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    7923 Forshey St New Orleans, LA 70125

    Sponsored
    For Sale
    $450,000

    4 Plex, Shot Gun - New Orleans, LA

    Property size:
    2,136 SF
    Days on Market:
    9
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 7923 Forshey St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    EntryLevel
    1
    Size
    2,136 SF

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    4
    Roof type
    Shingle
    Architectural style
    Other

    Century 21 J. Carter & Company (504) 810-2825 [email protected]

    Listing agent Spencer Rossie (504) 810-2825

    Listing date Dec 30, 2025

    MLS# 2529702 Listing URL

    Copyright © 2026 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

    Renovated Fourplex Near Carrollton

    This renovated four-unit property is located one block from Carrollton Avenue, near Costco, in New Orleans, Louisiana. Each unit is equipped with its own meter and washer/dryer. The property is situated in Flood Zone X. It generates $4,800 per month in rental income. The property, with a size of 2,136 square feet, is suitable for investors or individuals looking to occupy one unit and rent out the remaining units. The lot size is 0 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1123431
    Latitude
    29.9615128

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property near Carrollton, generating $4,800 monthly rental income.
    Where is this quadplex located?
    The property is located at 7923 Forshey St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - $4,800 per month rental income; - Renovated 4-unit property; - Each unit has its own meter and washer/dryer
    (985) 351-6667
    Request Owner's contact information
    7923 Forshey 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
    7923 Forshey St New Orleans, LA 70125
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