$450,000

Estimated payment $2,822/month

8 Beds
8 Baths
3,900 Sq Ft
$115 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Property is in very good condition
  • Rectangular Lot
  • Central Heating and Cooling System

About This Home

Strong income-producing fourplex in Algiers featuring four 2BR/1.5BA units. Each unit offers spacious layouts, central air/heat and off-street parking. Individually metered utilities help minimize owner expenses. Revovated and well maintained property with a history of consistent cash flow and low operating costs. Conveniently located close to schools, shopping and major commuter routes just 15 minutes to downtown New Orleans. An ideal turnkey investment in a stable New Orleans submarket.

Listing Agent

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063 Listed on: 11/10/2025

Co-Listing Agent

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,494 Sq Ft Lot
  • Lot Dimensions are 62x137
  • Rectangular Lot
  • Property is in very good condition

Parking

  • 3 Parking Spaces

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms

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 513800926

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.195
  • Lot Size: 62x137
  • Co List Office Mls Id: BRALLC01
  • Co List Office Phone: (504) 901-0463
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1978
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3900.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Very Good Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Three or more Spaces

Utilities

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

Lot Info

  • Parcel #: 513800926

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $450,000 -- $115 / Sq Ft
Source: ROAM MLS

Source: ROAM MLS

MLS Number: 2530370