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520 Opelousas Avenue New Orleans, LA $ 599,000
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520 Opelousas Avenue
$ 599,000
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520 Opelousas Avenue

New Orleans, LA, 70114
$ 599,000
Bedrooms4 Baths3.0 Sq 2,990

Monthly Estimate*

$ 4,137

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Multi-Family Home for sale in New Orleans, LA

for $599,000 with 4 bedrooms and 3 full baths. This 2,990 square foot home was built in 1918 on a lot size of 0.04.

Whether you're a long-time investor or new to the game, this fully turnkey property is a great opportunity in Algiers Point! This triplex sits on tree-lined Opelousas Street and is just minutes from the ferry to downtown. It offers a longstanding history of success as a commercial short-term rental. The storefront unit would be a great space to utilize as an art studio or other commercial space. This studio unit is fully open concept and offers TALL ceilings and a modern, industrial vibe. Your upstairs unit is a 1 bed/ 1bath with an eye-catching mural and a large living space. The third unit is townhouse-style with 2 beds and 1 bath. There is a separate entrance for a well-sized laundry and storage space. Whether you're looking to occupy a unit yourself or keep them all as rentals, the location and charm can't be beat! Local places like Little House Wine Bar, Barracuda Taco Stand, Congregation Coffee, The Drift Inn Diner, & Tout de Suite Cafe are all close by - ensuring you and your guests have lots to experience in this amazing neighborhood! Recent upgrades include a new roof installed in 2022 and individual mini-split systems in each unit. HU-MU Zoning. Being sold fully furnished! Schedule a time to see this one ASAP! Owner/Agent.

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Multi-Family Active

Price

$ 599,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,607

Style

Traditional

Lot Size

0.04

Year Built

1918

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

200JMT
Features
Interior
Interior Amenities Open Floorplan Varied Ceiling Heights
Flooring Tile Wood Other
Basement (Y/N) N
Air Conditioning Y/N Y
Window Features Wood Frames
Fireplace Y/N N
Half Baths 0
Laundry Features In Unit Multiple Locations
Total Bedrooms 4
Total Baths 3
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General
Sewer Public Sewer
Cooling Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Available Sewer Connected Water Connected
Roof Shingle
Appliances Microwave Dryer Electric Range Electric Water Heater Refrigerator Washer
Zoning HU-MU
Architectural Style Traditional Other
Security Features Carbon Monoxide Detector(s) Security System Owned Smoke Detector(s)
Construction Materials Wood Siding Other
Year Built 1918
Electric Circuit Breakers
Stories Count 2
Property Subtype Duplex
Parcel Number 520-OPELOUSASAV
Community Features Close to Library Close to Public Transportation Curbs Playground Sidewalks Street Lights
County Orleans
New Construction N
Property Type Multifamily
HOA N
Attached Garage N
Subdivision Name Algiers Point
Garage Y/N N
Full Baths 3
Status Active
Directions Between Vallette & Verret on Opelousas
City New Orleans
Disclosures Property As Is
Senior Community Y/N N
High School District Orleans Parish
Number Of Units Total 3
MLS Area None
Lot Size Units Acres
Lot Size Square Feet 1700.0
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 6607.12
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor None
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/roam/200JMT
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Estimated
Tax Lot A-2
Legal Description Sq 118 Pts 7/8 Or Pts A/B Or A-2 25 X 68 520 Opelousas Ave & Olivier
Year Built Effective 2022
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Exterior Amenities Awning(s)
Fencing None
Parking Features None
Lot Features Corner Lot
Water Source Public
Total Parking 0.0
Lot Size Area 0.04
Foundation Details Slab
Spa N
Building Area Total 2990.0
Lot Dimensions 25 x 68
Lot Size Acres 0.04
Road Surface Type Concrete
Waterfront Y/N N
Number of Separate Water Meters 0
Number of Separate Electric Meters 3
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Leslie E Heindel

Listing Agent

Affordability Calculator

$4,688
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,137
Monthly Property Taxes
$551
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
5584834 Elementary School
5582639 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/2/2026$599,000 Listed Price

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520 Opelousas Avenue, New Orleans, LA, 70114 is a Multi-Family Home for sale at $599,000 with 2,990 sqft and a lot size of 0.04. 520 Opelousas Avenue has 4 bedrooms, 3.0 baths, and was built in 1918. The property's zip code is 70114 which is in New Orleans, LA

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