7820 MEANS Avenue, New Orleans, LA 70127
$385,000
Property Type:
MultiFamily
Square Footage:
3,600
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$385,000
List Date:
6/24/2026
Last Modified:
6/26/2026
Overview
Description
...
(Read more)
Turnkey Investment Opportunity! Fully Occupied 4-Plex Producing $4,175 Per Month in Rental Income.
Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one.
The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants.
With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements.
Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns.
Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one.
The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants.
With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements.
Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns.
Listing Details MLS# NO2564664
Listing Info
- Delayed Marketing
- No
- Listing Price
- 385000
- List Price/SqFt
- 106.94
- Document Modified
- 2026-06-25 16:54:09.601473
- Modification Timestamp
- 2026-06-26T01:42:11Z
- Photo Modified
- 2026-06-25T21:49:08Z
Location Tax Legal Info
- Street Number
- 7820
- Street Name
- MEANS Avenue
- Parish
- Orleans
- State
- LA
- Zip Code
- 70127
- Tax Assessment Number
- 39W000224
- Directions
- Bounding Streets: Read Blvd, Hayne Blvd
General Property Description
- Number of Units
- 4
- Stories
- 2
- SqFt - Total
- 3600
- SqFt - Source
- Measured
- Lot Dimensions
- 40 x 100
- Acres
- 0.09
Currently Not Used
- Acreage Range
- 0 - 0.5
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 58886598
- Originating System Listing ID
- 2564664
- Originating System Name
- ROAM Matrix
Location, Tax & Legal Info
- Legal Desc
- SQ 2 VILLA SITES LOT 29 40 X 100 MEANS AV FOURPLEX/BRICK 2/STORY
More Information
Remarks & Misc
- Remarks
- Turnkey Investment Opportunity! Fully Occupied 4-Plex Producing $4,175 Per Month in Rental Income. <br><br> Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one. <br><br> The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants. <br><br> With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements. <br><br> Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns. <br>
Office/Member/Contract Info
- List AOR
- NOMAR
Parking
- Assigned
- Yes
- Parking Lot
- Yes
Construction
- Brick
- Yes
Foundation
- Slab
- Yes
Roof
- Composition
- Yes
Heating
- Central
- Yes
Cooling
- Central Air
- Yes
Owner Pays
- Water
- Yes
Tenant Pays
- Electric
- Yes
Property Features
Parking:
Assigned; Parking Lot
Construction:
Brick
Foundation:
Slab
Roof:
Composition
Heating:
Central
Cooling:
Central Air
Owner Pays:
Water
Tenant Pays:
Electric
IDX
Listing Office:
Compass Uptown
Last Updated: June - 26 - 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.

Lead Paint Disclosure ›