701 GORDON Street New Orleans, LA $ 220,000
701 GORDON Street
$ 220,000
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701 GORDON Street

New Orleans, LA, 70117
$ 220,000
Bedrooms4 Baths2.0 Sq 1,438

Monthly Estimate*

$ 1,519

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Multi-Family Home for sale in New Orleans, LA

for $220,000 with 4 bedrooms and 2 full baths. This 1,438 square foot home was built in 1977 on a lot size of 0.1363.

LET'S TALK NUMBERS! If you are a yield-driven investor searching for a defensive, cash-flowing asset in the historic Holy Cross area, your opportunity has arrived to own this low-maintenance all brick double on a solid slab foundation with a new roof. Current FEMA maps indicate the dwelling is located in a preferred Flood Zone X which helps maximize your ROI from day one. Picture a fully stabilized scenario where this "Power-8HOUSE" is locked into a government-backed Section 8 ceiling of approximately $2,600 per month. With low overhead expenses, your net operating income has nice potential. Each 2Bd/1BA unit features high-demand features like a private driveway and its own backyard. One side is occupied for immediate cash flow so you can optimize the vacant unit to its full potential. Don't just look at today's numbers- check out the pro-forma metrics (Run the Numbers) and see how this property secures your portfolio's yield. Present your offer today!

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Multi-Family Active

Price

$ 220,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Ranch

Lot Size

0.1363

Year Built

1977

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2582071

Features
General
Living Area 1438.0
Sewer PublicSewer
Heating Gas
Cooling WindowUnits
Roof Shingle
Architectural Style Ranch
Pool Features None
Construction Materials Brick
Year Built 1977
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Duplex
Parcel Number 39W110114
County Orleans
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Full Baths 2
Status Active
Directions From intersection at Franklin Ave. continue to travel east on St. Claude Ave; Cross the canal; Turn right on Gordon; Dwelling sits on the corner of Gordon/Royal
City New Orleans
Senior Community Y/N N
Number Of Units Total 2
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 Duplex
Legal Description SQ 203 LOT 14 GORDON AND ROYAL 106X56 701 GORDON & 6055 ROYAL STREET DBLE/BR 1/STORY 5/RM EA SIDE
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Exterior
Parking Features Driveway OffStreet
Lot Features CornerLot CityLot
Water Source Public
Lot Size Area 0.1363
Foundation Details Slab
Spa N
Lot Dimensions 106 X 56
Lot Size Acres 0.1363
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 0
Laundry Features WasherHookup
Total Bedrooms 4
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* Excluded Features
List By
Anjel Rowan

Broker

butler.anjel@gmail.com

Email

Affordability Calculator

$1,519
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,519
Monthly Property Taxes
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Monthly Home Insurance
--
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
Pricing History
DatePricePrice ChangeDescription
10/17/2026$220,000 Listed Price

Map


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701 GORDON Street, New Orleans, LA, 70117 is a Multi-Family Home for sale at $220,000 with 1,438 sqft and a lot size of 0.1363. 701 GORDON Street has 4 bedrooms, 2.0 baths, and was built in 1977. The property's zip code is 70117 which is in New Orleans, LA