$450,000

Estimated payment $2,818/month

Total Views 1,422
8 Beds
8 Baths
3,900 Sq Ft
$115 Price per Sq Ft

Highlights

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

About This Home

SELLER FINANCING AVAILABLE. 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 #NOM:995714063 Listed on: 11/10/2025

Co-Listing Agent

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #NOM:995705186

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

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

Parking

  • 3 Parking Spaces

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • Property has 1 Level

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 513800926

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: PLANTATION PROPERTY-CAZELARD PT W-6 OR 22-A 62 X 137 3311 KABEL DR
  • Lp Amt Sq Ft: 115.38
  • 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: 3900
  • Total Sq Ft: 3900

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Three or More
  • Internet: Yes

Utilities

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

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.1950
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 62x137
  • Parcel #: 513800926

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

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

Building Info

  • Year Built: 1978

Multi Family

  • 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

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: Gulf South Real Estate Information Network

Source: Gulf South Real Estate Information Network

MLS Number: 2530370

Gulf South Real Estate Information Network