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4120 24 Erato Street

New Orleans, LA 70125
  • $319,000
  • STATUS: Active
  • ON SITE: 171 Days
  • MLS #: 2507718
$319,000
  • 6
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $142
    $/SQFT
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Description

Turnkey Investment Opportunity in the Heart of New Orleans!Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike.Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential.Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking " all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living.Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find.Schedule your private showing today and secure this exceptional opportunity before its gone!

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Broker and Associates are licensed in the State of Louisiana, USA.
Keaty Real Estate, LLC || (337) 235-7770 || Lafayette, LA.

Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keaty Real Estate, LLC. Data last updated: 2025-12-06T23:34:43.303.
www.keatyrealestate.com/homes/165031994
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4120 24 Erato Street New Orleans, LA 70125

  • Price: $319,000
  • Status: Active
  • On Site: 171 Days
  • MLS #: 2507718
6
Beds
4
Baths
0
½ Baths
N/A
Acres
2,250
SQFT
$142
$/SQFT
1970
Built
County:
Orleans
Property Description
Turnkey Investment Opportunity in the Heart of New Orleans!Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike.Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential.Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking " all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living.Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find.Schedule your private showing today and secure this exceptional opportunity before its gone!
Exterior Features

Construction Materials Brick Foundation Details Slab Lot Features City LotRectangular Lot Lot Size Dimensions 58' X 112' 10" Parking Features Off Street Pool Features None Roof Shingle Window Features Screens

Interior Features

Appliances ENERGY STAR Qualified Appliances Cooling Central Air Heating Central Heating YN Yes Laundry Features Laundry Room

Property Features

Architectural Style Other Association Name NOMAR Cooling YN Yes Green Energy Efficient AppliancesLightingWater Heater Home Warranty YN No Levels One Property Condition Very Good Condition Property Sub Type Duplex Restrictions Sewer Public Sewer Special Listing Conditions None Tenant Pays ElectricityWater Watersource Public

Gulf South Real Estate Information Network Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Brandin Learson of Branding Realty LLC: (504) 319-4734.



Broker and Associates are licensed in the State of Louisiana, USA.
Keaty Real Estate, LLC || (337) 235-7770 || Lafayette, LA.

Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keaty Real Estate, LLC. Data last updated: 2025-12-06T23:34:43.303.
 
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Keaty Real Estate, LLC
350 Doucet Road, Suite B
Lafayette LA, 70503