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2226 Barracks St

New Orleans LA 70119

4
3
2832 sq. ft.
0.11 ac.
Duplex
Currently for sale - view listing

Overview

Owner Financing ***Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years, Additional Principal Payment: 10% due at year 2, Balloon Payment: Remaining balance due at year 5*** Tenant-occupied multifamily investment opportunity in a prime New Orleans location just off Esplanade Avenue. This historic income-producing property offers current in-place rental revenue of $3,922 per month, off-street parking, and a flexible three-unit configuration. Distinctive architectural character, updated interiors, and strong access to the French Quarter, Fair Grounds, CBD, and other major demand drivers make this a solid opportunity for investors seeking cash flow with long-term upside.

Features

4 bedrooms
3 bathrooms
2832 sq. ft. floor area
0.11 ac. lot size
Duplex

Property history for 2226 Barracks St

2024
Rented
Undisclosed
13 May 2024 by Wurth Real Estate Services
2015
Rented
Undisclosed
19 May 2015 by LATTER & BLUM PROPERTY MANAGEMENT, INC
2014
Rented
Undisclosed
02 Sep 2014 by LATTER & BLUM PROPERTY MANAGEMENT, INC

Happy sellers in New Orleans

67%
67% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

New Orleans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in New Orleans over the last 12 months.

Local market activity for 4 bedroom duplexes in New Orleans

In the last 12 months, 63 four-bedroom duplexes similar to 2226 Barracks St, have been sold.

This represents a 12% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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