1516 Gentilly Blvd, New Orleans, LA 70119

$275,000
4
BD
3
BA
1,904
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$275,000
Price Change
▼ $25,000 1788911739
MLS#
2560300
Status
ACTIVE
Type
Single Family Residential
Style
Cottage
Stories
2
Bedrooms
4
Bathrooms
3
Acres
0.07
Living Area
1,904
Parish
Orleans

Property Description

This Fairgrounds charmer offers 4 beds, 3 baths, and 1,904 square feet of flexible living that blends classic New Orleans character with practical income potential. The property functions as two units. The main floor features 3 bedrooms and 2 full baths, while the second floor is a private 1 bedroom, 1 bath studio style apartment with its own rear entrance. The upstairs unit is leased for 1,100 dollars per month on a month to month basis, and the tenant is willing to stay for built in income or move out if the new owner has other plans for the space. This setup offers strong flexibility for long term rental, short term use, guests, or extended family. Inside, the home welcomes you with warm original wood floors, tall ceilings, and sunlight from every direction. The living room offers plenty of space to gather or unwind, and the dining room sits at the heart of the home with easy access to a spacious kitchen with solid wood cabinetry and a footprint ready for your personal updates. All three downstairs bedrooms offer generous layouts and natural light. Two full baths and a convenient laundry area complete the main level. The upper apartment adds real value. A private exterior staircase leads to a bright living and sleeping area with its own kitchen and a full bath with a clawfoot tub. Whether used for steady rental income or as a separate living space, the options remain open. Outside, the fenced yard and screened front porch add comfortable outdoor areas and that signature New Orleans ease. Located steps from the Fairgrounds and minutes from Bayou St. John, City Park, restaurants, and coffee shops, this property sits in a high demand rental zone where opportunities like this rarely come available. Homes with built in income and this level of flexibility do not last. Schedule your showing today and explore the possibilities.

Additional Information

Roof
Shingle
Sewer
Public Sewer
Water
Public
Heating
Central
Cooling
Central Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Participants, subscribers, and all users acknowledge that the information contained in the Multiple Listings Service is owned by the New Orleans Metropolitan Association of REALTORS®, Inc. and no user may, nor may they authorize or allow anyone to, download the active listings, sold listing data, or other information contained in the MLS for the recommercialization (resale) or for any purpose not authorized in writing by the New Orleans Metropolitan Association of REALTORS®, Inc. or the Gulf South Real Estate Information Network, Inc. Copyright 2026, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. The information being provided is for the consumer’s personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence. By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, you may not use this site in any way. Your continued use of this site, and/or its affiliates’ sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes. Listing data provided by GSREIN. Listing data is deemed accurate but not guaranteed. Other Broker's Listing.