815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo
815 17 Sumner Street, New Orleans, LA 70114 Photo

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815 17 Sumner Street New Orleans, LA 70114
$265,000
Active / MLS# 2548722 / Multi Unit - Multiple / New Orleans
6 Beds
2 Baths
3326 SqFt

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.

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Estimated Payment

$ 666.18 per month $588.89 Principal & Interest $0.00 Property Tax (data not provided by mls) $77.29 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Triplex, Cottage
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 1.0

Amenities

Fence
Porch

Feature Descriptions

Accessibility: Accessibility Features
Appliances: ENERGY STAR Qualified Appliances
Days on Site: 29
Laundry: Washer Hookup, Dryer Hookup
Lot: 1 to 5 Acres, City Lot, Rectangular Lot
Lot Dimensions: 64 x 129
Parking: Three or more Spaces
Patio/Porch: Porch
Property Condition: Excellent
Sewer: Public Sewer
Units: 2
Utilities: Water Not Available
Water: None

Listed By / Shown By

Listed By

Agency Name: The Investment House
Agency Phone: (504) 779-0192

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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