Map location of 5773 77 71 TULLIS Drive, New Orleans, LA 70131
$450,000
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5773 77 71 Tullis Drive, New Orleans, LA 70131

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12 Beds
8 Baths
5,220 Sq Ft

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.

Listing By: Lawless Turner - Corporate Realty Leasing Company lagsrein Realty.com
  • MLS# 2531087
  • Date Listed11/14/2025
  • Days on Realty 18 Days
  • Bedrooms 12
  • Bathrooms 4 Full baths, 4 Half baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision Tall Timbers
  • Property Type Quadruplex
  • County Orleans
  • Year Built 1980
  • Water Public
  • Square Feet 5,220 sq. ft
  • Price Per Sq. Ft $86.21

Interior Features

  • Cooling Central Air
  • Heating Central

Exterior / Lot Features

  • Roof Shingle
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features City Lot

Directions

General De Gaulle to Woodland Drive to Tullis Drive

Financial Considerations

Nearby Schools

Source: School Digger

Dwight D. Eisenhower Charter School

Public • PK - 8 • Serves this home

0.91 mi

Distance

Belle Chasse Primary School

Public • PK - 1

1.18 mi

Distance

Alice Harte Elementary Charter School

Public • PK - 8

1.79 mi

Distance

Geraldine Boudreaux Elementary School

Public • PK - 5

2.69 mi

Distance

Dorothy Height Charter School

Public • PK - 8

2.88 mi

Distance

Terrytown Elementary School

Public • PK - 5

3.28 mi

Distance

George Cox Elementary School

Public • PK - 5

3.96 mi

Distance

Paul J. Solis Elementary School

Public • PK - 5

4.62 mi

Distance

Chalmette Elementary School

Public • PK - 5

4.83 mi

Distance

Tubman Montessori

Public • PK - 2

4.89 mi

Distance

Livaudais Middle School

Public • 6 - 8 • Serves this home

3.47 mi

Distance

Cf Rowley Alternative

Public • 6 - 12

4.83 mi

Distance

Andrew Jackson Middle School

Public • 6 - 8

4.83 mi

Distance

Thomas Jefferson High School For Advanced Studies

Public • 6 - 12

4.99 mi

Distance

Gretna Middle School

Public • 6 - 8

5.12 mi

Distance

Harriet Tubman Charter School

Public • 3 - 8

5.5 mi

Distance

N.p. Trist Middle School

Public • 6 - 8

6.1 mi

Distance

Rosenwald Collegiate

Public • 9 - 9 • Serves this home

2.03 mi

Distance

Edna Karr High School

Public • 9 - 12

3.06 mi

Distance

Chalmette High School

Public • 9 - 12

5.25 mi

Distance

Belle Chasse High School

Public • 9 - 12

5.33 mi

Distance

Lord Beaconsfield Landry-oliver Perry Walker High

Public • 9 - 12

5.5 mi

Distance

Young Audiences Charter - Burmaster High School

Public • 9 - 12

5.63 mi

Distance

New Orleans Military And Maritime Academy

Public • 8 - 12

5.68 mi

Distance

West Jefferson High School

Public • 9 - 12

6.69 mi

Distance

Helen Cox High School

Public • 9 - 12

6.7 mi

Distance

Jefferson Chamber Foundation Academy

Public • 9 - 12

6.72 mi

Distance

Muslim Academy

Private • PK - 12

3.96 mi

Distance

A Different World Academy

Private • KG - 12

4.29 mi

Distance

Arden Cahill Academy

Private • PK - 11

4.62 mi

Distance

Light City Christian Academy

Private • 03 - 12

5.88 mi

Distance

Raphael Academy

Private • KG - 12

6.89 mi

Distance

St Michael Special School

Private • KG - UG

7.2 mi

Distance

The Chartwell Center

Private • UG - UG

7.63 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in LA / 70131

Source: Walkscore

6/100

Car-Dependent

Walk Score ®

32/100

Some Transit

Transit Score ®

31/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 9/100, Bike Score: 35/100.

Points of Interest near 5773 77 71 TULLIS Drive, New Orleans, LA 70131

Frequently Asked Questions for 5773 77 71 TULLIS Drive

Source: Realty.com

5773 77 71 TULLIS Drive, New Orleans, LA 70131 is a Quadruplex, Residential Income property listed for $450,000 The property is 5220 sq. ft with 12 bedrooms and 8 bathrooms

Realty.com has 14 photos of 5773 77 71 TULLIS Drive.

Our records indicate that 5773 77 71 TULLIS Drive was built in 1980.

The full address for this home is 5773 77 71 TULLIS Drive, New Orleans, LA 70131.

5773 77 71 TULLIS Drive has been listed on Realty.com since Fri November 14, 2025

Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 9/100, Bike Score: 35/100.

There are 3 schools assigned to this home. Check out the schools near 5773 77 71 TULLIS Drive. Dwight D. Eisenhower Charter School (Grades: PK - 8), Livaudais Middle School (Grades: 6 - 8), Rosenwald Collegiate (Grades: 9 - 9)

Listing provided courtesy of: Corporate Realty Leasing Company (tel: 504-581-5005)
Listing agent: Lawless Turner (tel: 504-756-2749) (#TURNLAWL)

This content last refreshed on 2025-12-02 17:51:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5773 77 71 TULLIS Drive, New Orleans, LA 70131 : MLS# 2531087

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