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    4639 S Carrollton Ave New Orleans, LA 70119

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    For Sale
    $1,000,000

    Income-producing mixed-use property in the heart of Mid-City.

    Lot size:
    0.11 Acres

    Property Features for 4639 S Carrollton Ave

    General Information

    Lot size
    0.11 Acres

    Source: Joe Gardner, IV Agent Joe Gardner, IV

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mid-City Mixed-Use Investment Property

    This mixed-use investment property is located in the heart of Mid-City. The building at 4639 & 4641 S. Carrollton Avenue features the established Monkey Monkey Coffee & Tea shop on the ground floor, with residential apartments on the second floor. The adjacent building at 4110 & 4116 Cleveland Avenue consists of apartments on both floors. The property is situated in the vicinity of Mid-City Market, Rouses Market, Jesuit High School, Airline Drive, and Interstate 10.
    Insight Report Location Intelligence

    Current Use by Public Records

    Coffee shops

    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
    -90.1018795
    Latitude
    29.9737045

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    FAQs

    What type of property is this?
    Mixed-use property - Income-producing mixed-use property in the heart of Mid-City.
    Where is this mixed-use property located?
    The property is located at 4639 S Carrollton Ave New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Income-producing investment property; - Located in the heart of Mid-City; - Mixed-use property with commercial and residential units
    Request Owner's contact information
    4639 S Carrollton Ave New Orleans, LA 70119
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    New Orleans, LA 70119
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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
    4639 S Carrollton Ave New Orleans, LA 70119
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