5779-85 Tullis Drive New Orleans, LA 70131

Building Details

Year Built

1980

Listing agency Russell Frank Realty Group, L.L.C. l***@corp-realty.com Show Phone

Listed by Lawless Turner · License #995698200 Show Phone

Source Compass

Added: Aug 11, 2025 Updated: Jul 21 at 12:06AM Checked: Jul 21 at 12:06AM

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Investment Insights

Based on property information with market context.

This four-unit multifamily property includes four 3-bedroom, 1.5-bath units, each averaging 1,305 square feet of livable space. The building totals 5,220 square feet and offers in-unit laundry hookups, private yards, and off-street parking for two vehicles per unit. Three units are currently leased on term, and one unit is vacant.

The property is located in the Tall Timbers subdivision. Off-street parking is available with eight total spots for residents.

The four units are separately deeded, providing separate ownership structure within the overall four-plex configuration.

Key Highlights

• 4‑unit multifamily with 4 separately deeded assets
• Total 5,220 SF: four 3BR/1.5BA units averaging 1,305 SF each
• Current rents of $56,172 annual gross rent with potential to $79,200+ annual gross rent

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FAQs

What type of property is this?

Quadplex - Four 3BR/1.5BA units with in-unit laundry hookups, private yards, and two-vehicle off-street parking per unit.

Where is this quadplex located?

The property is located at 5779-85 Tullis Drive New Orleans, LA.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: 4‑unit multifamily with 4 separately deeded assets; Total 5,220 SF: four 3BR/1.5BA units averaging 1,305 SF each; Current rents of $56,172 annual gross rent with potential to $79,200+ annual gross rent