136 Olympia St New Orleans, LA 70119
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Land
Property Details for 136 Olympia St
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This beautifully maintained six-unit apartment building in New Orleans presents a compelling investment opportunity. Priced at $1,175,000, the property comprises two charming Arts and Crafts style homes built around 1930, each offering one-bedroom, one-bathroom apartments. Located just one block from Canal Street, this property benefits from its prime location in a vibrant neighborhood with abundant restaurants and shopping. The first house features two apartments, one in the front and one in the back, while the second house contains four units – two upstairs and two downstairs. Both homes retain much of their original architectural details, complemented by modern amenities. Each home boasts a covered front porch. A small courtyard separates the houses in 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 property's proximity to the Canal Streetcar line ensures easy access to the city's attractions. This is an exceptional opportunity to acquire a well-maintained, income-producing multifamily property in a highly desirable New Orleans location. The address is 136 S Olympia Street, Units 1-6, New Orleans, LA 70119.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans Parish
- State
- Louisiana
- Longitude
- -90.1065
- Latitude
- 29.9772
