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4516 Banks Street

New Orleans, LA 70119
  • $545,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: 2519156
UPDATED: 39 min ago
$545,000
  • 5
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,732
    SQFT
  • $199
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

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 propertys 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.

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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: 2025-12-10T22:35:04.9.
www.keatyrealestate.com/homes/167645335
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4516 Banks Street New Orleans, LA 70119

  • Price: $545,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 39 min ago
  • MLS #: 2519156
5
Beds
4
Baths
0
½ Baths
N/A
Acres
2,732
SQFT
$199
$/SQFT
1920
Built
County:
Orleans
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 propertys 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.
Exterior Features

Construction Materials Wood Siding Exterior Features BalconyPorch Foundation Details Raised Garage YN Yes Lot Features City LotRectangular Lot Lot Size Dimensions 31'5" x 116' Parking Features GarageOne Space Patio And Porch Features BalconyPorch Pool Features None Roof Slate

Interior Features

Cooling Window Unit(s) Heating Window Unit Heating YN Yes Laundry Features Common Area

Property Features

Cooling YN Yes Home Warranty YN No Levels Two Listing Terms Bond For DeedLease PurchaseOwner May Carry Owner Pays Water Property Condition Very Good Condition Property Sub Type Quadruplex Restrictions Sewer Public Sewer Special Listing Conditions None Tenant Pays ElectricityGas Watersource Public

Gulf South Real Estate Information Network Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Aaron Dare of Crane Realtors: (504) 210-2014.



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: 2025-12-10T22:35:04.9.
 
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Keaty Real Estate, LLC
350 Doucet Road, Suite B
Lafayette LA, 70503