421 S LOPEZ ST, New Orleans, LA 70119
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421 S LOPEZ ST, New Orleans, LA 70119
421 S LOPEZ ST, New Orleans, LA 70119
421 S LOPEZ ST, New Orleans, LA 70119
421 S LOPEZ ST, New Orleans, LA 70119
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$ 475,000
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Listed By Rêve
New

421 S LOPEZ ST New Orleans, LA 70119

4 Beds

4.5 Baths

3,875 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,875 sqft

Price per Sqft $122

MLS Listing ID 2565781

Style Traditional

Bedrooms 4

Full Baths 4

Half Baths 1

Construction Status Very Good Condition

HOA Y/N No

Year Built 2006

Lot Size 5,309 Sqft

Acres 0.1219

Property Sub-Type Quadruplex

Property Description

Income-producing 4-plex in the heart of Mid-City, just off Banks Street! This property is surrounded by some of the neighborhood's favorite bars, coffee shops, restaurants, and conveniences, including Finn McCool's, Holy Ground, Trader Joe's, The Station Coffee Shop & Bakery, Bayou St. John, the Crescent City Farmers Market, and the Lafitte Greenway making it easy to bike or commute into Downtown.

Four separate units with three already occupied offer immediate rental income and flexibility for the next owner. Move into the vacant unit and let your tenants offset your expenses, or lease all four for a fully income-producing investment. New roof in 2025!

A secure, interior common entrance and lobby provides an added layer of privacy and security for residents. Outside, the property offers a huge yard plus something especially hard to find in Mid-City: a large garage! The garage offers substantial storage and workspace and could potentially provide an additional rental income stream separate from the residential units.

With existing tenants, a desirable central location, generous outdoor space, and multiple opportunities to increase income, this is a solid Mid-City investment with plenty of room to grow.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Fence

Parking Features Off Street

Pool None

Water Access Desc Public

Roof Type Shingle

Building

Lot Description City Lot, Oversized Lot

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 105205611

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by REVE, REALTORS
Kim Rafferty

Kim Rafferty

Rêve | Realtor | License ID: SALE.15540-ACT

+1(504) 616-8451

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421 S LOPEZ ST