Price reduction to $699,000! $7,594 per month actual gross income. 6 unit apartment complex located near Napoleon Avenue and S. Broad Street intersection in New Orleans, LA. All of the units have been renovated to some degree, allowing for a new owner to capture the maximum rents the area will allow for these unit layouts. The property boast a high occupancy rate and the Broadmoor area is highly sought after by prospective tenants.
This presents an excellent investment opportunity for local, regional and national investors alike who are looking to expand their New Orleans footprint by purchasing a fully turn key asset in a great neighborhood of New Orleans that will see demand and appreciation for years to come.
Active
Price cut: $76K (7/31)
$699,000
4237 Fontainebleau Dr, New Orleans, LA 70125
9beds
5,952sqft
Multi Family, Apartment
Built in 1930
-- sqft lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Fully renovated
- 184 days |
- 313 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Mason McCullough 504-298-8631,
Bridgewater Realty Advisors, LLC 504-901-0463,
Bryce Danna-Marullo 504-301-5583,
Bridgewater Realty Advisors, LLC
Source: GSREIN,MLS#: 2543490
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Window Unit
Cooling
- Window Unit(s)
Interior area
- Total interior livable area: 5,952 sqft
Property
Parking
- Parking features: None
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 2,960 Square Feet
- Dimensions: 2960
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 1
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Flat
Condition
- Excellent
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $456,700
- Annual tax amount: $6,028
- Date on market: 2/19/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,747/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $699,000-9.8%$117/sqft |
Source:  GSREIN #2543490 Report a problem | ||
| 2/19/2026 | Listed for sale | $775,000-2.5%$130/sqft |
Source: GSREIN #2543490 Report a problem | ||
| 12/2/2025 | Listing removed | $795,000$134/sqft |
Source: GSREIN #2493974 Report a problem | ||
| 10/6/2025 | Price change | $795,000-3.6%$134/sqft |
Source: GSREIN #2493974 Report a problem | ||
| 5/30/2025 | Price change | $825,000-5.7%$139/sqft |
Source: GSREIN #2493974 Report a problem | ||
| 3/28/2025 | Listed for sale | $875,000$147/sqft |
Source: GSREIN #2493974 Report a problem | ||
| 9/27/2019 | Sold | -- |
Source: GSREIN #2218669 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $6,028 | $45,670 |
| 2025 | $6,028 -1.5% | $45,670 |
| 2024 | $6,119 -5.4% | $45,670 -0.7% |
| 2023 | $6,470 +4.7% | $45,980 +4.7% |
| 2022 | $6,177 -6.7% | $43,900 -4.5% |
| 2021 | $6,619 +32.2% | $45,980 +33.5% |
| 2020 | $5,007 -3.8% | $34,440 |
| 2019 | $5,203 -1.9% | $34,440 |
| 2018 | $5,303 | $34,440 |
| 2017 | $5,303 -1.9% | $34,440 +56.5% |
| 2016 | $5,407 +57.2% | $22,000 |
| 2015 | $3,439 | $22,000 |
| 2014 | $3,439 +2% | $22,000 |
| 2013 | $3,371 | $22,000 |
| 2012 | -- | $22,000 -10% |
| 2011 | -- | $24,440 |
| 2010 | -- | $24,440 +43.8% |
| 2009 | -- | $17,000 -30.4% |
| 2007 | -- | $24,440 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Broadmoor
Nearby schools
GreatSchools rating
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 1.9 mi
- NAEleanor Mcmain Secondary SchoolGrades: 7-12Distance: 0.7 mi
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 4.3 mi
- $206,8002 bd1 ba893 sqft4237 Fontainebleau Dr #B, New Orleans, LA 70125Off Market
- $--2 bd1 ba725 sqft2030 S Salcedo St #2030, New Orleans, LA 70125Off Market
- $--2 bd1 ba893 sqft4237 Fontainebleau Dr #A, New Orleans, LA 70125Off Market
- $201,0002 bd1 ba725 sqft2030 S Salcedo St, New Orleans, LA 70125Off Market
- $163,4001 bd1 ba535 sqft2028 S Salcedo St, New Orleans, LA 70125Off Market
- $204,4001 bd1 ba600 sqft2026 S Salcedo St, New Orleans, LA 70125Off Market
- $--1 bd1 ba1k sqft4233 Fontainebleau Dr APT 2, New Orleans, LA 70125Off Market
- $---- bd1 ba800 sqft4233 Fontainebleau Dr APT 3, New Orleans, LA 70125Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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