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Allen Duhé
REALTOR®, CRS, GRI, MRP, REL, MBA
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5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo
5779-85 TULLIS Drive, New Orleans, LA 70131 Photo

14 Total Photos [Click to View All]

5779-85 TULLIS Drive New Orleans, LA 70131
$400,000
Active / MLS# 2531095 / Multi Unit - Multiple / New Orleans
4 Beds
1 Bath
1 Half Bath
5220 SqFt

This 4-unit multifamily property delivers strong in-place cash flow at $56,172 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.

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Allen Duhé Agent Cell: (337) 254-7812

Mortgage Calculator

%
years/fixed
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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 2,470.82 per month $2,237.49 Principal & Interest $0.00 Property Tax (data not provided by mls) $233.33 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Quadruplex, Traditional
Lot Size: 0.19 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0

Feature Descriptions

Days on Site: 108
Exterior: Brick, Vinyl Siding, Wood Siding
Laundry: In Unit
Lot: Outside City Limits, Rectangular 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
Agent Name: Lawless Turner

agent picture

Shown By

Agent Name: Allen Duhé
Agent Phone: (337) 254-7812
Agency Title: Compass

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Latter & Blum
430 Notre Dame St.
New Orleans, LA 70130
(866) 794-1022
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:06:54 AM EST) or Fort Polk MLS (last updated Mon 03/02/2026 11:30:53 PM EST) or SWLAR MLS (last updated Mon 03/02/2026 11:35:12 PM EST) or Greater Baton Rouge MLS (last updated Mon 03/02/2026 11:30:21 PM EST) or GSREIN MLS (last updated Tue 03/03/2026 12:04:27 AM EST) or Bayou MLS (last updated Mon 03/02/2026 11:20:47 PM EST) or Pearl River MLS (last updated Mon 03/02/2026 11:24:20 PM EST) or GCLAR MLS (last updated Mon 03/02/2026 11:12:08 PM EST) or Realtor Association of Acadiana (last updated Mon 03/02/2026 11:22:29 PM EST) or MLS United (last updated Mon 03/02/2026 11:56:12 PM EST). Real estate listings held by brokerage firms other than Compass may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agency License Information: Latter & Blum | Compass is licensed in Louisiana, Texas and Mississippi.


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