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7820 Means Avenue

New Orleans, LA 70127
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Bed 8

Bed

Bath 8

Bath

SqFt3,600

Sqft

Acres0.09

Acre(Lot)

100% Occupied 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 the 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 : ResidentialIncome

Price : $375,000

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 beds: 8

    Bathroom Information

    Full Baths: 4 Half Baths: 4

    Roofing Information

    Shingle
  • Interior Features

    AirFiltration
    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1991
    Construction Materials: Brick
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Dimensions: 40 x 100 Main Square Feet: 0.0918 Lot Size Acres: 0.0918 Lot Description: CityLot,RectangularLot

  • Listing Price Information

    Listing Price: $375000
    Original Price: $385000

  • Tax Information

    Parcel Number: 39W000224 Tax Legal Desc: SQ 2 VILLA SITES LOT 29 40 X 100 MEANS AV FOURPLEX/BRICK 2/STORY

  • Location Information

    WaterSource: Public
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Nearby Home Value

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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
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

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/15/2026 @ 04:07

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

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