Description
Investment opportunity in the Historic Trem " just 5 minutes from the French Quarter! This fully occupied 8 plex at 1114 N Dorgenois Street combines classic New Orleans charm with modern amenities and reliable income, making it a standout 1031 exchange opportunity or a smart addition to any investment portfolio. Each spacious unit is tenant-occupied and cash flowing, generating a total of $10,100 per month in rental income. Tenants enjoy central AC, in-unit washer/dryer, large closets, all appliances, and ample storage. The property also features a dedicated parking lot with assigned tenant parking- a rare find in this area. Recent upgrades include a brand new roof and a current termite contract for added peace of mind. Located in an X flood zone, this property sits outside the high-risk flood area, reducing insurance costs. Ready for both seasoned investors and those expanding their portfolio, this turnkey asset offers consistent returns in one of New Orleans most culturally rich neighborhoods.
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16BEDS
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N/AACRES
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8BATHS
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01/2 BATHS
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8,640SQFT
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$127$/SQFT
School Ratings & Info
Description
Investment opportunity in the Historic Trem " just 5 minutes from the French Quarter! This fully occupied 8 plex at 1114 N Dorgenois Street combines classic New Orleans charm with modern amenities and reliable income, making it a standout 1031 exchange opportunity or a smart addition to any investment portfolio. Each spacious unit is tenant-occupied and cash flowing, generating a total of $10,100 per month in rental income. Tenants enjoy central AC, in-unit washer/dryer, large closets, all appliances, and ample storage. The property also features a dedicated parking lot with assigned tenant parking- a rare find in this area. Recent upgrades include a brand new roof and a current termite contract for added peace of mind. Located in an X flood zone, this property sits outside the high-risk flood area, reducing insurance costs. Ready for both seasoned investors and those expanding their portfolio, this turnkey asset offers consistent returns in one of New Orleans most culturally rich neighborhoods.
Broker and Associates are licensed in the State of Louisiana, USA.
Keaty Real Estate, LLC || (337) 235-7770 || Lafayette, LA.
Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Keaty Real Estate, LLC. Data last updated: 2025-12-05T15:35:18.78.
Listing courtesy of Gulf South Real Estate Information Network.