New Orleans, LA 70119,4516 BANKS ST
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New Orleans, LA 70119,4516 BANKS ST
New Orleans, LA 70119,4516 BANKS ST
New Orleans, LA 70119,4516 BANKS ST
New Orleans, LA 70119,4516 BANKS ST
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$ 545,000
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4516 BANKS ST New Orleans, LA 70119

5 Beds

4 Baths

2,732 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,732 sqft

Price per Sqft $199

MLS Listing ID 2519156

Bedrooms 5

Full Baths 4

Construction Status Very Good Condition

HOA Y/N No

Year Built 1920

Property Sub-Type Quadruplex

Property Description

Located on a quiet block in the heart of Mid-City, this classic raised fourplex combines historic charm, modern updates, and strong investment potential. The property features two units upstairs and two units downstairs, each with its own private entrance, creating a versatile setup for a variety of rental strategies.

The upper right unit is spacious and filled with natural light, while the upstairs studio offers flexible living space. Of the two downstairs units, one has been fully renovated with updated finishes and a functional, efficient layout. Original architectural details, including high ceilings, transom windows, and period millwork, add to the property's character while blending seamlessly with modern updates.

Additional highlights include off-street parking, garage access, and a shared courtyard space. Its prime Mid-City location provides easy access to City Park, the Canal Street streetcar, and nearby restaurants, shops, and entertainment.

This property presents an opportunity to own a versatile multi-unit investment with excellent rental income potential.

Location

State LA

County Orleans

Interior

Heating Window Unit

Cooling Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Balcony, Porch

Parking Features Garage, One Space

Pool None

Water Access Desc Public

Roof Type Slate

Porch Balcony, Porch

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 105308305

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Crane Realtors
agent

Pennant Real Estate

Broker

+1(225) 663-2112

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4516 BANKS ST