$450,000
SOLD JUN 27, 2025
Last list price
8 Beds
8 Baths
4,404 Sq Ft
5,502 Sq Ft Lot

Recently Sold

29 Days on Market

Highlights

  • Central Heating and Cooling System
  • Metairie Academy For Advanced Studies Rated A-
  • Property is in very good condition

About This Home

As of June 2025

Great income-producing investment opportunity in the heart of Metairie! This well-maintained turn-key 4-plex includes 4 spacious townhouse-style units, each offering 2 bedrooms, 1 full bath, and 1 half bath with 1,101 sq. ft. per unit and a new roof across all 4,404 sq. ft. This property combines the convenience of shopping, dining, and major commuter routes to renters. It is a great property for investors seeking consistent returns. Please request showings 24 hour in advance as all 4 of the units are currently occupied! All units may not be available at showing but buyer will have full access during inspections.

Last Agent to Sell the Property

SHERRY NOONAN

United Real Estate Partners LLC License #NOM:000078343 Listed on: 04/08/2025

United Real Estate Partners LLC

Last Buyer's Agent

SHERRY NOONAN

United Real Estate Partners LLC License #NOM:000078343 Listed on: 04/08/2025

United Real Estate Partners LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,641

Lot Details

  • 5,502 Sq Ft Lot
  • Lot Dimensions are 50 x 110
  • Property is in very good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,404 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 4 Units
  • Ponte Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0820011459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,641

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Townhouse
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: LOTS 3 4 SQ 36 PONTE VISTA
  • Lp Amt Sq Ft: 102.18
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4404
  • Total Sq Ft: 4404

Exterior Features

  • Pool Type: None
  • Exterior: Brick
  • Foundation: Slab
  • Roof Type: Flat, Shingle

Garage/Parking

  • Car Storage: Three or More, Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Acres: 0.1263
  • Elevation Certificate: Yes
  • Lot Description: Regular
  • Lot Size: 50 X 110
  • Parcel #: 0820011459

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 8
  • Total Full Baths All Units: 4
  • Total Half Baths All Units: 4
  • Total Rent All Units: 3575
  • Total Units: 4
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Jun 27, 2025
Sold by
2205 Giuffrias Ave Properties Llc
Bought by
Azariah Real Estate Investment Llc
Seller's Agent
SHERRY NOONAN
United Real Estate Partners LLC
Buyer's Agent
SHERRY NOONAN
United Real Estate Partners LLC
List Price
$450,000
Views
56
Current Estimated Value
$444,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.71%
Original Mortgage
$314,000
Outstanding Balance
$314,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$127,518

Purchase Details

Listed on
May 15, 2017
Closed on
Oct 17, 2017
Sold by
Majestic Living Two Llc A Limited Liabil
Bought by
2205 Giuffrias Ave Properties Llc A Loui
Seller's Agent
Richard Juge
RE/MAX Commercial Brokers,Inc.
Buyer's Agent
Tiffany Mohre
Generations Realty Group, LLC
List Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$273,750
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $420,000 Crescent Title
Deed $420,000 Crescent Title
Deed $365,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,000 New Conventional
Closed $314,000 New Conventional
Previous Owner $273,750 New Conventional
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Previous Owner $24,700 Future Advance Clause Open End Mortgage
Previous Owner $78,100 Future Advance Clause Open End Mortgage
Previous Owner $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold -- -- --
04/08/2025 04/08/25 For Sale $450,000 +13.9% $102 / Sq Ft
10/17/2017 10/17/17 Sold -- -- --
09/17/2017 09/17/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $395,000 -- $90 / Sq Ft
Source: Gulf South Real Estate Information Network

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,641 $30,520 $7,650 $22,870
2023 $3,962 $30,120 $6,120 $24,000
2022 $3,859 $30,120 $6,120 $24,000
2021 $3,584 $30,120 $6,120 $24,000
2020 $3,558 $30,120 $6,120 $24,000
2019 $4,211 $34,670 $6,120 $28,550
2018 $3,932 $34,670 $6,120 $28,550
2017 $2,053 $18,100 $6,120 $11,980
2016 $2,013 $18,100 $6,120 $11,980
2015 $2,057 $18,290 $4,900 $13,390
2014 $2,057 $18,290 $4,900 $13,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2495595

Gulf South Real Estate Information Network

APN: 0820011459