4820 ELYSIAN FIELDS Avenue, New Orleans, LA 70122 (MLS# NO2534623)

4820 ELYSIAN FIELDS Avenue, New Orleans, LA 70122

$599,000
Property Type: MultiFamily Square Footage: 3,617 Status: Active
Current Price: $599,000 List Date: 12/15/2025 Last Modified: 2/03/2026

Description

Incredible Investment Opportunity In Gentilly! Multi-Unit Property with 3 Unique Living Spaces - Fully Fenced Yard, Dual Driveways & Prime Location! Welcome to this versatile and income-generating property offering three distinct residences on one expansive lot--great for investors, multi-generational families, or those seeking rental income potential! Main Residence (3BR/2BA + Dining Room | 2.5 Floors) Step inside the beautifully updated main home featuring three spacious bedrooms and two full bathrooms. The layout includes a formal dining room, great for entertaining, and a well-appointed kitchen with ample cabinet space. A true showstopper, the private top-floor master suite boasts vaulted ceilings, a full en-suite bathroom, and elevated privacy--your perfect retreat after a long day. Second Unit (Furnished 1BR/1BA Apartment) Move-in ready and fully furnished, the second apartment is a charming one-bedroom, one-bath unit that offers cozy, modern living with great natural light. Great for short- or long-term rentals or a guest suite! Third Unit (Detached Efficiency | Private Entrance) Tucked away in the rear of the property, the efficiency apartment offers a smart layout with its own private entrance, making it great for rental or home office. The fenced-in backyard adds privacy and outdoor enjoyment for tenants or owners alike. There is a full lot next to the home that is included in the sale--a rare opportunity for added space or future development. Additional Highlights: * Two separate driveways - great off-street parking or tenant separation * Fully fenced backyard - great for pets, gardening, or entertaining * Turnkey income potential with three rentable units * Flexible use: live in one unit and rent the others! This unique property is a rare gem offering privacy and strong rental income potential. Schedule your showing today--opportunities like this don't last long! SELLER WILL NOT MAKE ANY REPAIRS - THIS HOME WILL BE SOLD AS-IS.

Supplements: ********

More Information MLS# NO2534623

Listing Info

Delayed Marketing: No List Price/SqFt: 165.61 Document Modified: 2026-02-03 09:45:15.511305 Status: Active Listing Date: 2025-12-14 Listing Price: 599000 Current Price: $599,000 Modification Timestamp: 2026-02-03T15:45:15Z Photo Modified: 2026-02-03T15:40:10Z

General Property Description

Lot Dimensions: 60x75 Stories: 3 SqFt - Total: 3617 SqFt - Source: Appraiser Individual Metered?: Yes Number of Units: 3

Remarks & Misc

Remarks: Incredible Investment Opportunity In Gentilly! Multi-Unit Property with 3 Unique Living Spaces - Fully Fenced Yard, Dual Driveways & Prime Location! Welcome to this versatile and income-generating property offering three distinct residences on one expansive lot--great for investors, multi-generational families, or those seeking rental income potential! Main Residence (3BR/2BA + Dining Room | 2.5 Floors) Step inside the beautifully updated main home featuring three spacious bedrooms and two full bathrooms. The layout includes a formal dining room, great for entertaining, and a well-appointed kitchen with ample cabinet space. A true showstopper, the private top-floor master suite boasts vaulted ceilings, a full en-suite bathroom, and elevated privacy--your perfect retreat after a long day. Second Unit (Furnished 1BR/1BA Apartment) Move-in ready and fully furnished, the second apartment is a charming one-bedroom, one-bath unit that offers cozy, modern living with great natural light. Great for short- or long-term rentals or a guest suite! Third Unit (Detached Efficiency | Private Entrance) Tucked away in the rear of the property, the efficiency apartment offers a smart layout with its own private entrance, making it great for rental or home office. The fenced-in backyard adds privacy and outdoor enjoyment for tenants or owners alike. There is a full lot next to the home that is included in the sale--a rare opportunity for added space or future development. Additional Highlights: * Two separate driveways - great off-street parking or tenant separation * Fully fenced backyard - great for pets, gardening, or entertaining * Turnkey income potential with three rentable units * Flexible use: live in one unit and rent the others! This unique property is a rare gem offering privacy and strong rental income potential. Schedule your showing today--opportunities like this don't last long! SELLER WILL NOT MAKE ANY REPAIRS - THIS HOME WILL BE SOLD AS-IS.

Office/Member/Contract Info

List AOR: NOMAR

Currently Not Used

Acreage Range: 0 - 0.5

Construction

Brick: 1

Foundation

Slab: 1

Exterior

Balcony: 1

Patio

Porch: 1

Roof

Composition: 1

Heating

Central: 1

Cooling

Central Air: 1

Fencing

Other: 1

Financing

Lease Purchase: 1 Owner Finance: 1

Tenant Pays

Electric: 1 Gas: 1 Water: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 56396853 Originating System Listing ID: 2534623 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 4820 Street Name: ELYSIAN FIELDS Avenue Parish: Orleans State: LA Zip Code: 70122 Tax Assessment Number: 37W505416 Directions: Bounding Streets: Mirabeau Ave. and Brutus St.

Property Features

Construction: Brick Foundation: Slab Roof: Composition Heating: Central Cooling: Central Air Exterior: Balcony Fencing: Other Tenant Pays: Electric; Gas; Water Financing: Lease Purchase; Owner Finance
Listing Office: Homesmart Realty South
IDX
Last Updated: February - 03 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.