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318 N Olympia Street New Orleans, LA $ 525,000
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$ 525,000 Get more info
318 N Olympia Street
$ 525,000
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318 N Olympia Street

New Orleans, LA, 70119
$ 525,000
Bedrooms-- Baths-- Sq 4,930

Monthly Estimate*

$ 3,233

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Commercial Property for sale in New Orleans, LA

for $525,000. This 4,930 square foot building was built in 1940.

Mid-City location offering a six-plex brimming with potential. Upstairs, two spacious 3-bedroom, 1-bathroom units with private front porches, great for unwinding, alongside the comfort of central HVAC and warm wood floors. Downstairs, find three units, each featuring two bedrooms, a bathroom, and tile floors with a combination or mini-splits and window units. Each of the 5 units in the main building has an open-plan living area, while the back house provides a cozy one-bedroom with central HVAC. Laundry hookups in the shared portion of the rear building, and a neighboring laundromat offer added convenience. The long driveway on the right side of the property and spaces in front offer ample parking. New ROOF Spring 2024! Separate electric meters and two water meters. Fully occupied, please allow 48 hours notice for any showing requests.

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Commercial Active

Price

$ 525,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1940

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2560971
Features
General
Sewer Public Sewer
Zoning HU-RD2
Construction Materials Block Other Wood Siding
Year Built 1940
Tenant Pays All Utilities
Stories Count 2
Levels Two
Accessibility Accessibility Features
County Orleans
Property Type Commercial Sale
Subdivision Name Not a Subdivision
Total Rooms 0
Full Baths 0
Status Active
Directions Turn onto N Olympia from Bienville St.
City New Orleans
Structure Type Mixed Use
Standard Status Active
Tax Lot E
Legal Description SQ 595 LOT E OR 14 N OLYMPIA 42X113
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Exterior
Parking Features Driveway Off Street
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Building Area Total 4930
Lot Dimensions 42 x 113
Lot Size Acres 0
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Satsuma Real Estate Llc

Broker

will.matt.king@gmail.com

Email

Affordability Calculator

$3,233
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/2/2026$525,000 Listed Price

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318 N Olympia Street, New Orleans, LA, 70119 is a Commercial Property for sale at $525,000 with 4,930 sqft. 318 N Olympia Street was built in 1940. The property's zip code is 70119 which is in New Orleans, LA

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