$500,000
$25K PRICE DROP

Estimated payment $2,798/month

Total Views 6,809
8 Beds
8 Baths
3,880 Sq Ft
$129 Price per Sq Ft

Highlights

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

About This Home

This fully occupied four plex multi-family unit offers a prime investment opportunity in a sought-after location. Featuring new tubs, shower enclosure and flooring in two of the units, giving them a fresh look. The roof has recently been resealed offering durability and long-term peace of mind.
Whether you’re looking to live in one unit and rent the others or expand your portfolio, this property is a rare find. Don't miss the chance to earn immediate income and excellent growth potential.

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Listing Agent

Stephen Molero

ERA Top Agent Realty License #NOM:912124740 Listed on: 04/01/2025

ERA Top Agent Realty

Co-Listing Agent

Summer Armond

ERA Top Agent Realty License #NOM:995715613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 52 x 120
  • Property is in very good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,880 Sq Ft Home
  • Property has 2 Levels

Parking

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

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 4 Units
  • Pontchartrain Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 700062900HARVARDAVA

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$350

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Townhouse
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: LOT 16H SQ 29 SEC B PONTCHARTRAIN GARDENS
  • Lp Amt Sq Ft: 128.87
  • Building Stories: 2.00000
  • Unit Level: 2
  • Year Renovated: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Estimated Living Area: 3880
  • Total Sq Ft: 3880

Exterior Features

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

Garage/Parking

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

Utilities

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

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 16H
  • Lot Size: 52 x 120
  • Parcel #: 700062900HARVARDAVA

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: 8
  • Total Full Baths All Units: 4
  • Total Half Baths All Units: 4
  • Total Rent All Units: 4500
  • 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
2024 $350 $24,000 $6,880 $17,120
2023 $2,916 $22,170 $5,510 $16,660
2022 $2,840 $22,170 $5,510 $16,660
2021 $2,638 $22,170 $5,510 $16,660
2020 $3,933 $33,290 $5,510 $27,780
2019 $4,043 $33,290 $5,510 $27,780
2018 $3,775 $33,290 $5,510 $27,780
2017 $1,802 $15,890 $5,510 $10,380
2016 $1,767 $15,890 $5,510 $10,380
2015 $1,806 $16,060 $4,410 $11,650
2014 $1,806 $16,060 $4,410 $11,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $500,000 -3.7% $129 / Sq Ft
06/02/2025 06/02/25 Price Changed $519,000 -1.1% $134 / Sq Ft
04/01/2025 04/01/25 For Sale $525,000 +54.4% $135 / Sq Ft
08/10/2017 08/10/17 Sold -- -- --
07/11/2017 07/11/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $340,000 -- $91 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- --
Quit Claim Deed -- None Available
Cash Sale Deed $350,500 Title Management Group Inc
Source: Public Records

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Source: Gulf South Real Estate Information Network

MLS Number: 2494531

Gulf South Real Estate Information Network

APN: 0820005063