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7820 Means Avenue

New Orleans, LA 70127
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Bed 8

Bed

Bath 4

Bath

SqFt3,600

Sqft

Acres0.09

Acre(Lot)

Turnkey Investment Opportunity! Fully Occupied 4-Plex Producing $4,175 Per Month in Rental Income.

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.

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.

With steady occupancy already in place, this property offers investors th e opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements.

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $385,000

AD Id : 86159767

MLS Id : 2564664

Beds : 8

Lot Size : 0.09 Acre

Living Area Size : 3,600

Year Built : 1991

County : Orleans

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Full Baths: 4 Half Baths: 4

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Room Information

    Total Square Feet Living: 3600
  • Interior Features

    Roof: Shingle Interior Features: Air Filtration Cooling Features: Central Air Heating Features: Central

  • Building Information

    Year Built: 1991 Roof: Shingle

  • Lot Information

    Lot Features: City Lot,Rectangular Lot
  • Property Information

    SQ ft: 3,600 Source Listing Status: Active Property Subtype: Quadruplex Building Exterior Type: Brick Foundation Details: Slab Property Age: 35 Property Condition: Very Good Condition Levels or Stories: Two

  • Listing Price Information

    Original List Price: $385,000

  • Tax Information

    Parcel Number: 39W000224
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7935 37 Read Boulevard, New Orleans, LA, 70127 $299,000 5 4 2,360 2,360 SqFt
8038 Lacombe Street, New Orleans, LA, 70127 $300,000 8 4 4,182 4,182 SqFt
7110 12 Boston Drive, New Orleans, LA, 70127 $190,000 3 2 1,300 1,300 SqFt
7000 02 Bunker Hill Road, New Orleans, LA, 70127 $175,000 4 2 2,160 2,160 SqFt
7110 Bunker Hill Road, New Orleans, LA, 70127 $225,000 5 3 2,775 2,775 SqFt
8820 22 Morrison Road, New Orleans, LA, 70127 $249,999 5 3 2,593 2,593 SqFt
10674 Lincoln Beach Bou.., New Orleans, LA, 70127 $300,000 8 4 4,182 4,182 SqFt
10680 Lincoln Beach Bou.., New Orleans, LA, 70127 $300,000 8 4 4,182 4,182 SqFt

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ByOwner last updated this listing 06/26/2026 @ 12:18

MLS: 2564664 LISTED BY: Melissa McClendon, Compass Uptown 504-866-2785 SOURCE: NOMAR

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