4516 BANKS Street, New Orleans, LA 70119 (MLS# NO2547919)

Remarks & Misc

Remarks

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.

Office/Member/Contract Info

List AOR

NOMAR

Siding

Wood

Yes

Foundation

Piers

Yes

Exterior

Balcony

Yes

Patio

Porch

Yes

Roof

Slate

Yes

Heating

Other

Yes

Cooling

Window Units

Yes

Financing

Lease Purchase

Yes

Owner Finance

Yes

Owner Pays

Water

Yes

Tenant Pays

Electric

Yes

Gas

Yes

Property Features