Back to Search
Cash-Flowing Fourplex with Yard

920 VALLETTE Street New Orleans, LA 70114

920 VALLETTE Street, New Orleans, LA, 70114
$179,000
For Sale
$179,000

MULTI_FAMILY - New Orleans, LA

Property Size2,400 SF
Price / SF$74.58
Days on Market48

Property Features for 920 VALLETTE Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Porch
Exterior features
Fence, Porch
Fencing
Fenced
Standard status
Active
Size
2,400 SF

Utilities

Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1950
Floors in Building
1
Number of units
4
Architectural style
Other
Listing agency KELLER WILLIAMS REALTY 455-0100
Listed by Jennifer Blanchard · License #76636
Added: Jun 5 Updated: Jul 7 at 1:02PM Checked: Jul 22 at 3:06PM
MLS# 2561396

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.

This for-sale fourplex offers four separate 1-bedroom, 1-bathroom units within a single residential income property. The listing notes historically high occupancy and long-term tenant stability. The site includes a massive yard, providing outdoor space for tenants and adding usable area beyond the unit interiors. The property is described as being in a preferred X flood zone.

Located at 920 Vallette Street in New Orleans, in the Algiers Point area, the building is positioned for investors seeking a rental-focused asset in a “highly desirable” part of the city as characterized by the listing. The total reported monthly rent is $4,417 across the four units. Tenants are currently in place, and the listing instructs not to disturb them.

For investors and operators looking for a turnkey multi-family hold, this configuration supports an income-producing strategy centered on four consistent 1-bedroom layouts. The presence of a large yard and the preferred X flood zone designation may be particularly relevant for tenant comfort and risk considerations. With ongoing occupancy described in the listing, prospective buyers should plan for standard due diligence around rent rolls and lease terms before pursuing an offer.

Key Highlights

  • Fourplex in the Algiers Point area with four 1‑bedroom, 1‑bath units
  • Total monthly rent of $4,417 reported in the listing
  • Preferred X flood zone

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Building Supply Hair Salon Big Box & Wholesale Store Accounting Firm HVAC Service (Bike/Boat/Book/etc) Store Garden Center

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

FAQs

What type of property is this?
Quadplex - Four unit residential income property with 1-bed/1-bath layouts, a large yard, and preferred X flood zone status.
Where is this quadplex located?
The property is located at 920 VALLETTE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Fourplex in the Algiers Point area with four 1‑bedroom, 1‑bath units; Total monthly rent of $4,417 reported in the listing; Preferred X flood zone
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message