423 Murat Street New Orleans, LA ^$ 435,000

423 Murat Street

^$ 435,000

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423 Murat Street

New Orleans, LA, 70119

^$ 435,000

Bedrooms8 Baths4.0 Sq 3,264

Monthly Estimate*

^$ 2,714

423 Murat Street, New Orleans, LA 70119 - Image 1

423 Murat Street, New Orleans, LA 70119 - Image 2

423 Murat Street, New Orleans, LA 70119 - Image 3

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423 Murat Street, New Orleans, LA 70119 - Image 8

423 Murat Street, New Orleans, LA 70119 - Image 9

Multi-Family Home for sale in New Orleans, LA

for $435,000 with 8 bedrooms and 4 full baths. This 3,264 square foot home was built in 1970.

Ability to add value with cosmetic renovations while also taking over a strong rent roll. 423 S. Murat Street is fully occupied 4-unit multifamily property located one block off Banks Street in Mid City neighborhood of New Orleans. The building contains four (4) total units - which are all 2 bedroom 1 bathroom and 816 square foot each. The total building size is 3,264 square feet and has 2 stories. The property is located in a rapidly growing area of New Orleans and is in high demand from tenants and owners alike. This presents a great opportunity for a purchaser to owner occupy one unit and use the remaining rental income to offset expenses or purchase as a pure investment vehicle.

Multi-Family Active

Price

^$ 435,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Year Built

1970

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2523228

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Shingle

Architectural Style Other

Construction Materials Brick Veneer Frame

Year Built 1970

Stories Count 2

Levels Two

Property Subtype Quadruplex

County Orleans

Property Type Residential Income

Total Rooms 0

Full Baths 4

Status Active

City New Orleans

Number Of Units Total 4

Property Condition Average Condition

Standard Status Active

Property Sub Type Additional Quadruplex

Exterior

Parking Features Off Street Parking Lot

Lot Features City Lot Rectangular Lot

Water Source Public

Lot Size Area 0

Foundation Details Slab

Lot Dimensions 5422

Lot Size Acres 0

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Half Baths 0

Total Bedrooms 8

* Excluded Features

List By

Bridgewater Realty Advisors, Llc

Broker

mason@bridgewater.realty

Affordability Calculator

$2,714

Per Month

Monthly Principal & Interest: $2,714
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in New Orleans, LA

Average List Price ^$539,090

Percent of Sale Price 24%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/24/2025	$435,000		Listed Price

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423 Murat Street, New Orleans, LA, 70119 is a Multi-Family Home for sale at $435,000 with 3,264 sqft. 423 Murat Street has 8 bedrooms, 4.0 baths, and was built in 1970. The property's zip code is 70119 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/22/2025.

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423 Murat Street

Multi-Family Home for sale in New Orleans, LA

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