$110,000
22.1 Acres with Over 2,200 Ft of River Frontage on Bogue Chitto – Parcel D
Franklinton, Louisiana
Soft OfferInvestment Opportunity: Income-Producing Property with Owner Financing
1540 Richland Rd,, New Orleans, Louisiana 70114
$134,900
$166 / sq ft Listed Jun 9, 2025
3
Beds
1
Baths
812 sqft
Building
4,700 sqft
Lot
1955
Built
About this property
Investment Opportunity: Income-Producing Property with Owner Financing is a single family for sale in New Orleans, Louisiana, listed at $134,900. Key details: bedrooms 3, bathrooms 1, year built 1955, building size 812 sqft. Listed by Chris Talbot of Talbot Realty Group on LoopingCloud and last updated June 9, 2025.
Investor Alert! This leased property is currently generating $1,345/month and is available with flexible purchase options, including Owner Financing or Bond for Deed. It's part of a 5-unit portfolio (including 3 rental properties), making it a strong opportunity for buyers seeking steady income and scalable investment potential.
Bring ALL OFFERS — motivated seller! Contact the listing agent today for details and the full list of available addresses in this package deal.
Key highlights
- Architectural style Cottage
- Public Sewer
- Water Public
- Heating Central
- Cooling Central Air
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 |
Property details
Key facts
- Bedrooms
- 3
- Bathrooms
- 1
- Year Built
- 1955
- Building Size
- 812 sqft
- Lot Area
- 4,700 sqft
- Stories
- 1
- Kitchens
- 1
- Roofing
- Shingle
- Property Status
- Normal Sale
- Building Status
- Existing
- Total Units
- 4
Pricing and terms
$166
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $134,900 | - | - | - | - |
Features and amenities
Highlights
- Architectural style: Cottage
- Currently leased at $1,345/month – income-generating from day one
- Owner Financing / Bond for Deed Available
- Part of a 5-unit investment portfolio (3 rental properties included)
- Ideal for investors seeking passive income and scalable opportunities
Utilities
- Public Sewer
- Water: Public
- Heating: Central
- Cooling: Central Air
Location
Address as shown by the lister.
Get directionsAbout this area - New Orleans
- Population
- 28,385
- Housing units
- 12,351
- Land area
- 4.8 sq mi
- County
- Orleans
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Frequently asked questions
What is the asking price of Investment Opportunity: Income-Producing Property with Owner Financing?
Investment Opportunity: Income-Producing Property with Owner Financing is listed at $134,900. That works out to about $166 per square foot.
Where is Investment Opportunity: Income-Producing Property with Owner Financing located?
The property is in 1540 Richland Rd,, New Orleans, Louisiana 70114, Orleans County.
What type of property is this?
This is a single family for sale in the residential category.
How big is the property?
The building is 812 sqft. The lot is 4,700 sqft.
Who do I contact about this listing?
Chris Talbot of Talbot Realty Group listed this property. Use the Request Info button to send a message or call (504) 319-1452.
When was this listing published?
It was published on June 9, 2025 and last updated on June 9, 2025.
Listing information
- Listing ID
- RL-Louisiana-25551
- Published
- Jun 9, 2025
- Last updated
- Jun 9, 2025
- Views
- 266
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