Income-producing 4-plex in the heart of Mid-City, just off Banks Street! This property is surrounded by some of the neighborhood’s favorite bars, coffee shops, restaurants, and conveniences, including Finn McCool’s, Holy Ground, Trader Joe’s, The Station Coffee Shop & Bakery, Bayou St. John, the Crescent City Farmers Market, and the Lafitte Greenway making it easy to bike or commute into Downtown.
Four separate units with three already occupied offer immediate rental income and flexibility for the next owner. Move into the vacant unit and let your tenants offset your expenses, or lease all four for a fully income-producing investment. New roof in 2025!
A secure, interior common entrance and lobby provides an added layer of privacy and security for residents. Outside, the property offers a huge yard plus something especially hard to find in Mid-City: a large garage! The garage offers substantial storage and workspace and could potentially provide an additional rental income stream separate from the residential units.
With existing tenants, a desirable central location, generous outdoor space, and multiple opportunities to increase income, this is a solid Mid-City investment with plenty of room to grow.
Active
$475,000
421 S Lopez St, New Orleans, LA 70119
4beds
3,875sqft
Quadruplex, Multi Family, Multi Family
Built in 2006
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Large garageHuge yardGenerous outdoor spaceSubstantial storage and workspace
- 13 days
- 161
- 6
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Gabriella Francescon 504-909-4435,
REVE, REALTORS 504-300-0700,
Emma Bologna 504-401-1755,
Engel & Völkers New Orleans
Source: GSREIN,MLS#: 2565781
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Unit
Interior area
- Total interior livable area: 3,875 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Exterior features: Fence
- Pool features: None
Lot
- Size: 5,309 Square Feet
- Dimensions: 34'6" x 153'11"
- Features: City Lot, Oversized Lot
Details
- Parcel number: 105205611
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Vinyl Siding, Wood Siding
- Foundation: Raised
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $436,300
- Annual tax amount: $5,759
- Date on market: 8/19/2026
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $475,000-4.8%$123/sqft |
Source: | ||
| 6/19/2026 | Listing removed | $499,000$129/sqft |
Source: | ||
| 12/18/2025 | Listed for sale | $499,000$129/sqft |
Source: | ||
| 9/30/2004 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,759 | $43,630 |
| 2025 | $5,759 -1.5% | $43,630 |
| 2024 | $5,846 -1.2% | $43,630 +3.8% |
| 2023 | $5,915 +55.1% | $42,040 +55.1% |
| 2022 | $3,813 -9.2% | $27,100 -7.1% |
| 2021 | $4,198 -1% | $29,160 |
| 2020 | $4,239 -0.9% | $29,160 +3% |
| 2019 | $4,277 | $28,310 |
| 2018 | -- | $28,310 +30.1% |
| 2017 | -- | $21,760 |
| 2016 | $4,582 +30.8% | $21,760 |
| 2015 | $3,503 | $21,760 |
| 2014 | $3,503 +2% | $21,760 +127.4% |
| 2013 | $3,435 | $9,570 |
| 2010 | -- | $9,570 |
| 2009 | -- | $9,570 -31.6% |
| 2007 | -- | $14,000 +218.2% |
| 2000 | -- | $4,400 |
Find assessor info on the county website
Monthly payment
Est. payment








