Stephanie Bilbe Burkett
REALTOR®
BEDS12
BATHS4 full 4 partial
SQUARE FEET5,220
MLS#2531087
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTall Timbers
Property Description
This 4-unit multifamily property delivers strong in-place cash flow at $51,444 annual gross rent, with significant rent growth potential to $79,200+ annual gross rent. The property already meets DSCR loan thresholds and offers a clear path to strong returns once stabilized. This 4-plex totals 5,220 of livable sq ft, consisting of four 3BR / 1.5BA units averaging 1,305 SF for each unit. Currently, there are 3 units with term leases and 1 unit vacant. All units include in-unit laundry hookups, private yards, and off-street parking for two vehicles. 8 off-street parking spots available. Located in Tall Timbers subdivision, this asset provides a family-friendly layouts great for long-term tenants. With seller financing options available, minimal deferred maintenance, and four separately deeded assets, investors gain both income stability and exit flexibility in one of New Orleans' most resilient rental markets.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Quadruplex, Traditional
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 2.0
Feature Descriptions
Days on Site: 121
Exterior: Brick, Vinyl Siding, Wood Siding
Laundry: In Unit
Lot: City Lot, Oversized Lot
Lot Dimensions: 60x136
Parking: Driveway, Off Street, Three or more Spaces
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 4
Water: Public
Listed By / Shown By
Listed By
Agency Name: Corporate Realty Leasing Company
Agency Phone: (504) 581-5005
Shown By
Agent Name: Stephanie Bilbe Burkett
Agent Phone: (504) 975-4160
Agency Title: Wurth Real Estate Services
Estimate Your Payment
Estimated Payment
$ 1,006.89 per month $890.23 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.67 Homeowner's InsuranceChange Payment Information
Print This Listingx
Select a format below, new window will open and will prompt you to print.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agency License Information: Licensed in Louisiana
5773 - 77 71 Tullis Drive | MLS# 2531087
This multi-family property located at 5773 - 77 71 Tullis Drive, New Orleans, LA 70131 is currently listed for sale with an asking price of $400,000. Search New Orleans real estate on sburkett.wurthre.com today.