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Bank-Owned 4-Plex Fixer-Upper

2514-16 South Tonti Street New Orleans, LA 70125

2514-16 South Tonti Street, New Orleans, LA, 70125
$200,000
For Sale
$200,000

A bank-owned 4-unit property with two occupied units and two vacant units, requiring full renovation throughout.

Property Size2,328 SF
Price / SF$85.91
Days on Market192

Property Features for 2514-16 South Tonti Street

General Information

Standard status
Active
Size
2,328 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse

Building Details

Year Built
1977
Listing agency Brittny McKay Real Estate
Listed by Brittny McKay · License #995714251
Source Compass
Added: Jan 12 Updated: Jul 22 at 6:46PM Checked: Jul 22 at 6:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brittny McKay Real Estate


Investment Insights

Based on property information with market context.

Bank-owned 4-plex featuring four residential units, with two currently rented and two vacant. The property is reported to be in poor condition and requires a full renovation.

The offering is located at 2514-16 South Tonti Street in New Orleans, LA 70125. This configuration supports an investor renovation and stabilization approach tailored to restore the asset and align the units for future occupancy.

As a residential income property, the building’s mix of occupied and vacant units provides an immediate starting point for a renovation plan while retaining existing rental status for half of the units.

Key Highlights

  • Bank‑owned 4‑unit property with 2 occupied units and 2 vacant units
  • 6 bedrooms and 4 full bathrooms in a 2‑story building
  • Built in 1977 with traditional slab foundation and asphalt roof

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Spa & Massage Center HVAC Service Real Estate Agency Computer & Electronic Repair Nail Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store Accounting Firm Home Appliance Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - A bank-owned 4-unit property with two occupied units and two vacant units, requiring full renovation throughout.
Where is this quadplex located?
The property is located at 2514-16 South Tonti Street New Orleans, LA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Bank‑owned 4‑unit property with 2 occupied units and 2 vacant units; 6 bedrooms and 4 full bathrooms in a 2‑story building; Built in 1977 with traditional slab foundation and asphalt roof
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