26
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$539,000
Est. payment /mo
4 Beds
4 Baths
3,031 SqFt
Active
331 S NORMAN C FRANCIS Pkwy New Orleans, LA 70119
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,031 sqft
Price per Sqft $177
MLS Listing ID 2567949
Style Spanish
Bedrooms 4
Full Baths 4
Construction Status Excellent
HOA Y/N No
Year Built 1951
Property Sub-Type Quadruplex
Property Description
Beautiful Spanish Revival fourplex in the heart of Mid-City, offering timeless character and exceptional investment potential. This well-maintained property features four units, including one 2-bedroom apartment, two 1-bedroom apartments, and one studio, providing a versatile unit mix with a strong rental history.
The property underwent a major post-Katrina renovation, with additional significant capital improvements completed between 2018 and 2020, including a new roof, HVAC systems, water heaters, foundation work, and other major upgrades—offering added peace of mind for the next owner.
A rear lot provides valuable off-street parking for up to five vehicles, a rare convenience in this desirable neighborhood. Ideally located just blocks from the Canal Street streetcar line, residents enjoy easy access to downtown, the French Quarter, City Park, and all that New Orleans has to offer.
Whether you're seeking a proven income-producing investment or the opportunity to live in one unit while generating rental income from the others, this Mid-City gem is an outstanding opportunity.
The property underwent a major post-Katrina renovation, with additional significant capital improvements completed between 2018 and 2020, including a new roof, HVAC systems, water heaters, foundation work, and other major upgrades—offering added peace of mind for the next owner.
A rear lot provides valuable off-street parking for up to five vehicles, a rare convenience in this desirable neighborhood. Ideally located just blocks from the Canal Street streetcar line, residents enjoy easy access to downtown, the French Quarter, City Park, and all that New Orleans has to offer.
Whether you're seeking a proven income-producing investment or the opportunity to live in one unit while generating rental income from the others, this Mid-City gem is an outstanding opportunity.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street, Parking Lot
Water Access Desc Public
Roof Type Flat
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
Construction Status Excellent
Others
Tax ID 331
Special Listing Condition None
Listed by James Henderson Properties
NEARBY SCHOOL & BUSINESS
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