2322 Burgundy St
For Sale4-PlexMarigny

2322 Burgundy St

New Orleans, LA 70117  |  Orleans Parish
$995,000
$995,000List Price
4Units
10Total Beds
4,363Total Sq Ft
2020Year Built
$228.05Price / Sq Ft
$8,575Monthly Rent

Property Overview

Once the last unit (Unit C) is leased, the monthly rent will be $8,575. The Unit C tenant just moved out, so the unit will be leased shortly or is open for an owner occupant.

Newly constructed behind its preserved historic front facade, this four-plex is a standout investment in the heart of the Marigny, one of New Orleans’ most sought after and culturally rich neighborhoods. Thoughtfully updated while preserving its timeless Creole character, the two story property blends classic New Orleans architecture with clean, modern interiors.

Each unit has contemporary flooring, updated kitchens with stainless steel appliances, fresh cabinetry and bright, open living spaces. Additional highlights include off street parking, outdoor space and classic Creole balconies. Situated just steps from Frenchmen Street’s live music scene, the St. Claude Arts Corridor, neighborhood cafes and some of the city’s best restaurants. Live in one unit while the others generate income, or hold as a turnkey investment.

Interested in this property?

Contact the listing team for showings, rent details and financing questions.

Contact the AgentsCall Bryce

Unit Mix & Income

UnitBedsBathsMonthly Rent
Unit D31$2,400
Unit C31$2,375
Unit B31$2,300
Unit A21$1,500

Rents are per the MLS. Unit C is carried at the projected rent.

Income Summary

Gross monthly rent (per MLS)$8,575
Gross annual rent (calculated)$102,900
Price per unit (calculated)$248,750
Gross rent multiplier (calculated)9.7x

Rents are as reported in the MLS. Where units are vacant, market rent may be carried in the figures. Buyers should verify all income and expense information.

Property Details

MLS #2560306
StatusActive
Property typeMulti-Family (4-plex)
Total units4
Total living area4,363 sq ft
Year built2020
Stories2
Lot size31 x 127 (0.09 acres)
StyleCreole cottage
ConstructionHardy Plank
RoofShingle
FoundationRaised
ConditionExcellent
LaundryYes
Heat / airCentral
ElectricEntergy
Bounding streetsDauphine and N Rampart

Photo Gallery

Contact the Listing Team

Bryce Danna-Marullo

Listing Agent

Call (504) 301-5583Email

Mason McCullough

Bridgewater Realty Advisors

Call (504) 298-8631Email

Bridgewater Realty Advisors, LLC  |  3501 Severn Ave, Suite 19, Metairie, LA 70002  |  (504) 901-0463