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.
Active
Price cut: $10K (8/3)
$375,000
7820 Means Ave, New Orleans, LA 70127
7beds
3,600sqft
Quadruplex, Multi Family, Multi Family
Built in 1991
-- sqft lot
$367,600 Zestimate®
$104/sqft
$-- HOA
What's special
Functional townhouse floor plansOff-street parkingGranite countertopsWood cabinetryModern vanitiesTile flooringGenerous bedroom sizes
- 75 days
- 53
- 2
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#: 2564664
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: $104/sqft
- Tax assessed value: $248,900
- Annual tax amount: $3,285
- Date on market: 6/24/2026
- Tenant pays: Electricity
Estimated market value
$367,600
$349,000 - $386,000
$2,063/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $375,000-2.6%$104/sqft |
Source: | ||
| 6/25/2026 | Listed for sale | $385,000+45.3%$107/sqft |
Source: | ||
| 5/12/2021 | Sold | -- |
Source: | ||
| 1/8/2021 | Listing removed | -- |
Source: | ||
| 1/7/2021 | Pending sale | $265,000$74/sqft |
Source: Face to Face Realty, LLC #2280972 Report a problem | ||
| 1/6/2021 | Listed for sale | $265,000+48%$74/sqft |
Source: Face to Face Realty, LLC #2280972 Report a problem | ||
| 4/10/2016 | Sold | -- |
Source: | ||
| 3/6/2016 | Pending sale | $179,000$50/sqft |
Source: RE/MAX Real Estate Partners #2036932 Report a problem | ||
| 11/23/2015 | Listed for sale | $179,000$50/sqft |
Source: RE/MAX Real Estate Partners #2036932 Report a problem | ||
| 6/20/2013 | Sold | -- |
Source: Public Record Report a problem | ||
| 4/24/2013 | Sold | -- |
Source: Public Record Report a problem | ||
| 9/29/2008 | Sold | -- |
Source: Public Record Report a problem | ||
| 11/6/2006 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






