. right on 4 bus lines. And on a good day A nice walk to downtown and good sightseeing 20 minutes walk."
    3
    Flag
  • Trulia User
    "My immediate area is more young professionals than families, so not alot of kids in the neighborhood."
    0
    Flag
  • Trulia User
    "This is the perfect spot for Jazz Fest. I can hear the music from the Gentilly Stage in my backyard. Also great for opening day at the fairgrounds and for second lines on Broad"
    3
    Flag
  • Trulia User
    "Streets are safe walking dogs but are uneven and often obstructed. The neutral ground on Esplanade provides the best area to walk your dogs away from normal sidewalks. "
    0
    Flag
  • Vivawhitlark
    "There are good yards in the neighborhood so most houses will have a nice private space for a dog to be outside. "
    0
    Flag
  • Kelsey R. T.
    "Easy to get around,safe and neighborly feel,close to French quarter,Bayou St. John and MidCity. Lots of food options. "
    2
    Flag
  • Reggie M.
    "There are many good festivals nearby and the area is enriched in the city's history and culture. very close to City Park and the Quarter."
    0
    Flag
  • Nik D.
    "Dirty yet clean. Like the rest of New Orleans. It’s different every street and every house. But the entire place has character "
    0
    Flag
  • Julie L.
    "Plenty of grass for dogs to take care of business. No public trash cans but so far, neighbors have not complained about putting the dog poop bag in their trash. Too many cats roaming if your dog is cat reactive, you need to be alert. Must also be careful of Galvez and Miro traffic, some people go flying down at high speeds. "
    0
    Flag
  • Maguina J.
    "I love my neighborhood!!! My neighborhood Is kid friendly,everything is walking distance from everything bus,stores what ever you need!"
    2
    Flag
  • Deslattejohn
    "DO NOT MOVE HERE!!! This place sucks. Roads suck, people blast music all night long where it sounds like it’s in your house and their 3 blocks away every night of the week. Gunshots every half hour. "
    5
    Flag
  • Deslattejohn
    "I live on a block that is relatively safe and everyone is great to live around. I look down the street, at the end of the block and there’s people being shot. And drive by’s"
    2
    Flag
  • Jacqueline T.
    "I would say that there are Some areas have kids playing outside and there are other areas that don’t. "
    1
    Flag
  • Dawanhouse
    "My neighborhood is a place where I am terrified to go outside the rent is high and the police rarely drives around to check on community "
    6
    Flag
  • Katie g.
    "Still not a super safe neighborhood, definitely don’t let your kids roam around the area after dark and keep doors locked."
    1
    Flag
  • Aldagar b.
    "Diverse, friendly neighborhood with both long term and brand new residents who get along well. All the neighbors say hi to one another, and many are old friends."
    58
    Flag

LGBTQ Local Legal Protections

Mathew Laborde SIOR CCIM, Elifin Realty
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 ROAM MLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2201 Annette St, New Orleans, LA 70119 is a 4 bedroom, 4 bathroom, 3,016 sqft multi-family. 2201 Annette St is located in Seventh Ward, New Orleans. This property is currently available for sale and was listed by ROAM MLS on Feb 21, 2024. The MLS # for this home is MLS# 2024002938.