4200 02 State Street Drive New Orleans, LA ^$ 405,000

4200 02 State Street Drive

^$ 405,000

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Open House 5/16 11am - 1pm

4200 02 State Street Drive

New Orleans, LA, 70125

^$ 405,000

Bedrooms4 Baths2.0 Sq 2,434

Monthly Estimate*

^$ 2,494

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Multi-Family Home for sale in New Orleans, LA

for $405,000 with 4 bedrooms and 2 full baths. This 2,434 square foot home was built in 1947.

Updated duplex in the lovely tree-lined Fontainebleau neighborhood (New Street!) with fresh exterior paint, featuring two 2-bedroom, 1-bath units with strong rental potential. Each unit offers a spacious porch, updated kitchens, and a functional layout for tenants or owner-occupants. The upstairs unit has beautiful original hardwood floors. All appliances are to remain after closing, including the washers and dryers. Each unit is separately metered. Property also includes TWO long driveways with parking for at least four cars. Recent comparable properties in the area have rented at $1,700â$1,750 per month per unit. Easy to show, Schedule to view this inviting property today.

Open House

5/16/2026 11:00 AM - 1:00 PM

4200 02 State Street Drive New Orleans, LA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 405,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Year Built

1947

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2557789

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Asphalt

Patio/Porch Features Balcony Porch

Architectural Style Traditional

Pool Features None

Construction Materials Stucco Wood Siding

Year Built 1947

Tenant Pays Electricity Gas Water

Stories Count 2

Levels Two

Property Subtype Duplex

County Orleans

Property Type Residential Income

Full Baths 2

Status Active

Directions Fontainebleau to State Street Drive

City New Orleans

Number Of Units Total 2

Home Warranty Y/N 0

Property Condition Very Good Condition

Virtual Tour https://www.zillow.com/view-imx/facdbe6b-583c-43b9-b28c-866f24cf19cc?initialViewType=pano&setAttribution=mls&utm_source=

Standard Status Active

Tax Lot /131

Property Sub Type Additional Duplex

Legal Description 1. BLOOMINGDALE UP STA EX 2. LOT 78 HF LOT 80 45X82/81 3. 4200-02 STATE STR DR DUP-W

Exterior

Exterior Amenities Balcony Porch

Parking Features Driveway Off Street

Lot Features City Lot Oversized Lot Rectangular Lot

Water Source Public

Lot Size Area 0

Foundation Details Raised

Lot Dimensions 45X82/81

Lot Size Acres 0

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Half Baths 0

Laundry Features In Unit

Total Bedrooms 4

* Excluded Features

List By

Reve, Realtors

Broker

derek@reverealtors.com

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$2,494

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Monthly Principal & Interest: $2,494
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$510,043

Percent of Sale Price 26%

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
5/15/2026	$405,000		Listed Price

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4200 02 State Street Drive, New Orleans, LA, 70125 is a Multi-Family Home for sale at $405,000 with 2,434 sqft. 4200 02 State Street Drive has 4 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 70125 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 5/16/2026.

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4200 02 State Street Drive

Multi-Family Home for sale in New Orleans, LA

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