Active

Price cut: $19K (7/7)

$580,000

4120 Hessmer Ave, Metairie, LA 70002

12beds

4,100sqft

$3,772/mo

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Quadruplex, Multi Family, Multi Family

Built in 1977

-- sqft lot

$552,100 Zestimate^®

$141/sqft

$-- HOA

What's special

Don’t miss this rare chance to own a cash-flowing 4-plex in one of Metairie’s most sought-after areas. Each spacious unit offers 3 bedrooms and 1.5 bathrooms, making it highly desirable for long-term tenants and maximizing rental income potential. Minutes from Lakeside Mall, dining, and major retail Easy access to I-10 and surrounding areas Situated in a stable, established neighborhood

133 days

196

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 8
Full bathrooms: 4
1/2 bathrooms: 4

Heating

Central

Cooling

Central Air

Interior area

Total interior livable area: 4,100 sqft

Property

Parking

Parking features: Parking Lot

Features

Levels: Two
Stories: 2

Lot

Size: 5,828 Square Feet
Dimensions: 53 x 109
Features: Outside City Limits, Rectangular Lot

Details

Parcel number: 0820038691
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Quadruplex, Multi Family, Multi Family

Materials

Brick
Foundation: Slab
Roof: Shingle

Condition

Very Good Condition
Year built: 1977

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Hessmer Farms

Location

Region: Metairie

Financial & listing details

Price per square foot: $141/sqft
Tax assessed value: $437,000
Annual tax amount: $5,507
Date on market: 3/19/2026
Tenant pays: Electricity, Water

Estimated market value

$552,100

$524,000 - $580,000

$2,282/mo

Price history

Date	Event	Price
7/7/2026	Price change	$580,000-3.2%$141/sqft
Source: GSREIN #2549075 Report a problem
5/1/2026	Price change	$599,000-4.2%$146/sqft
Source: GSREIN #2549075 Report a problem
3/24/2026	Listed for sale	$625,000+25.3%$152/sqft
Source: GSREIN #2549075 Report a problem
2/12/2021	Sold	--
Source: GSREIN #2277088 Report a problem
12/9/2020	Pending sale	$499,000$122/sqft
Source: GSREIN #2277088 Report a problem
11/20/2020	Listed for sale	$499,000$122/sqft
Source: Margaret Berliner & Associates #2277088 Report a problem
4/3/2019	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,507 -4.2%	$43,700
2023	$5,749 +2.7%	$43,700
2022	$5,598 +7.7%	$43,700
2021	$5,200 +22.6%	$43,700 +21.7%
2020	$4,242 -2.7%	$35,910
2019	$4,361 +157.9%	$35,910 +140.8%
2018	$1,691	$14,910
2017	$1,691	$14,910
2016	$1,691 -0.3%	$14,910 -1.1%
2015	$1,695	$15,070
2014	$1,695	$15,070

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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