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  • $385,000

    7820 Means Ave, New Orleans, LA 70127

    7beds
    3,600sqft
    : 
    $2,553/mo
    Get pre-qualified
    Quadruplex, Multi Family, Multi Family
    Built in 1991
    -- sqft lot
    $374,700 Zestimate®
    $107/sqft
    $-- HOA

    What's special

    Functional townhouse floor plansOff-street parkingGranite countertopsWood cabinetryModern vanitiesTile flooringGenerous bedroom sizes
    100% Occupied Turnkey Investment Opportunity! Fully Occupied 4-Plex Producing $4,175 Per Month in Rental Income. Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one. The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants. With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements. Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns.
    29 days
    |
    103
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa McClendon 504-417-5131,

    Compass Uptown 504-866-2785,

    Jennifer Burch 504-338-7480,

    Compass Uptown

    Source: GSREIN,MLS#: 2564664MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 8
      • Full bathrooms: 4
      • 1/2 bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Air Filtration
      Interior area
      • Total interior livable area: 3,600 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Assigned, Off Street, Parking Lot, Three or more Spaces
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 3,998 Square Feet
      • Dimensions: 40 x 100
      • Features: City Lot, Rectangular Lot
      Details
      • Parcel number: 39W000224
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Quadruplex, Multi Family, Multi Family
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Very Good Condition
      • Year built: 1991

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $107/sqft
      • Tax assessed value: $248,900
      • Annual tax amount: $3,285
      • Date on market: 6/24/2026
      • Tenant pays: Electricity

        Estimated market value

        $374,700

        $356,000 - $393,000

        $1,940/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$385,000+45.3%$107/sqft
        Source: GSREIN #2564664 Report a problem
        5/12/2021Sold--
        Source: GSREIN #2280972 Report a problem
        1/8/2021Listing removed--
        Source: GSREIN Report a problem
        1/7/2021Pending sale$265,000$74/sqft
        Source: Face to Face Realty, LLC #2280972 Report a problem
        1/6/2021Listed for sale$265,000+48%$74/sqft
        Source: Face to Face Realty, LLC #2280972 Report a problem
        4/10/2016Sold--
        Source: GSREIN #2036932 Report a problem
        3/6/2016Pending sale$179,000$50/sqft
        Source: RE/MAX Real Estate Partners #2036932 Report a problem
        11/23/2015Listed for sale$179,000$50/sqft
        Source: RE/MAX Real Estate Partners #2036932 Report a problem
        6/20/2013Sold--
        Source: Public Record Report a problem
        4/24/2013Sold--
        Source: Public Record Report a problem
        9/29/2008Sold--
        Source: Public Record Report a problem
        11/6/2006Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$3,285 $24,890
        2025$3,285 -1.5%$24,890
        2024$3,335 -8%$24,890
        2023$3,627 +8.8%$24,890 +5.1%
        2022$3,333 +44.7%$23,690 +48.1%
        2021$2,303 $16,000
        2020-- $16,000
        2019$2,417 $16,000
        2018$2,417 $16,000
        2017$2,417 -1.9%$16,000
        2016$2,465 +1.5%$16,000 +2.6%
        2015$2,428 $15,600
        2014$2,428 +4.7%$15,600
        2013$2,319 $15,600 -7.6%
        2012-- $16,880
        2011-- $16,880
        2010-- $16,880 -10%
        2009-- $18,750 +50%
        2007-- $12,500
        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: Little Woods

        Getting around

        42 / 100
        Car-Dependent
        34 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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