815 17 SUMNER ST, New Orleans, LA 70114
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815 17 SUMNER ST, New Orleans, LA 70114
815 17 SUMNER ST, New Orleans, LA 70114
815 17 SUMNER ST, New Orleans, LA 70114
815 17 SUMNER ST, New Orleans, LA 70114
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$ 265,000
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815 17 SUMNER ST New Orleans, LA 70114

6 Beds

2 Baths

3,326 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,326 sqft

Price per Sqft $79

MLS Listing ID 2548722

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 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. Some foundation repairs needed. 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. ----


Value-Add Highlight:
The property includes an additional detached structure of approximately 1,100 sq ft, presenting a prime opportunity for expansion - additional land space behind the building would make potential courtyard. Electrical and water are available. A storage closet and space for a bathroom is also there - get creative! With the right improvements, 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.

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

Special Listing Condition None


Schools Near

Emily Hammett

Emily Hammett

Agent

+1(504) 858-9031

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815 17 SUMNER ST

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