$510,000

Estimated payment $3,167/month

Total Views 5,405
8 Beds
4 Baths
3,785 Sq Ft
$135 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Rectangular Lot
  • Fenced
  • Metairie Academy For Advanced Studies Rated A-

About This Home

Solid Metairie Investment: Attention investors! Secure a well-maintained fourplex in a prime Metairie location, offering immediate income and excellent growth potential. This fully occupied property features four units, each with 2 bedrooms, 1 bathroom, in-unit laundry hookups, and a private back patio. Key Investment Features: - Prime Metairie Location: Close to shopping, hospitals, restaurants, and major amenities, ensuring strong tenant demand. - Majority of units occupied: Generating immediate cash flow with units currently rented and one available for lease. - Long-Term Tenants: Two tenants in place since 2013 provide stability. - Off-Street Parking: A valuable amenity for Metairie renters. - Below Market Rents: Opportunity to increase income and maximize ROI. This is a fantastic chance to acquire a stable, income-producing asset in a highly desirable Metairie location. Contact us now for more details and to arrange your private showing. Note: Washer and dryers are not included in the sale and are property of the tenants.

Listing Agent

CASSIE CURE

KELLER WILLIAMS REALTY 455-0100 License #995703714 Listed on: 04/28/2025

KELLER WILLIAMS REALTY 455-0100

Co-Listing Agent

George Cure

KELLER WILLIAMS REALTY 455-0100 License #995691373

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,677

Year Built

  • Built in 1978

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 50x120x50x120
  • Fenced
  • Rectangular Lot
  • Property is in average condition

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,785 Sq Ft Home
  • Property has 2 Levels

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

  • The owner pays for water
  • Assessor Parcel Number 0820035794

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,677

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1377
  • Lot Size: 50x120x50x120
  • Co List Office Mls Id: KLRW01
  • Co List Office Phone: (504) 455-0100
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1978
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3785.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Construction Type: Brick
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Property Condition: Average Condition
  • Roof: Other, Shingle

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 #: 0820035794

Rental Info

  • Tenant Pays: Electricity

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
2024 $5,677 $21,310 $5,770 $15,540
2023 $2,468 $18,760 $5,770 $12,990
2022 $2,403 $18,760 $5,770 $12,990
2021 $2,232 $18,760 $5,770 $12,990
2020 $2,216 $18,760 $5,770 $12,990
2019 $1,899 $15,640 $5,770 $9,870
2018 $1,774 $15,640 $5,770 $9,870
2017 $1,774 $15,640 $5,770 $9,870
2016 $1,739 $15,640 $5,770 $9,870
2015 $1,777 $15,800 $5,770 $10,030
2014 $1,777 $15,800 $5,770 $10,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $510,000 -- $135 / Sq Ft
Source: ROAM MLS

Source: ROAM MLS

MLS Number: 2498996

APN: 0820035794