2414 16 Monroe Street
New Orleans, LA 70118
- 7 beds
- 4 baths
- 3,812 sqft
- $90 per sqft
- 1956 build
Investment Opportunity in Prime New Orleans Location! Central location for investment. Easy to show but please call for an appointment. Easily rented, 4 units and huge 60 X150 lot. Present long term tenants occupying 2414 B and 2414 C. Units 2414 and 2416 are recently vacant waiting for new tenants. Two driveways! New roof installed in 2021! Discover this exceptional four-unit property at 2414 Monroe Street, perfectly situated in the heart of New Orleans. This well-maintained building boasts a charming exterior that enhances its curb appeal, making it an attractive option for potential tenants. Each unit is generously sized, ideal for both families and roommates seeking comfortable living spaces. With ample off-street parking, convenience is a key feature of this property, setting it apart in a bustling urban environment. Owned by the same dedicated owners since 2018, this property has been consistently updated and maintained, ensuring a clean and inviting atmosphere for residents. This is a rare chance to invest in a stable income-generating asset in a vibrant community. Don’t miss out on the potential this property offers! Located on bus line for easy commuting. Located in desirable X flood zone. Listing agent is related to seller.
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Last updated Apr 11, 2025
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MLS# 2495603 —
The Building
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Year Built:1956
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Year Built Details:Renovated in 2018. New HVAC in unit 2416 and 2414 B. Existing termite contract. New roof 2021. New Exterior paint 2025
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Construction Materials:Brick Veneer
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Building Area Source:Appraiser
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Roof:Asphalt, Shingle
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Foundation:Other
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Exterior Features:Porch
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Patio Features:Porch
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Levels:Two
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Stories:2
Interior
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Living Area:3812
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Living Area Source:Appraiser
Financial & Terms
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Home Warranty:No
Location
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Directions:Travel Claiborne towards Jefferson Parish. Turn right on Monroe and property is on the left.
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Cross Street:Nelson St, Leonidas St, S. Claiborne Ave., Eagle S
The Property
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Parcel Number:716307114
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:Very Good Condition
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:60x150
Listing Agent
- Contact info:
- Agent phone:
- (504) 861-7575
- Office phone:
- (504) 861-7575
Taxes
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Tax Lot:23-24
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Tax Legal Description:Sq 338, Lots 23-24, Seventh District
Beds
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Bedrooms Total:7
Baths
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Full Baths:4
The Listing
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Current Price:$345,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central, Window Unit
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Heating:Yes
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Cooling:Central Air, Window Unit(s)
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Pool Features:None
Parking
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Parking Features:Driveway, Off Street
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/10/25
Apr 10, 2025
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Listed / Active | GSREIN | $345,000 | 117.0% (14.3% / YR) |
|
2/3/17
Feb 3, 2017
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GSREIN | $159,000 | ||
|
8/29/16
Aug 29, 2016
|
GSREIN |
