4801 03 Rhodes Drive New Orleans, LA $ 135,000
4801 03 Rhodes Drive
$ 135,000
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4801 03 Rhodes Drive

New Orleans, LA, 70126
$ 135,000
Bedrooms5 Baths2.0 Sq 1,675

Monthly Estimate*

$ 831

4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 1
4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 2
4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 3
4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 4
4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 5
4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 6
4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 7
4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 8
4801 03 Rhodes Drive, New Orleans, LA 70126 - Image 9

Multi-Family Home for sale in New Orleans, LA

for $135,000 with 5 bedrooms and 2 full baths. This 1,675 square foot home was built in 1960 on a lot size of 0.1395.

Investor opportunity with built-in flexibility! This property features a duplex-style layout with two separate living spaces—a 3-bedroom, 1-bath unit on one side and a 2-bedroom, 1-bath unit on the other—offering strong potential for dual rental income. Each unit includes its own living area, kitchen space, and private bedrooms, making it well-suited for long-term tenants or a variety of occupancy strategies. The layout allows for independent living on each side, maximizing functionality and income potential. Currently tenant-occupied on one side month-to-month basis, providing immediate cash flow with the flexibility to adjust rents, occupy one unit, or reposition the property for increased returns. Conveniently located with access to major roadways, local amenities, and city services, this property presents a strategic addition to any portfolio. A smart opportunity for investors seeking multiple income streams and long-term upside. Schedule your showing today.

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Multi-Family Active

Price

$ 135,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.1395

Year Built

1960

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2555648

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Appliances ENERGY STAR Qualified Appliances
Architectural Style Traditional
Pool Features None
Construction Materials Brick Frame
Year Built 1960
Tenant Pays Water
Stories Count 1
Levels One
Property Subtype Duplex
County Orleans
Property Type Residential Income
Energy Efficient Appliances
Full Baths 2
Status Active
City New Orleans
Number Of Units Total 2
Property Condition Very Good Condition
Standard Status Active
Property Sub Type Additional Duplex
Legal Description DARBY RHODES SUB DIV SQ 13 LOT 1 RHODES AND DREUX 81X75 BR DBLE 8/RM A/R 4801-03 RHODES DR
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Exterior
Parking Features Driveway Off Street
Lot Features Corner Lot City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.1395
Foundation Details Slab
Lot Dimensions 81X75
Lot Size Acres 0.1395
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 5
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* Excluded Features
List By
Jolã­ Burrell Real Estate

Broker

JoliRealty@gmail.com

Email

Affordability Calculator

$831
Per Month
100%
0%
0%
Monthly Principal & Interest
$831
Monthly Property Taxes
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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
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$135,000 Listed Price

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4801 03 Rhodes Drive, New Orleans, LA, 70126 is a Multi-Family Home for sale at $135,000 with 1,675 sqft and a lot size of 0.1395. 4801 03 Rhodes Drive has 5 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 70126 which is in New Orleans, LA