4120 24 Erato Street, New Orleans, LA 70125
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
4120 24 Erato Street,New Orleans, LA 70125
$319,000
- 6 Beds
- 4 Baths
- 2,250 sq. ft.
- Multi-family
- Active
Listed by:brandin learson
Office:branding realty llc.
MLS#:2507718
Source:LA_GSREIN
Price summary
- Price:$319,000
- Price per sq. ft.:$141.78
About this home
Turnkey Investment Opportunity in the Heart of New Orleans!
Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike.
Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential.
Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking — all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living.
Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find.
Schedule your private showing today and secure this exceptional opportunity before it’s gone!
Contact an agent
Home facts
- Year built:1970
- Listing ID #:2507718
- Added:107 day(s) ago
- Updated:October 04, 2025 at 03:56 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,250 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:1970
- Building area:2,250 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$319,000
- Price per sq. ft.:$141.78
New listings near 4120 24 Erato Street
- New$589,000Active3 beds 3 baths2,690 sq. ft.
6032 Pontchartrain Boulevard, New Orleans, LA 70124
MLS# NO2524910Listed by: HOMESMART REALTY SOUTH - New$619,900Active2 beds 2 baths1,421 sq. ft.
809 Burgundy Street #809, New Orleans, LA 70116
MLS# 2524898Listed by: REGISTER REAL ESTATE, INC. - New$200,000Active2 beds 2 baths1,237 sq. ft.
6224 Franklin Avenue, New Orleans, LA 70122
MLS# 2524732Listed by: COMPASS HISTORIC (LATT09) - New$190,000Active3 beds 2 baths1,613 sq. ft.
9740 Andover Drive, New Orleans, LA 70127
MLS# 2524890Listed by: REAL BROKER, LLC - New$339,000Active2 beds 3 baths1,148 sq. ft.
4719 Annunciation Street #4719, New Orleans, LA 70115
MLS# 2524344Listed by: REVE, REALTORS - New$329,000Active3 beds 2 baths1,476 sq. ft.
2014 Philip Street, New Orleans, LA 70113
MLS# 2522313Listed by: BERKSHIRE HATHAWAY HOMESERVICES PREFERRED, REALTOR - New$275,000Active3 beds 2 baths1,503 sq. ft.
5466 N Rampart Street, New Orleans, LA 70117
MLS# 2522912Listed by: REVE, REALTORS - New$525,000Active4 beds 2 baths1,533 sq. ft.
805-807 Jackson Avenue, New Orleans, LA 70130
MLS# 2524843Listed by: HOSPITALITY REALTY - New$275,000Active3 beds 2 baths1,503 sq. ft.
5466 N Rampart Street, New Orleans, LA 70117
MLS# NO2522912Listed by: REVE, REALTORS - New$79,000Active1 beds 1 baths1,064 sq. ft.
2417-19 N Galvez Street, New Orleans, LA 70117
MLS# NO2524840Listed by: KELLER WILLIAMS REALTY NEW ORLEANS