Calling all investors! Rare opportunity to own a spacious multi-family property in the heart of New Orleans. This 6-bedroom, 4-bath property offers approximately 2,806 living square feet and was originally built in 1920. Nestled in the desirable Irish Channel neighborhood, bounded by Tchoupitoulas St, Jackson Avenue, Magazine Street, Louisiana Avenue, and St. Charles Avenue. This property offers excellent potential for rental income, renovation, or portfolio expansion. The backyard extends beyond the chain-link gate, providing additional outdoor space. Conveniently located within walking distance to local restaurants, shopping, and neighborhood attractions. An abundance of opportunity awaits in this multi-unit property. Property to be sold as-is.
Active
Price cut: $50K (5/6)
$475,000
514 Soraparu St, New Orleans, LA 70130
6beds
2,806sqft
:
Get pre-qualified$3,119/mo
Quadruplex, Multi Family, Multi Family
Built in 1920
-- sqft lot
$438,400 Zestimate®
$169/sqft
$-- HOA
What's special
- 108 days |
- 128 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Katrell Ambrose 470-244-3256,
Homesmart Realty South 504-908-7653
Source: GSREIN,MLS#: 2551665
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas
Cooling
- None
Interior area
- Total interior livable area: 2,806 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Porch
- Pool features: None
Lot
- Size: 3,868 Square Feet
- Dimensions: 3870
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 411103126
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Average Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Water Heater
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $390,700
- Annual tax amount: $5,157
- Date on market: 4/9/2026
Estimated market value
$438,400
$416,000 - $460,000
$3,706/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $475,000-9.5%$169/sqft |
Source:  GSREIN #2551665 Report a problem | ||
| 4/9/2026 | Listed for sale | $525,000$187/sqft |
Source: GSREIN #2551665 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,157 | $39,070 |
| 2025 | $5,157 -1.5% | $39,070 |
| 2024 | $5,235 +7.8% | $39,070 +13.2% |
| 2023 | $4,855 +4.5% | $34,500 +4.5% |
| 2022 | $4,645 -6.5% | $33,010 -4.3% |
| 2021 | $4,966 +57.9% | $34,500 +59.4% |
| 2020 | $3,146 -3.8% | $21,640 |
| 2019 | $3,269 | $21,640 |
| 2018 | $3,269 | $21,640 |
| 2017 | $3,269 -1.9% | $21,640 +20.5% |
| 2016 | $3,334 +22.3% | $17,960 |
| 2015 | $2,726 | $17,960 |
| 2014 | $2,726 +2.1% | $17,960 |
| 2013 | $2,670 | $17,960 -7.1% |
| 2012 | -- | $19,330 |
| 2011 | -- | $19,330 -13.4% |
| 2010 | -- | $22,330 |
| 2009 | -- | $22,330 |
| 2007 | -- | $22,330 |
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: St. Thomas
Nearby schools
GreatSchools rating
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 2.4 mi
- 2/10Rooted SchoolGrades: 9-10Distance: 1.5 mi
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 4.9 mi
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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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