CALLING ALL INVESTORS or savvy approved home buyer looking to have your first home pay you to live there! Cash cow in the heart of New Orleans bringing in $4400 of rental income when fully rented. Tenants pay their own electricity and owner pays water and garbage @ ~$350 per month. Units renovated after a fire in building in 2023.
Closed
Price Unknown
8724 Forshey St, New Orleans, LA 70118
4beds
2,114sqft
Townhouse, Quadruplex, Multi Family, Multi Family
Built in 1961
3,044 Square Feet Lot
$313,600 Zestimate®
$--/sqft
$3,419 Estimated rent
Home value
$313,600
$279,000 - $351,000
$3,419/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Rachel Loy 504-908-9735,
Watermark Realty, LLC
Bought with:
Gia Misuraca
ALC REALTY
Source: GSREIN,MLS#: 2522920
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Bedroom
- Description: Flooring: Tile
- Level: First
- Dimensions: 11.7x10.1
Bedroom
- Description: Flooring: Tile
- Level: First
- Dimensions: 11.7x10.1
Bedroom
- Description: Flooring: Tile
- Level: Second
- Dimensions: 11.7x10.1
Bedroom
- Description: Flooring: Tile
- Level: Second
- Dimensions: 11.7x10.1
Kitchen
- Description: Flooring: Tile
- Level: First
- Dimensions: 8.6x8.2
Kitchen
- Description: Flooring: Tile
- Level: First
- Dimensions: 8.6x8.2
Kitchen
- Description: Flooring: Tile
- Level: Second
- Dimensions: 8.6x8.2
Kitchen
- Description: Flooring: Tile
- Level: Second
- Dimensions: 8.6x8.2
Living room
- Description: Flooring: Tile
- Level: First
- Dimensions: 12.6x11.7
Living room
- Description: Flooring: Tile
- Level: First
- Dimensions: 12.6x11.7
Living room
- Description: Flooring: Tile
- Level: Second
- Dimensions: 12.6x11.7
Living room
- Description: Flooring: Tile
- Level: Second
- Dimensions: 12.6x11.7
Heating
- Central, Multiple Heating Units
Cooling
- Central Air, Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Windows: Screens
Interior area
- Total interior livable area: 2,114 sqft
Property
Parking
- Total spaces: 3
- Parking features: Three or more Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,044 Square Feet
- Dimensions: 3044 sq ft
- Features: City Lot, Irregular Lot
Details
- Parcel number: 716406106
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Quadruplex, Multi Family, Multi Family
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Tax assessed value: $240,300
- Annual tax amount: $3,172
- Date on market: 10/3/2025
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | -- |
Source:  GSREIN #2522920 Report a problem | ||
| 10/17/2025 | Contingent | $315,000$149/sqft |
Source: GSREIN #2522920 Report a problem | ||
| 10/3/2025 | Listed for sale | $315,000+5.4%$149/sqft |
Source: GSREIN #2522920 Report a problem | ||
| 1/1/2022 | Sold | -- |
Source: GSREIN #2328727 Report a problem | ||
| 5/22/2021 | Listing removed | -- |
Source:  HomeSmart Report a problem | ||
| 8/1/2020 | Price change | $299,000-8%$141/sqft |
Source: GSREIN #2253683 Report a problem | ||
| 5/21/2020 | Listed for sale | $325,000$154/sqft |
Source: Homesmart Realty South #2253683 Report a problem | ||
| 6/15/2009 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,172 | $24,030 |
| 2025 | $3,172 -1.5% | $24,030 |
| 2024 | $3,220 -7.5% | $24,030 -2.9% |
| 2023 | $3,483 | $24,750 |
| 2022 | $3,483 -7% | $24,750 -4.8% |
| 2021 | $3,743 +478.5% | $26,000 +484.3% |
| 2020 | $647 -3.8% | $4,450 |
| 2019 | $672 | $4,450 |
| 2018 | $672 | $4,450 |
| 2017 | $672 -1.9% | $4,450 |
| 2016 | $686 +1.5% | $4,450 |
| 2015 | $675 | $4,450 |
| 2014 | $675 +2.1% | $4,450 |
| 2013 | $662 | $4,450 |
| 2012 | -- | $4,450 -2% |
| 2011 | -- | $4,540 |
| 2010 | -- | $4,540 |
| 2009 | -- | $4,540 |
| 2007 | -- | $4,540 |
Find assessor info on the county website
Neighborhood: Holly Grove
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Nearby schools
GreatSchools rating
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 3 mi
- NAWarren Easton Senior High SchoolGrades: 9-12Distance: 1.7 mi
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 4.3 mi
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Estimated market value
$313,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$313,600
- Louisiana
- Orleans Parish
- New Orleans
- 70118
- Holly Grove
- 8724 Forshey St
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