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    2933 Pine St New Orleans, LA 70125

    For Sale
    $615,000

    4 Plex, Shot Gun - New Orleans, LA

    Property size:
    3,908 SF
    Lot size:
    0.12 Acres
    Days on Market:
    338
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 2933 Pine St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Laundry
    Parking features
    Driveway
    Patio and Porch features
    Porch
    EntryLevel
    2
    Exterior features
    Balcony, Courtyard, Porch
    Size
    3,908 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    4
    Building materials
    Stucco, Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    eXp Realty, LLC (504) 513-3109 [email protected]

    Listing agent Karianne Chassee (504) 513-3109

    Listing date Jan 3, 2025

    MLS# 2473740 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Orleans 4-Plex Investment Opportunity

    Located in the Fountainbleau area of New Orleans, adjacent to Dominican High School, this two-story 4-plex at 2933 Pine Street presents an investment opportunity. The property features four units with a symmetrical layout. The two ground-floor shotgun units each include 2 bedrooms and 2 bathrooms, while the upper units mirror this configuration with one bathroom and a rear deck. All units are equipped with washer and dryer hookups and central HVAC systems. Renovations were completed around 2015, with hardwood floors added to the lower units in 2018. The property is currently fully rented, generating income with the highest rent at $1,450 per month. One unit includes off-street parking for one car. The property may be eligible for 3.5% down financing through FHA. The seller is offering potential financing via a bond for deed. The property size is 3,908 square feet on a 0.116-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.112176
    Latitude
    29.957143

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    FAQs

    What type of property is this?
    Quadplex - Two-story 4-plex in Fountainbleau area, New Orleans. Fully rented.
    Where is this quadplex located?
    The property is located at 2933 Pine St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - Four-unit property (4-plex) generating stable rental income, with the highest rent at $1,450 per month.; - Potential for owner-occupancy with rental income from other units covering the mortgage.; - Possible financing options: 3.5% down through FHA or bond for deed with attractive terms from the seller.
    (504) 513-3109
    Request Owner's contact information
    2933 Pine St New Orleans, LA 70125
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    New Orleans, LA 70125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2933 Pine St New Orleans, LA 70125
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