4516 Banks Street, New Orleans, LA 70119
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: aaron dare
Office: crane realtors
MLS#:2519156
Source:LA_CLBOR
Price summary
- Price:$545,000
- Price per sq. ft.:$199.49
About this home
Located on a quiet block in the heart of Mid-City, this classic raised fourplex combines historic charm, modern updates, and strong investment potential. The property features two units upstairs and two units downstairs, each with its own private entrance, creating a versatile setup for a variety of rental strategies.
The upper right unit is spacious and filled with natural light, while the upstairs studio offers flexible living space. Of the two downstairs units, one has been fully renovated with updated finishes and a functional, efficient layout. Original architectural details, including high ceilings, transom windows, and period millwork, add to the property’s character while blending seamlessly with modern updates.
Additional highlights include off-street parking, garage access, and a shared courtyard space. Its prime Mid-City location provides easy access to City Park, the Canal Street streetcar, and nearby restaurants, shops, and entertainment.
This property presents an opportunity to own a versatile multi-unit investment with excellent rental income potential.
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Home facts
- Year built:1920
- Listing ID #:2519156
- Added:113 day(s) ago
- Updated:December 28, 2025 at 04:02 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,732 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Heating, Window Unit
Structure and exterior
- Roof:Slate
- Year built:1920
- Building area:2,732 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$545,000
- Price per sq. ft.:$199.49
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