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  • Price cut: $10K (5/29)
    $305,000

    540 Terrace St, New Orleans, LA 70121

    --beds
    1,260sqft
    : 
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    Quadruplex, Multi Family, Multi Family
    Built in 1959
    -- sqft lot
    $294,200 Zestimate®
    $242/sqft
    $-- HOA

    What's special

    New roofBathroom tubBuilt in closetsFloating shelves
    4 plex efficiency units that have recently been renovated with new kitchen cabinets and stove, bathroom tub, and vanities, flooring, built in closets, and floating shelves. It has a new roof, water heater, new windows and window units. This property is conveniently located and just a short drive from Ochsner Hospital, Huey Long Bridge, Clearview and Causeway. Shared water and gas meter paid by owner. Electric meters are separate and paid by tenant. There is a shed with a shared washer/dryer.
    87 days
    |
    88
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Dominach 504-232-7782,

    Mirambell Realty 504-889-9850

    Source: GSREIN,MLS#: 2550972MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 4
      • Full bathrooms: 4
      Living room
      • Description: Flooring: Laminate,Simulated Wood
      • Level: Lower
      Living room
      • Description: Flooring: Laminate,Simulated Wood
      • Level: Lower
      Living room
      • Description: Flooring: Laminate,Simulated Wood
      • Level: Lower
      Living room
      • Description: Flooring: Laminate,Simulated Wood
      • Level: Lower
      Heating
      • Window Unit
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Common Area
      Interior area
      • Total interior livable area: 1,260 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Fence
      • Pool features: None
      Lot
      • Size: 4,552 Square Feet
      • Dimensions: 50 x 90
      • Features: City Lot, Rectangular Lot
      Details
      • Parcel number: 0700006838
      • 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
      • Excellent
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Not a Subdivision
      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $242/sqft
      • Tax assessed value: $212,800
      • Annual tax amount: $2,682
      • Date on market: 4/2/2026
      • Tenant pays: Electricity

        Estimated market value

        $294,200

        $279,000 - $309,000

        $1,642/mo

        Price history

        DateEventPrice
        5/29/2026Price change$305,000-3.2%$242/sqft
        Source: GSREIN #2550972 Report a problem
        4/2/2026Listed for sale$315,000$250/sqft
        Source: GSREIN #2550972 Report a problem
        4/1/2026Listing removed$315,000$250/sqft
        Source: GSREIN #2524143 Report a problem
        10/28/2025Price change$315,000-3.1%$250/sqft
        Source: GSREIN #2524143 Report a problem
        9/30/2025Listed for sale$325,000+16.1%$258/sqft
        Source: GSREIN #2524143 Report a problem
        9/28/2025Listing removed$280,000$222/sqft
        Source: GSREIN #2493071 Report a problem
        5/14/2025Price change$280,000-6.4%$222/sqft
        Source: GSREIN #2493071 Report a problem
        3/27/2025Listed for sale$299,000$237/sqft
        Source: GSREIN #2493071 Report a problem
        8/2/2006Sold--
        Source: Public Record Report a problem
        5/26/2004Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,682 +6.8%$21,280 +11.5%
        2023$2,510 +2.7%$19,080
        2022$2,444 +7.7%$19,080
        2021$2,270 +0.7%$19,080
        2020$2,254 +13.7%$19,080 +16.8%
        2019$1,983 +7.1%$16,330
        2018$1,852 $16,330
        2017$1,852 $16,330
        2016$1,852 -0.2%$16,330 -1%
        2015$1,856 $16,500
        2014$1,856 $16,500

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

          Climate risks

          Neighborhood: 70121

          Getting around

          66 / 100
          Somewhat Walkable
          0 / 100
          No Nearby Transit
          56 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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