$590,000

Estimated payment $3,613/month

Total Views 1,963
8 Beds
4 Baths
2,345 Sq Ft
$252 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Property is in excellent condition
  • Property has 1 Level

About This Home

FHA approved for owner occupant with 3.5% down - use high rental rates to offset expenses. This is a rare opportunity to own a beautifully renovated 4-plex in the vibrant New Orleans area. This is a part of a portfolio thatincludes two modern 4-plex buildings and a stylish single-family residence, offering flexibility to purchase the entire collection or select individual properties to suit your investment goals.
Many of the units are fully furnished and boast high-end finished, providing a turnkey solution for investors or owner-occupants. Interiors have been meticulously updated, blending contemporary design with comfort and functionality. With a strong history of 100% occupancy and commanding premium rental rate, this portfolio promises immediate cash flow and long-term growth potential.

Portfolio includes MLS #2482117 & #2481700

Listing Agent

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063 Listed on: 06/13/2025

Co-Listing Agent

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 27x136
  • Irregular Lot
  • Property is in excellent condition

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Flat Roof with Façade front

Interior Spaces

  • 2,345 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2229-DUMAINEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,774

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 27x136
  • Co List Office Mls Id: BRALLC01
  • Co List Office Phone: (504) 901-0463
  • Architectural Style: Other
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1941
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Electricity, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2345.0

Exterior Features

  • Lot Features: City Lot, Irregular Lot
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Flat

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 2229-DUMAINEST

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Average Value
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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

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
2025 $4,774 $36,170 $7,340 $28,830
2024 $4,846 $36,170 $7,340 $28,830
2023 $2,702 $20,020 $3,670 $16,350
2022 $2,702 $19,200 $3,670 $15,530
2021 $2,882 $20,020 $3,670 $16,350
2020 $2,911 $20,020 $3,670 $16,350
2019 $91 $7,000 $1,470 $5,530
2018 $91 $7,000 $1,470 $5,530
2017 $73 $7,000 $1,470 $5,530
2016 $73 $7,000 $1,470 $5,530
2015 $73 $7,000 $1,470 $5,530
2014 -- $7,000 $1,470 $5,530
2013 -- $7,000 $1,470 $5,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $2,330,000 +294.9% $282 / Sq Ft
06/13/2025 06/13/25 For Sale $590,000 +1585.7% $252 / Sq Ft
11/30/2022 11/30/22 Sold -- -- --
10/29/2022 10/29/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $35,000 -- $14 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Construction
Previous Owner $270,000 Future Advance Clause Open End Mortgage
Previous Owner $232,119 Commercial
Previous Owner $162,150 New Conventional
Source: Public Records

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