7820 Means Avenue, New Orleans, LA 70127
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: melissa b mcclendon, jennifer a burch
Office: compass uptown
MLS#:2564664
Source:ROAM
Price summary
- Price:$349,999
- Price per sq. ft.:$97.22
About this home
100% Occupied Turnkey Investment Opportunity! Fully Occupied 4-Plex Producing $4,175 Per Month in Rental Income. <br><br>Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one. <br><br>The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants. <br><br>With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements. <br><br>Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns. <br>...
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Home facts
- Year built:1991
- Listing ID #:2564664
- Added:139 day(s) ago
- Updated:November 12, 2026 at 04:12 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:4
- Half bathrooms:4
- Living area:3,600 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1991
- Building area:3,600 sq. ft.
- Lot area:0.09 Acres
- Construction Materials:Brick
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$349,999
- Price per sq. ft.:$97.22
Parking
- Parking description:Assigned, Off Street, Parking Lot
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