$800,000
$50K PRICE DROP

Estimated payment $5,081/month

Total Views 4,293
9 Beds
6 Baths
4,115 Sq Ft
$194 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 3-minute walk to Evans Playground
  • Screened Porch
  • Property is in very good condition

About This Home

CHARMING INVESTMENT OPPORTUNITY IN THE HEART OF UPTOWN NEW ORLEANS!DISCOVER AN INCREDIBLE INVESTMENT OPPORTUNITY JUST MOMENTS FROM THE VIBRANT FRERET CORRIDOR ,WHERE YOU CAN INDULGE IN AN ARRAY OF UNIQUE RESTAURANTS AND BOUTIQUE SHOPS.PERFECTLY SITUATED ONLY SEVEN BLOCKS FROM ICONIC ST CHARLES AVENUE AND JUST ONE MILE FROM LOYOLA AND TULANE UNIVERSITIES,THIS FOUR PLEX IS IDEALLY POSITIONED FOR CONVENIENCE AND LIFESTYLE,WITH SEVERAL CHARTER AND PRIVATE SCHOOLS JUST A SHORT WALK AWAY.ZONED HU-MU,THIS VERSATILE PROPERTY FEATURES THREE UNITS OCCUPIED BY LONG TERM RESIDENTIAL TENANTS,ALONG WITH ONE ATTRACTIVE UNIT OPERATING AS A LICENSED SHORT TERM RENTAL.THE LOWER TWO UNIT EACH OFFER SPACIOUS TWO BEDROOM LAYOUTS FOR TODAY'S RENTERS.ONE UNIT FEATURES 1.5 BATHS,WHILE THE OTHER INCLUDES A FULL BATH,BOTH STYLISHLY UPDATED WITH BEAUTIFUL GRANITE COUNTER TOPS.ENJOY MODERN AMENITIES SUCH AS IN UNIT AND GARAGE LAUNDRY FACILITIES,PLUS WINDOW AC UNITS TO KEEP YOU COOL IN THE NEW ORLEANS HEAT.UPSTAIRS,AN ENCLOSED PORCH ADDS CHARM TO THE LIVING EXPERIENCE.UNIT B UNFOLDS AS A GENEROUS 3 BEDROOM ,TWO BATH RETREAT,WITH SEPARATE DINING ,DEDICATED OFFICE SPACE ,A COZY ENCLOSED BACK PORCH AND ITS OWN WASHER /DRYER.CURRENTLY THRIVING AS A SHORT AS THE SHORT TERM RENTAL UNIT,PREVIOUSLY GENERATED AN IMPRESSIVE YEARLY INCOME OF $46,000 BEFORE THE PANDEMIC.UNIT C ,A DELIGHTFUL 2 BEDROOM ,1 BATH HAVEN ,FEATURES AN INVITING IN KITCHEN DINING AREA AND A CONVENIENT OFFICE NOOK,ALONG WITH THE COMFORT OF CENTRAL AIR AND HEAT, MAKING IT A DESIRABLE CHOICE FOR RENTERS.OUTSIDE,A MODERATE SIZED BACKYARD PROVIDES A LOVELY OUTDOOR SPACE ,WHILE THE GARAGE ACCOMMODATES ONE CAR ,COMPLEMENTED BY OFF STREET PARKING FOR 3 ADDITIONAL CARS-AN INVALUABLE ASSET IN THIS SOUGH AFTER NEIGHBORHOOD.THIS PROPERTY IS NOT JUST A FOUR PLEX;IT'S A GATEWAY TO A LIFESTYLE ENRICHED BY THE CULTURE AND CHARM OF UPTOWN NEW ORLEANS.WITH EXCELLENT LONG TERM RENTAL APPRECIATION POTENTIAL AND OPTIONS FOR CONDO CONVERSION.

Listing Agent

Edmond Davis

Real Property Realtors License #NOM:000074879 Listed on: 08/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,844

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions are 49x120
  • Property is in very good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 4,115 Sq Ft Home
  • Property has 2 Levels
  • Screened Porch

Parking

  • 3 Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 614331502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,844

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 609 LOT 9 SONIAT 49X120 4-PLEX FILE #86586 12/03 SALE 11 18 2010
  • Lp Amt Sq Ft: 194.41
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4115
  • Total Sq Ft: 4115

Exterior Features

  • Pool Type: None
  • Exterior: Hardy Plank
  • ExteriorFeatures: Porch Screened In
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

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

Utilities

  • Air Conditioner: Central, Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central, Window Unit
  • Meter Set Up: Combined
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Acres: 0.1350
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 9
  • Lot Size: 49x120
  • Parcel #: 614331502

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 9
  • Total Full Baths All Units: 5
  • Total Half Baths All Units: 1
  • Total Units: 4
  • Unit Count: 4

Map

Range of Values:

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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 $7,844 $59,430 $17,640 $41,790
2024 $7,963 $59,430 $17,640 $41,790
2023 $6,947 $51,350 $11,760 $39,590
2022 $6,947 $49,370 $11,760 $37,610
2021 $7,392 $51,350 $11,760 $39,590
2020 $7,079 $48,690 $11,760 $36,930
2019 $6,646 $43,990 $7,060 $36,930
2018 $6,778 $43,990 $7,060 $36,930
2017 $6,472 $43,990 $7,060 $36,930
2016 $3,266 $21,520 $5,880 $15,640
2015 $3,199 $21,520 $5,880 $15,640
2014 -- $21,520 $5,880 $15,640
2013 -- $19,500 $5,880 $13,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Price Changed $800,000 -5.9% $194 / Sq Ft
08/03/2024 08/03/24 For Sale $850,000 0.0% $207 / Sq Ft
07/19/2023 07/19/23 Rented $1,300 0.0% --
07/03/2023 07/03/23 For Rent $1,300 -10.3% --
07/15/2014 07/15/14 Rented $1,450 0.0% --
06/15/2014 06/15/14 Under Contract -- -- --
04/22/2014 04/22/14 For Rent $1,450 +81.3% --
01/14/2012 01/14/12 Rented $800 0.0% --
12/15/2011 12/15/11 Under Contract -- -- --
11/30/2011 11/30/11 For Rent $800 -- --
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $195,000 --
Deed $181,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $283,000 New Conventional
Previous Owner $146,250 No Value Available
Previous Owner $153,850 No Value Available
Source: Public Records

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Source: Gulf South Real Estate Information Network

MLS Number: 2458119

Gulf South Real Estate Information Network

APN: 6-14-3-315-02