$425,000

Estimated payment $2,633/month

Total Views 833
8 Beds
8 Baths
3,400 Sq Ft
$125 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Property is in very good condition
  • Fenced
  • ENERGY STAR Qualified Water Heater

About This Home

Looking for a great money making investment opportunity? This turn-key income producing 4 plex property is it! The property offers a new roof, newer windows, laminate floors, newer stainless steel appliances, newer kitchen cabinets, ceiling fans, pull down attic stairs, smoke alarms and much more! All units are rented at $1300 a month and have between 8-10 months left on their leases. Conveniently located minutes from I-10 with close proximity to shopping, dining and schools.

Listing Agent

Michele Hensley

NOLA Living Realty License #NOM:995698358 Listed on: 07/25/2025

NOLA Living Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,371

Year Built

  • Built in 2023

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 60 x100
  • Fenced
  • Property is in very good condition

Parking

  • Parking Lot

Home Design

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

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • ENERGY STAR Qualified Water Heater
  • Internet Available

Community Details

  • 4 Units
  • Cambridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0450140490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,371

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Townhouse
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: LOT 10 SQ 25 SUB CAMBRIDGE PLACE EAST #2 COB 359 / 711 60'X100' 158/726; 161/293
  • Lp Amt Sq Ft: 125.00
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 2
  • Year Renovated: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2023

Interior Features

  • Room Count: 5
  • Estimated Living Area: 3400
  • Total Sq Ft: 3400

Exterior Features

  • Pool Type: None
  • Exterior: Brick, Vinyl Siding
  • ExteriorFeatures: Fence
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Lot
  • 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: 0.1377
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 10
  • Lot Size: 60 x100
  • Parcel #: 0450140490

Green Features

  • Energy Efficient Features: Water Heater
  • Green Building Cert Attached Y N: No

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 8
  • Total Full Baths All Units: 4
  • Total Half Baths All Units: 4
  • Total Rent All Units: 5200
  • 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 $3,371 $27,000 $3,000 $24,000
2023 $3,371 $18,500 $3,000 $15,500
2022 $2,315 $18,500 $3,000 $15,500
2021 $2,240 $17,725 $3,000 $14,725
2020 $1,347 $12,000 $3,000 $9,000
2019 $1,231 $9,800 $2,500 $7,300
2018 $1,221 $9,800 $2,500 $7,300
2017 $1,221 $9,800 $2,500 $7,300
2016 $1,153 $9,800 $2,500 $7,300
2014 $1,152 $9,800 $2,500 $7,300
2013 $1,152 $9,800 $2,500 $7,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $425,000 0.0% $125 / Sq Ft
11/25/2023 11/25/23 Rented $1,300 0.0% --
08/22/2023 08/22/23 For Rent $1,300 0.0% --
06/16/2023 06/16/23 Sold -- -- --
05/17/2023 05/17/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $315,000 -- $93 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Grant Deed $143,000 --
Source: Public Records

Source: Gulf South Real Estate Information Network

MLS Number: 2513615

Gulf South Real Estate Information Network

APN: 0450140490