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
- 12 Beds
- 8 Baths
- 4,500 sq. ft.
- Multi-family
- Active
Listed by:brandin learson
Office:branding realty llc.
MLS#:NO2507718
Source:LA_RAAMLS
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!
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Home facts
- Listing ID #:NO2507718
- Added:9 day(s) ago
- Updated:October 09, 2025 at 03:35 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:8
- Living area:4,500 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Heat
Structure and exterior
- Roof:Composition
- Building area:4,500 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$319,000
- Price per sq. ft.:$141.78
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