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Four-Unit Cottage Multifamily Property
For Sale
$199,000

2424 MISTLETOE Street, New Orleans, LA 70118

Multi-Family, Cottage, New Orleans, LA

Property Size2,340 SF
Lot Size0.16 Acres
Price / SF$85.04
Days on Market14

Property Features for 2424 MISTLETOE Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street, Driveway
Lot features Regular
Standard status Active
APN 716306601
Size 2,340 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description SQ 333 LOT C PT D MISTLETOE 63 X 120
Legal Description SQ 333 LOT C PT D MISTLETOE 63 X 120

Utilities

Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 4
Roof type Shingle
Architectural style Cottage
Listing Agency: KELLER WILLIAMS REALTY 455-0100
Listed By: Angela Discon
Added: Sep 14 Changed: Sep 25 Last Checked: Sep 27 at 10:06PM
MLS# 2576612

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 2,340-square-foot fourplex was built in 1940 and features four separate units, each with a private entrance. The cottage-style property has no carpet, window-unit cooling, a shingle roof, public water service, and off-street parking with a driveway. The property is tenant occupied, and showings require 24 hours’ notice. Court approval is required.

The property is located in New Orleans, with access to Ochsner, public transportation, and Lowe’s. Its four-unit configuration and established tenant occupancy provide a clear multifamily operating profile, while the individual entrances support separation between units.

Key Highlights

  • Four separate units, each with its own private entrance
  • 2,340 square feet on a 0.1598‑acre lot
  • Tenant occupied; showings require 24 hours’ notice

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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Tenant-occupied fourplex with private entrances, off-street parking, and convenient access to transit and nearby commercial services.
Where is this quadplex located?
The property is located at 2424 MISTLETOE Street 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 separate units, each with its own private entrance; 2,340 square feet on a 0.1598‑acre lot; Tenant occupied; showings require 24 hours’ notice
More about this property
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