2703-2705 Palmer Avenue New Orleans, LA $ 700,000
2703-2705 Palmer Avenue
$ 700,000
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2703-2705 Palmer Avenue

New Orleans, LA, 70118
$ 700,000
Bedrooms7 Baths4.0 Sq 3,191

Monthly Estimate*

$ 4,420

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Multi-Family Home for sale in New Orleans, LA

for $700,000 with 7 bedrooms and 4 full baths. This 3,191 square foot home was built in 1950 on a lot size of 0.1328.

Versatile multi-fam property on a beautiful oak-lined street just minutes from Tulane and Loyola Universities. Unlike a typical double, this expanded layout offers multiple ways to live, lease, or invest. The 2703 side features a five bedroom unit with two living areas, hardwood floors, in-unit laundry and a 2024 balcony addition. Currently vacant and ready for occupancy, this spacious unit has a recent rental history of $6,000 per month. The 2705 side includes two one bedroom apartments generating a combined $2,400/month. Occupy one unit while rental income helps offset your monthly expenses, or lease all three units to maximize income potential! Additional highlights include dual driveways with ample off-street parking, a spacious backyard, fresh interior paint, recently replaced water heaters, and a roof approximately six years old. Don't miss this opportunity in one of Uptown's most convenient locations.

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Multi-Family Active

Price

$ 700,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman

Lot Size

0.1328

Year Built

1950

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2560341

Features
General
Sewer Public Sewer
Heating Central Window Unit
Cooling Central Air Window Unit(s)
Roof Metal Shingle
Architectural Style Craftsman
Pool Features None
Construction Materials Brick
Year Built 1950
Tenant Pays Electricity Gas Water
Stories Count 1
Levels One
Property Subtype Duplex
County Orleans
Property Type Residential Income
Full Baths 4
Status Active
City New Orleans
Number Of Units Total 3
Home Warranty Y/N 0
Property Condition Very Good Condition
Standard Status Active
Tax Lot C
Property Sub Type Additional Duplex
Legal Description BURTHEVILLE SQ 122 LOT C 48X118/123 2703-05 PALMER DU-W FILE #92085 2/07 FILE #92085 2/07
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Exterior
Exterior Amenities Fence
Parking Features Driveway Off Street Three or more Spaces
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.1328
Foundation Details Raised
Lot Dimensions 48 X 118/123
Lot Size Acres 0.1328
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 7
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* Excluded Features
List By
Reve, Realtors

Broker

kat@reverealtors.com

Email

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$4,420
Per Month
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Monthly Principal & Interest
$4,420
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Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/17/2026$700,000 -2.10% Price Down
6/12/2026$715,000 Listed Price

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2703-2705 Palmer Avenue, New Orleans, LA, 70118 is a Multi-Family Home for sale at $700,000 with 3,191 sqft and a lot size of 0.1328. 2703-2705 Palmer Avenue has 7 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 70118 which is in New Orleans, LA