1724 Fern Street, New Orleans, LA 70118
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty



1724 Fern Street,New Orleans, LA 70118
$430,000
- 6 Beds
- 4 Baths
- 3,280 sq. ft.
- Multi-family
- Active
Listed by:niesha freeman
Office:property quest realty
MLS#:2516382
Source:LA_CLBOR
Price summary
- Price:$430,000
- Price per sq. ft.:$131.1
About this home
Rare opportunity—4-plexes seldomly come to the market in the Carrollton area. Located in an X flood zone, this property offers reduced flood insurance costs and peace of mind in a highly sought-after neighborhood.
The upstairs features two turnkey, renovated, and rented 2-bed, 1-bath units with wood floors, high ceilings, decorative fireplace mantles (non-functional), and window units providing both AC and heat. There is no central AC throughout the property. All are shotgun style homes.
The roof and all water heaters were replaced in 2023. The property has separate electrical meters for each unit, a single water meter, and a full electrical upgrade completed in 2002. Each unit has its own washer/dryer space with storage, plus access to a shared backyard.
All four units are currently rented, providing consistent income. The two downstairs 1-bed, 1-bath units are well below market rent and present a clear value-add opportunity—good for an investor looking to increase returns over time. This property could also be a great option for an owner-occupant: live in one unit and let the other three help cover the mortgage.
Just steps from Carrollton Avenue, the St. Charles streetcar line, shops, restaurants, and both Tulane and Loyola Universities, this property blends steady cash flow, classic New Orleans architecture, and strong upside potential—a rare find in one of the city’s most desirable neighborhoods.
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Home facts
- Year built:1925
- Listing Id #:2516382
- Added:2 day(s) ago
- Updated:August 14, 2025 at 03:03 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,280 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Heating, Window Unit
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:3,280 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$430,000
- Price per sq. ft.:$131.1
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