7820 Means Avenue New Orleans, LA $ 385,000
7820 Means Avenue
$ 385,000
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7820 Means Avenue

New Orleans, LA, 70127
$ 385,000
Bedrooms8 Baths4.4 Sq 3,600

Monthly Estimate*

$ 2,431

7820 Means Avenue, New Orleans, LA 70127 - Image 1
7820 Means Avenue, New Orleans, LA 70127 - Image 2
7820 Means Avenue, New Orleans, LA 70127 - Image 3
7820 Means Avenue, New Orleans, LA 70127 - Image 4
7820 Means Avenue, New Orleans, LA 70127 - Image 5
7820 Means Avenue, New Orleans, LA 70127 - Image 6
7820 Means Avenue, New Orleans, LA 70127 - Image 7
7820 Means Avenue, New Orleans, LA 70127 - Image 8

Multi-Family Home for sale in New Orleans, LA

for $385,000 with 8 bedrooms and 4 full baths, 4 half baths. This 3,600 square foot home was built in 1991 on a lot size of 0.0918.

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.

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Multi-Family Active

Price

$ 385,000

Bedrooms

8

Full Bath

4

Half Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0918

Year Built

1991

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2564664

Features
Interior
Interior Amenities Air Filtration
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 4
Total Bedrooms 8
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General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Architectural Style Other
Pool Features None
Construction Materials Brick
Year Built 1991
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Quadruplex
County Orleans
Property Type Residential Income
Full Baths 4
Status Active
City New Orleans
Number Of Units Total 4
Property Condition Very Good Condition
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description SQ 2 VILLA SITES LOT 29 40 X 100 MEANS AV FOURPLEX/BRICK 2/STORY
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Exterior
Parking Features Assigned Off Street Parking Lot Three or more Spaces
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.0918
Foundation Details Slab
Lot Dimensions 40 x 100
Lot Size Acres 0.0918
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* Excluded Features
List By
Compass Uptown

Broker

melissa@nolahome.com

Email

Affordability Calculator

$2,431
Per Month
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Monthly Principal & Interest
$2,431
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.49% 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
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2026$385,000 Listed Price

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7820 Means Avenue, New Orleans, LA, 70127 is a Multi-Family Home for sale at $385,000 with 3,600 sqft and a lot size of 0.0918. 7820 Means Avenue has 8 bedrooms, 4.4 baths, and was built in 1991. The property's zip code is 70127 which is in New Orleans, LA