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11900-50 LAKELAND Court New Orleans, LA $ 2,450,000
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11900-50 LAKELAND Court
$ 2,450,000
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11900-50 LAKELAND Court

New Orleans, LA, 70128
$ 2,450,000
Bedrooms62 Baths31.31 Sq 34,100

Monthly Estimate*

$ 16,922

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Multi-Family Home for sale in New Orleans, LA

for $2,450,000 with 62 bedrooms and 31 full baths, 31 half baths. This 34,100 square foot home was built in 1980 on a lot size of 1.46.

PRICE REDUCTION! $32,070 per month actual gross rental income! Price reduction! Lakeland Manor is a portfolio of eight (8) adjacent fourplex apartment buildings totaling 31 units, ideally located in a quiet cul-de-sac off Bullard Avenue in New Orleans East all situated within immediate proximity, creating a cohesive and easily managed community. An additional 4plex located at 8017 Bullard next door is also for sale for total of 35 units. Each building is a well-maintained two-story fourplex offering spacious floorplans and consistent rental demand. The layout of the portfolio, clustered around Lakeland Court with frontage on Bullard Avenue, provides operational efficiency for leasing, management, and maintenance. All buildings benefit from strong physical condition and stabilized occupancy with upside potential through rent growth. This portfolio offers a turnkey investment in a stable, income-producing multifamily asset ideally suited for both seasoned multifamily investors seeking a reliable return profile and investors looking to scale quickly in a proven submarket.

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Multi-Family Active

Price

$ 2,450,000

Bedrooms

62

Full Bath

31

Half Bath

31

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

1.46

Year Built

1980

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2522884
Features
General
Living Area 34100.0
Sewer PublicSewer
Heating Central
Cooling CentralAir
Roof Shingle
Architectural Style Traditional
Security Features ClosedCircuitCameras
Construction Materials Brick VinylSiding
Year Built 1980
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Apartment
Parcel Number per assessor
County Orleans
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Total Rooms 0
Full Baths 31
Status Active
City New Orleans
Senior Community Y/N N
Number Of Units Total 0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition VeryGoodCondition
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Property Sub Type Additional Apartment
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Exterior
Parking Features Driveway OffStreet ParkingLot
Lot Features OneToFiveAcres CulDeSac CityLot
Water Source Public
Lot Size Area 1.46
Foundation Details Slab
Spa N
Lot Dimensions 1.46
Lot Size Acres 1.46
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 31
Laundry Features WasherHookup
Total Bedrooms 62
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* Excluded Features
List By
Bridgewater Realty Advisors, Llc

Broker

bryce@bridgewater.realty

Email

Affordability Calculator

$16,922
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,922
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/24/2026$2,450,000 -6.13% Price Down
1/29/2026$2,610,000 -5.67% Price Down
9/23/2025$2,767,000 Listed Price

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11900-50 LAKELAND Court, New Orleans, LA, 70128 is a Multi-Family Home for sale at $2,450,000 with 34,100 sqft and a lot size of 1.46. 11900-50 LAKELAND Court has 62 bedrooms, 31.31 baths, and was built in 1980. The property's zip code is 70128 which is in New Orleans, LA

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