2714 Milan Street New Orleans, LA 70115
Listing Courtesy of: GULF SOUTH / Listed By: Luke Garris, ERA Powermark Properties

  2714 Milan Street New Orleans, LA 70115

Active (3 Days)
$769,000 (USD)
9
BED
6
BATH
5,749
SQFT

Description

Rare opportunity to own a renovated fourplex in the heart of New Orleans’ highly desirable Freret Corridor, just blocks from Ochsner Baptist and surrounded by some of the city’s strongest rental demand. Blending historic New Orleans character with modern updates, this property offers a compelling mix of stability, NOLA history, and long-term upside.

The property features four well-designed units totaling approximately 5,749 living square feet, with a current rental income of nearly $7,000/month and additional upside through lease optimization or owner occupancy. All units are tenant occupied, with two in month-to-month agreements, if the need is for owner occupancy.

Originally built in 1907 and thoughtfully renovated, the property retains the charm and structural character today’s renters love, while offering the peace of mind of substantial updates and improvements. Spacious layouts, high ceilings, attractive curb appeal, and the walkable Freret location continue to drive strong tenant interest in today’s market.

Investors seeking stabilized multifamily income in a high-demand area
Owner-occupants looking to offset living expenses
Mid-term or traveling medical professional rental strategies
Buyers wanting a low-vacancy location and can walk to hospitals, universities, dining, and entertainment

Fully renovated 4-plex
Strong in-place rental income
Opportunity for increased rents / value-add potential
Blocks from Ochsner Baptist
Desirable Freret neighborhood location
Historic charm with modern functionality
Independent tenant-paid appliances
X flood zone appeal may help with insurance considerations (buyer to verify)

Whether you are expanding your portfolio or looking for a strategic owner-occupied investment, this property checks the boxes for today’s New Orleans multifamily market.

Shown by appointment only for occupied units. Include Proof of funds or preapproval with offers.
Some photos have been vritually staged.

MLS #:
2559886
Lot Size
6,120 SQFT
Type
Multifamily
Year Built
1907
Style
Craftsman
County
Orleans Parish

Listed By

Luke Garris, ERA Powermark Properties
Source
GULF SOUTH
Last checked May 29 2026 at 6:08 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
  • Half Bathroom: 1
Lot Information
  • City Lot
  • Rectangular Lot
Property Features
  • Foundation: Raised
Heating and Cooling
  • Central
  • Window Unit
  • Central Air
  • Window Unit(s)
Exterior Features
  • Roof: Shingle
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Off Street
Stories
  • 3
Living Area
  • 5,749 sqft
Location
   
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Disclaimer: Copyright 2026 Gulf South Real Estate Information Network. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 5/29/26 11:08