7820 MEANS AVE New Orleans, LA 70127
8 Beds
6 Baths
3,600 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $106
MLS Listing ID 2564664
Style Other
Bedrooms 8
Full Baths 4
Half Baths 4
Construction Status Very Good Condition
HOA Y/N No
Year Built 1991
Lot Size 3,998 Sqft
Acres 0.0918
Property Sub-Type Quadruplex
Property Description
Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one.
The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants.
With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements.
Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns.
Location
State LA
County Orleans
Interior
Interior Features Air Filtration
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Assigned, Off Street, Parking Lot, Three or more Spaces
Pool None
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 39W000224
Special Listing Condition None
