$260,000
$265,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
815 17 SUMNER ST New Orleans, LA 70114
6 Beds
2 Baths
2,226 SqFt
Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,226 sqft
Price per Sqft $116
MLS Listing ID 2548722
Sold Date 06/29/26
Style Cottage
Bedrooms 6
Full Baths 2
Construction Status Excellent
HOA Y/N No
Year Built 1965
Lot Size 8,254 Sqft
Acres 0.1895
Property Sub-Type Triplex
Property Description
Investment opportunity at 815–817 Sumner featuring a well-maintained duplex with immediate income and significant upside potential in a great location. The property includes an additional detached structure of approximately 1,100 sq ft. This property delivers a compelling combination of existing income, extensive updates, and future development potential. Looking to scale cash flow and build long-term equity? One unit is currently tenant-occupied at $1,338/month (lease through October 31), offering stable cash flow from day one. The property is also eligible for a HANO 3-bedroom voucher, creating strong potential for consistent, reliable rental income. this space could potentially be converted into one or two additional rental units, with an estimated $1,500/month in added rental income, significantly increasing overall cash flow and return on investment. ------------------
This asset has undergone major capital improvements, including roof work, plumbing upgrades, repaired A/C, new windows, updated flooring, and new tile in the kitchen. Additional enhancements include freshly painted cabinets, new blinds, updated ceiling fans, new exterior lighting, new switch covers, new toilet, and a new refrigerator. See agent notes on foundation. ***Willing to share inspection information.*** The 817 unit features a new stove (2026), and gas service on the 815 side. ------------------
Both units offer washer/dryer hookups, with additional double hookups located in the backyard flex building, adding convenience and tenant appeal. ------------------ Separated electricity and gas but one water meter overall. Back unit is tied to the vacant, 817 side. ----
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance ENERGY STAR Qualified Appliances
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Fence, Porch
Parking Features Three or more Spaces
Pool None
Utilities Available Water Not Available
Water Access Desc None
Roof Type Shingle
Accessibility Accessibility Features
Porch Porch
Building
Lot Description 1 to 5 Acres, City Lot, Rectangular Lot
Entry Level One
Foundation Raised
Sewer Public Sewer
Water None
Architectural Style Cottage
Level or Stories One
Construction Status Excellent
Others
Tax ID 513203304
Financing FHA
Special Listing Condition None
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Bought with WEICHERT, REALTORS - LaBranch & Associates
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