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6 Beds
3 Baths
2,728 SqFt
6 Beds
3 Baths
2,728 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,728 sqft
Price per Sqft $163
MLS Listing ID 2582541
Style Other
Bedrooms 6
Full Baths 3
Construction Status Very Good Condition
HOA Y/N No
Year Built 1930
Property Sub-Type Triplex
Property Description
No HOA. Reported flood designation is X500; buyer to verify.
Come see the possibilities! Showings require at least 48 hour notice. This triplex at 700 Milan Street features 6 bedrooms, 3 bathrooms and approximately 2,728 square feet.
Major updates include a roof replaced in 2022, new windows in April 2025, and new electrical service and breaker panels in spring 2026. Unit 702 received a new water heater in 2025, and Unit 4209 has three new window air conditioners.
For investors, all three units are occupied by longtime tenants, with current rent reported at $925 per unit. Recent improvements may help reduce some maintenance needs, while proximity to dining, shopping and transportation supports rental potential. Buyers should review leases, expenses and property condition when evaluating long term value. Future income and appreciation are not guaranteed. Buyers considering personal occupancy should verify lease obligations and possession timing. Investors may explore potential rents, subject to verification through current comparable rentals, unit condition and existing lease terms. Personal occupancy may also be an option, subject to existing leases.
Information deemed reliable but not guaranteed. Buyer to verify all details.
Location
State LA
County Orleans
Interior
Heating Other
Cooling Window Unit(s)
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Fence
Parking Features Off Street
Pool None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description Corner Lot, City Lot
Entry Level One and One Half
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories One and One Half
Construction Status Very Good Condition
Others
Tax ID 700-MILANST
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
–Franklin D. Roosevelt
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