4828 Francis Drive New Orleans, LA $ 245,000
4828 Francis Drive
$ 245,000
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4828 Francis Drive

New Orleans, LA, 70126
$ 245,000
Bedrooms6 Baths4.0 Sq 2,508

Monthly Estimate*

$ 1,692

4828 Francis Drive, New Orleans, LA 70126 - Image 1
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Multi-Family Home for sale in New Orleans, LA

for $245,000 with 6 bedrooms and 4 full baths. This 2,508 square foot home was built in 1985 on a lot size of 0.12.

INCOME-PRODUCING DOUBLE | 4826-4828 FRANCIS DRIVE | NEW ORLEANS EAST Invest in Opportunity. Build Equity. Generate Income. Discover an exceptional investment opportunity in New Orleans East! This income-producing double offers a combined 6 bedrooms and 4 bathrooms, making it an ideal addition to an investment portfolio or an excellent opportunity for an owner-occupant looking to offset mortgage expenses with rental income. Featuring new carpeting, tile flooring, a side-by-side stainless steel refrigerator, gas stove, and electric washer and dryer hookups, this property offers practical amenities designed for comfortable living and long-term rental appeal. Immediate Income Potential! The lower unit is currently leased, generating $1,425 in monthly rental income ($17,100 annually). With a referenced HANO payment standard of $1,881, investors have an opportunity to explore additional rental income potential, subject to HANO approval, tenant eligibility, and applicable rent-reasonableness requirements. Whether you're expanding your rental portfolio, exploring house hacking, or beginning your real estate investment journey, 4826-4828 Francis Drive offers the opportunity to own a multifamily property with an existing income stream. Schedule your private showing today and explore the possibilities of income-producing real estate in New Orleans East!

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Multi-Family Active

Price

$ 245,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.12

Year Built

1985

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

200VGG

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Connected Natural Gas Available Sewer Connected Water Connected
Roof Shingle
Appliances Microwave Gas Range Refrigerator Stainless Steel Appliance(s)
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s) Security System Leased
Construction Materials Brick
Year Built 1985
Electric Circuit Breakers
Tenant Pays All Utilities
Stories Count 2
Property Subtype Duplex
Parcel Number 4828-FRANCISDR
Community Features Close to Library Close to Medical Facility Close to Public Transportation
County Orleans
New Construction N
Property Type Multifamily
HOA N
Attached Garage N
Garage Y/N N
Full Baths 4
Status Active
Directions • Starting Point. Depart from Divine Realty Consultants in the Warehouse District. • Destination. Arrive at 4828 Francis Dr in New Orleans East. Step-by-Step Driving Directions • Get on the highway
City New Orleans
Senior Community Y/N N
High School District Orleans Parish
Number Of Units Total 2
MLS Area None
Lot Size Units Acres
Lot Size Square Feet 5353.52
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor None
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/roam/200VGG
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Assessor
Legal Description FRANCIS SUB DIV SQ 13 LOT 26 63 X 85 4826-28 FRANCIS DR DBLE BR/V 2/STORY 14/RMS S/R
Year Built Effective 2021
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Flooring Carpet Ceramic Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup In Kitchen In Unit
Total Bedrooms 6
Total Baths 4
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Exterior
Fencing Wood
Parking Features Concrete Off Street Driveway
Lot Features Level
Water Source Public
Lot Size Area 0.12
Foundation Details Slab
Spa N
Building Area Total 2508.0
Lot Dimensions 66 X 85
Lot Size Acres 0.12
Waterfront Y/N N
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4828
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* Excluded Features
List By
Deneka Marie Desroches

Listing Agent

Affordability Calculator

$1,692
Per Month
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Monthly Principal & Interest
$1,692
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Default based on a 30-year fixed rate of 7.375% 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
5584834 Elementary School
5582639 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2026$245,000 Listed Price

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4828 Francis Drive, New Orleans, LA, 70126 is a Multi-Family Home for sale at $245,000 with 2,508 sqft and a lot size of 0.12. 4828 Francis Drive has 6 bedrooms, 4.0 baths, and was built in 1985. The property's zip code is 70126 which is in New Orleans, LA