136 Olympia StNew Orleans, LA 70119

Property Details for 136 Olympia St

Property size (Sq ft)

4,448 SF

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

This exceptional New Orleans investment opportunity presents a beautifully maintained six-unit property, ideally situated just one block from Canal Street. The property comprises two charming Arts and Crafts style homes, constructed around 1930, each offering a unique blend of original architectural details and modern amenities. The homes feature six one-bedroom, one-bathroom apartments; two units are located in the first house (one front, one rear), while the second house contains four units (two upstairs, two downstairs). Both homes include covered front porches. A small courtyard separates the houses at the front, while a rear courtyard provides a shared sitting area, a one-car garage, outdoor storage, and a laundry area for units lacking in-unit hookups. The total square footage is 4,448 square feet, situated on a lot with no acreage specified. This property is listed at $1,175,000 and benefits from its vibrant location, close proximity to the Canal Streetcar line, and the abundance of nearby restaurants and shops that define the best of New Orleans. This is a rare opportunity to acquire a well-maintained, high-yield investment property in a highly desirable area.

Location Insight

City

New Orleans

County

Orleans Parish

State

Louisiana

Latitude

29.9772

Longitude

-90.1065

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