2833 Napoleon Ave, New Orleans, LA 70115
FOR SALE

2833 Napoleon Ave
New Orleans, LA 70115

Milan
  • 15 Beds
  • 9,954 sqft
  • 15 Beds
  • 9,954 sqft

$1,199,500

Original price: $1,250,000
Est. Mortgage $7,269/mo*
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Local Information

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Description

2833 Napoleon Ave offers a centrally located, commercial-zoned, multi-family property with strong existing income in place from 11 tenants. The property is fully occupied and includes a mixture of private 1-bedroom, 2-bedroom, and efficiency units along with communal living spaces. The right side was renovated post-Ida, featuring updated layouts in private units, while the left side houses communal areas and individual bedroom rentals. The property features high ceilings throughout, large rooms, original hardwood floors, historic detailing, sunrooms/porches, a vast unfinished basement currently housing laundry and storage, a large rear parking lot for 6-8 cars, and a 4th floor that is partially framed out for additional bedrooms or additional units. Additionally, the roof was fully replaced after Ida.

The property has updated electrical/plumbing but needs exterior renovation due to deferred maintenance. The opportunity exists for a purchaser to upgrade the left units as the owner has done or reposition into office, retail, restaurant, etc. while utilizing the substantial and consistent in-place income to offset costs.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$121
Listed
110 days ago

Home Details for 2833 Napoleon Ave

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 15Number of Bathrooms (full): 7Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 9954 Square Feet
Appliances & Utilities
Laundry: Common Area
Heating & Cooling
Heating: Window UnitHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Window Unit
Levels, Entrance, & Accessibility
Stories: 4

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Balcony, Porch, ScreenedExterior: Balcony, Enclosed PorchFoundation: Raised, Slab
Parking & Garage
Parking: Off Street,Parking Lot
Pool
Pool: None
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 110

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, ApartmentArchitecture: Other
Building
Construction Materials: StuccoNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: Average Condition, Resale

Price & Status

Price
List Price: $1,199,500Price Per Sqft: $121

Location

Direction & Address
City: New Orleans

Agent Information

Listing Agent
Listing ID: 2428882

Lot Information

Lot Area: 7200 sqft

Listing Info

Special Conditions: None

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Owner Pays: Electricity, Gas, Water

Miscellaneous

Mls Number: 2428882Living Area Range Units: Square Feet
Last check for updates: 1 day ago
Listing courtesy of Aaron Kazanoff
Ben & Burka, (504) 301-1002
Source: GSREIN, MLS#2428882

Price History for 2833 Napoleon Ave

DatePriceEventSource
04/16/2024$1,199,500PriceChange
GSREIN #2428882
01/08/2024$1,250,000Listed For SaleGSREIN #2428882

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Property Taxes and Assessment

Year2022
Tax$7,323
Assessment$520,400
Home facts updated by county records

Comparable Sales for 2833 Napoleon Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3400-06 Louisiana Ave, New Orleans, LA
0.35
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05/05/23
10
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5,339
3318-24 S Saratoga St, New Orleans, LA
0.53
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09/26/23
16
-
6,320
3308 Washington Ave, New Orleans, LA
0.56
Multi-Family Home
-
03/22/24
20
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7,370
3014 Louisiana Avenue Pkwy, New Orleans, LA
0.35
Multi-Family Home
-
02/29/24
6
5
3,220
2701-03 Octavia St, New Orleans, LA
0.49
Multi-Family Home
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08/18/23
7
5
4,541
2705 Milan St, New Orleans, LA
0.17
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-
08/24/23
5
3
2,150

Neighborhood Overview

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

What Locals Say about Milan

  • Trulia User
    "Tight knit neighborhood just minutes from anywhere in the city. Very moderately priced in comparison to other neighborhoods with great properties available."
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  • Akminldktanita22
    "Hi, it’s very Convenient to get from A 2 Z it’s. It’s neighborly Friendly! Except for a few of them. Thanks for hearing my statements . Let’s talk soon ! "
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  • Trulia User
    "Restaurants are good. Some homes are beautiful. Crime is out of hand so we’re moving. Our house will be for rent soon."
    1
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  • Damona
    "Very easy, this neighborhood is very central to most areas. At most it takes 10-15 minutes to get around."
    3
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  • Cara P.
    "I have two dogs so a dog friendly area is super important to me. this neighborhood is perfect for walks but there are quite a few stray cats so if your dog is sensitive to that, watch out! either way, it's a beautiful neighborhood! I love living here ! "
    4
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  • Jackie B.
    "many of the neighbors have lived here for decades and all seem to know each other and are very friendly"
    3
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  • Cara P.
    "I absolutely love this area. There's alot of diversity and beautiful architecture. I will say their are some car break ins but it's rare, in my opinion. I feel safe and comfortable here. "
    7
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  • Le V. N. L.
    "Love the neighborhood. Very quiet. Nice to see neighbors walking their dogs, jogging, walking their children to school. This is how I know I am living in a safe neighborhood."
    1
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  • L V
    "I have lived in the area for over a year now. Moved from Texas last year. Peace and quiet and I am two blocks from the street car. I am walking distance from Fat Harry's Bar, both Superior restaurants, and Fresh Market. I can't ask for anything more!"
    5
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  • Adriana Quisilema
    "I've been here and it is calm around here. I love it here! Neighbors are wonderful. It's well located regarding walking distance to restaurants, small shops, and close to a small movie theater."
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  • Vraenegrete
    "Close to the streetcar as well as a select few restaurants. Certain areas of the neighborhood are run down so you learn quickly which streets not to walk down."
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  • A
    "It’s pretty easy to get around despite the early morning and late afternoon traffic with so many schools around. It’s great though, I feel safe here. "
    1
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  • Mangobana
    "I love it here! Neighbors are wonderful. It's well located regarding walking distance to restaurants, small shops, and close to a small movie theater."
    7
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  • Gina N.
    "It’s a wonderful place to live. Beautiful and so much to do. It’s very urban. Not many green spaces. "
    1
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  • Nichole L.
    "Area has friendly people and unique charm. Love the feeling of community this neighborhood has to offer. "
    3
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LGBTQ Local Legal Protections

Aaron Kazanoff, Ben & Burka
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. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2833 Napoleon Ave, New Orleans, LA 70115 is a 15 bedroom, 9,954 sqft multi-family built in 1924. 2833 Napoleon Ave is located in Milan, New Orleans. This property is currently available for sale and was listed by GSREIN on Jan 8, 2024. The MLS # for this home is MLS# 2428882.