1114 N Dorgenos St, New Orleans, LA 70119

Property Description

Investment opportunity in the Historic Tremé – just 5 minutes from the French Quarter! This fully occupied 8 plex at 1114 N Dorgenois Street combines classic New Orleans charm with modern amenities and reliable income, making it a standout 1031 exchange opportunity or a smart addition to any investment portfolio. Each spacious unit is tenant-occupied and cash flowing, generating a total of $10,000 per month in rental income. Tenants enjoy central AC, in-unit washer/dryer, large closets, all appliances, and ample storage. The property also features a dedicated parking lot with assigned tenant parking- a rare find in this area. Recent upgrades include a brand new roof and a current termite contract for added peace of mind. Located in an X flood zone, this property sits outside the high-risk flood area, reducing insurance costs. Ready for both seasoned investors and those expanding their portfolio, this turnkey asset offers consistent returns in one of New Orleans’ most culturally rich neighborhoods.