4237 39 Ulloa St New Orleans, LA 70119
Mid-City NeighborhoodAbout This Home
Excellent investment opportunity in the heart of Mid-City New Orleans! This raised-basement style fourplex offers strong upside potential with immediate income in place. Two units are currently occupied by long-term tenants at below-market rents, providing stable cash flow with room to increase returns over time. Three units are rent-ready, while one unit presents a value-add opportunity for renovation and repositioning.
Classic raised construction and the Mid-City location provides convenient access to local dining, parks, medical centers, and major thoroughfares. Investors seeking a mix of current income and future upside, or for an owner-occupant looking to live in one unit while improving the rest. Don’t miss this chance to add a solid multi-family asset in one of New Orleans’ most desirable neighborhoods.
***Virtual tour and floorplan link**** ***** Flood insurance quote at $1,718 per year.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 3,001 Sq Ft Lot
- Lot Dimensions are 30x100
- Property is in average condition
Home Design
- Duplex
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,852 Sq Ft Home
- Property has 2 Levels
- Raised Basement
Parking
- 3 Parking Spaces
- Driveway
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Window Unit Heating System
- Internet Available
Additional Features
- Porch
- Outside City Limits
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 105306313
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Pending | -- | -- | -- |
| 01/30/2026 01/30/26 | For Sale | $300,000 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $41,000 | -- | |
| Warranty Deed | $20,000 | -- |
Source: Gulf South Real Estate Information Network
MLS Number: 2540808
APN: 1-05-3-063-13
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Ask me questions while you tour the home.