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Quadplex with Large Garage
For Sale
$475,000

421 S LOPEZ Street, New Orleans, LA 70119

Multi-Family, Traditional, New Orleans, LA

Property Size3,875 SF
Lot Size0.12 Acres
Price / SF$122.58
Days on Market16

Property Features for 421 S LOPEZ Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street
Exterior features Fence
Fencing Fenced
Lot features Oversized
Standard status Active
APN 105205611
Size 3,875 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description SQ 661 LOT 10 LOPEZ 34'6" X 153'11"
Legal Description SQ 661 LOT 10 LOPEZ 34'6" X 153'11"

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

secure interior common entrance and lobby
yard
garage

Building Details

Year built 2006
Floors in Building 2
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: REVE, REALTORS
Listed By: Gabriella Francescon · License #995706223
Added: Aug 19 Last Checked: Sep 3 at 11:06AM
MLS# 2565781

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 421 S LOPEZ Street in New Orleans, this 3,875-square-foot quadplex contains four separate residential units. Three units are occupied, while the fourth is vacant, providing flexibility for continued leasing or owner occupancy. Built in 2006, the property has central heating and central air, a shingle roof replaced in 2025, and a secure interior common entrance with a lobby.

The 0.1219-acre parcel includes a fenced yard, off-street parking, and a large garage with storage and workspace. Public water serves the property. The building is in Mid-City near Banks Street and close to Finn McCool's, Holy Ground, Trader Joe's, The Station Coffee Shop & Bakery, Bayou St. John, the Crescent City Farmers Market, and the Lafitte Greenway.

Key Highlights

  • Four separate residential units, with three occupied and one vacant
  • 3,875‑square‑foot quadplex on a 0.1219‑acre parcel
  • Large garage provides storage and workspace

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Daycare Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,348
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separate units include three occupied residences, a vacant unit, and shared interior access.
Where is this quadplex located?
The property is located at 421 S LOPEZ Street New Orleans, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four separate residential units, with three occupied and one vacant; 3,875‑square‑foot quadplex on a 0.1219‑acre parcel; Large garage provides storage and workspace
More about this property
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