$399,000

Estimated payment $2,594/month

Total Views 1,128
8 Beds
8 Baths
4,302 Sq Ft
$93 Price per Sq Ft

About This Home

Investment opportunity! Generates $4245 of monthly income! Add this fully occupied 4-plex to your real estate portfolio. Each unit features 2 bedrooms and 1.5 bathrooms, offering a functional and desirable layout for tenants. The property also features separate electric and water meters for each unit, making utility management more convenient. NEW ROOF! With all four units currently occupied, this property offers an opportunity for an investor looking to acquire an established multifamily asset with existing tenants in place. Schedule your private showing today!

Property Highlights

Fully occupied 4-plex

NEW Roof

Four 2-bedroom, 1.5-bath units

Separate electric meters

Separate water meters

Existing tenants in place

Multifamily investment opportunity

Listing Agent

Melissa McClendon

Compass Uptown License #NOM:995704113 Listed on: 08/09/2026

Compass Uptown

Co-Listing Agent

JENNY BURCH

Compass Uptown License #NOM:995701984

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,220 Sq Ft Lot
  • Lot Dimensions are 60 x 137
  • Property is in very good condition

Home Design

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

Interior Spaces

  • 4,302 Sq Ft Home
  • Property has 1 Level

Parking

  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 513819527

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,220 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Townhouse
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: PLANTATION PROPERTY-CAZELARD PT W-2 OR 7-A 60 X 137 3260 KABEL DR
  • Lp Amt Sq Ft: 92.75
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • AddressLine: Kabel DR, NEWORLEANS LA 70131
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4302
  • Total Sq Ft: 4302

Exterior Features

  • Exterior: Brick
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Assigned, Lot, Off Street Parking
  • Internet: Yes

Utilities

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

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.1887
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 60 x 137
  • Parcel #: 513819527

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Building Info

  • Year Built: 1965

Multi Family

  • Total Units: 4

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,092 $31,000 $4,930 $26,070
2024 $4,154 $31,000 $4,930 $26,070
2023 $2,178 $16,000 $3,290 $12,710
2022 $2,178 $15,360 $3,290 $12,070
2021 $2,320 $16,000 $3,290 $12,710
2020 $2,343 $16,000 $3,290 $12,710
2019 $2,422 $16,000 $3,290 $12,710
2018 $2,470 $16,000 $3,290 $12,710
2017 $2,358 $16,000 $3,290 $12,710
2016 $2,331 $16,000 $3,290 $12,710
2015 $2,393 $16,000 $3,290 $12,710
2014 -- $16,000 $3,290 $12,710
2013 -- $20,400 $3,290 $17,110
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2026 08/09/26 For Sale $399,000 -0.3% $93 / Sq Ft
05/22/2025 05/22/25 Sold -- -- -- View Prior Sale
03/24/2025 03/24/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $400,000 0.0% $93 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $400,000 -- $93 / Sq Ft
Source: Gulf South Real Estate Information Network

Source: Gulf South Real Estate Information Network

MLS Number: 2571572

Gulf South Real Estate Information Network
Your Personal Tour Guide

Ask me questions while you tour the home.