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  • $475,000

    421 S Lopez St, New Orleans, LA 70119

    4beds
    3,875sqft
    : 
    $3,150/mo
    Get pre-qualified
    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
    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.
    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#: 2565781MLS Logo

      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

        DateEventPrice
        8/19/2026Listed for sale$475,000-4.8%$123/sqft
        Source: GSREIN #2565781 Report a problem
        6/19/2026Listing removed$499,000$129/sqft
        Source: GSREIN #2535062 Report a problem
        12/18/2025Listed for sale$499,000$129/sqft
        Source: GSREIN #2535062 Report a problem
        9/30/2004Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mid-City

        Getting around

        87 / 100
        Very Walkable
        64 / 100
        Good Transit
        98 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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