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Fourplex with Private Entrances
For Sale
$199,000

2424 Mistletoe St, New Orleans, LA 70118

Four rental units offer separate entrances and off-street parking.

Property Size2,340 SF
Price / SF$85.04
Days on Market22

Property Features for 2424 Mistletoe St

General Information

Standard status Active
Size 2,340 SF
Property subtype Residential Income

Additional Details

Gross Income $31,440
Public Transit Yes
Multifamily Units 4
Listing Agency: KELLER WILLIAMS REALTY 455-0100
Listed By: Angela Discon
Source: Exprealty
Added: Sep 20 Changed: Oct 10 Last Checked: Oct 10 at 2:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY 455-0100

Investment Insights

Based on property information with market context.

This 2,340-square-foot fourplex contains four tenant-occupied units, each with a private entrance. The units have hard-surface flooring, and off-street parking is available. The property has remained rented since 1999.

The property offers access to Ochsner, public transportation, and Lowe’s. Showings require 24 hours’ notice, and the sale is subject to court approval.

Key Highlights

  • Four units within a 2,340‑square‑foot building
  • Private entrance for each unit
  • No carpet in the units

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Nail Salon Computer & Electronic Repair

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

542
Businesses Nearby

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four rental units offer separate entrances and off-street parking.
Where is this quadplex located?
The property is located at 2424 Mistletoe St New Orleans, LA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Four units within a 2,340‑square‑foot building; Private entrance for each unit; No carpet in the units
More about this property
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