New listing$499,000
1516 18 S Carrollton Avenue
New Orleans, LA 70118
Listing courtesy of McEnery Residential, LLC (MCEN02) IDX · MLS# 200OGR
Locally owned in Lafayette, Louisiana · Since 1984
$535,000
SELLER FINANCING - interest rate negotiable. Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space.This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio.Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 20% down, a 30-year amortization, a 3–5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers.The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.
Listing courtesy of Bridgewater Realty Advisors IDX · mason@bridgewater.realty · 504-901-0463
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
3215 DRYADES Street, New Orleans, LA 70115
Listing data from the IDX program of ROAMmls. Listings held by brokerages other than Guidry & Co. Real Estate, Inc. are marked “IDX” and include the name of the listing brokerage. Information deemed reliable but not guaranteed. Listing last updated Oct 22, 2026, 3:02 PM CT.
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