Four Well-Maintained Multi-Family
5228 North Rampart Street, New Orleans, LA 70117
Four meticulously cared for multi-family buildings in excellent condition.
Type:MULTI FAMILY FOR SALE / Townhouse
Property size:
3,080 SFPrice / SF:
$113/SF- Added:
- May 15, 2026
- Days on Market:
- 19
- Last Refresh:
- May 15 at 8:41 pm
Property Features for 5228 North Rampart Street
General Information
- Standard status
- Active
- Size
- 3,080 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1960
Listing agent Dominique Rouzan License #995704148 (504) 252-0547
Listing office John Anthony Realty LLC (504) 252-0547
Listing date May 15, 2026
Source Compass
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 John Anthony Realty LLC
HighLights
- Significant investment opportunity: Four well‑maintained four‑plexes on the same plot.
- All units are fully occupied, providing immediate rental income.
- Buildings are in excellent condition, inside and out, featuring newer roofs (less than five years old).
- Each unit has its own electric and water meter, simplifying property management.
- Turnkey investment: Includes all appliances (refrigerators, stoves, microwaves, dishwashers).
- Significant upside potential for increased cash flow due to below‑market rents.
Overview
An exceptional investment opportunity to own four well-maintained four-plexes being sold together as a package deal. All four buildings are situated on the same plot of land. These solid brick/masonry buildings have been meticulously cared for and are in excellent condition inside and out. The properties feature newer roofs less than five years old and beautifully maintained grounds. The units are spacious and reflect true pride of ownership. Interior features include a combination of beautiful hardwood and ceramic tile flooring throughout the units. All units are uniform in size, offering consistency and ease of management for owner occupants and investors alike. All units are fully occupied with residents, providing immediate rental income from day one. All four buildings are electric, and each unit has its own electric meter and water meter, making property management more efficient, simplistic, and convenient. Included in the sale are all appliances including refrigerators, stoves, built-in microwaves, and dishwashers, making this a true turnkey investment opportunity. While the properties are currently leased below market rent, there is significant upside potential for increased cash flow. Given the outstanding condition of the buildings and the strong rental demand in today's market, investors have the opportunity to substantially increase rental income over time. This is a rare opportunity to own an impressive multi-family portfolio on valuable New Orleans real estate. These properties offer tremendous value and future potential.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0202832
- Latitude
- 29.9607713
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Four meticulously cared for multi-family buildings in excellent condition.
Where is this apartment building located?
The property is located at 5228 North Rampart Street New Orleans, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Significant investment opportunity: Four well‑maintained four‑plexes on the same plot.; All units are fully occupied, providing immediate rental income.; Buildings are in excellent condition, inside and out, featuring newer roofs (less than five years old).
