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Fourplex Income Property

3417 Franklin Avenue New Orleans, LA 70122

3417 Franklin Avenue, New Orleans, LA, 70122
$275,000
For Sale
$275,000

Four-unit raised basement wood-frame fourplex on a 30-by-120 lot with gas heat and window A/C.

Property Size3,440 SF
Lot Size0.08 Acres
Price / SF$79.94
Days on Market29

Property Features for 3417 Franklin Avenue

General Information

Standard status
Active
Size
3,440 SF
Lot size
0.08 Acres
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Listing agency Keller Williams Realty New Orleans
Listed by David Ernst · License #995683148
Source Compass
Added: Jun 24 Updated: Jul 21 at 1:27PM Checked: Jul 21 at 1:27PM

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 New Orleans


Investment Insights

Based on property information with market context.

This fourplex offers four income-producing units in a raised basement wood-frame structure with hardy construction on a standard 30x120 lot. The unit mix includes three 3-bedroom, 1-bath apartments and one 2-bedroom, 1-bath apartment. Building systems include gas heat and window A/C, with city water and sewer service. Two of the four units are currently tenant-occupied.

Utilities information provided includes two Entergy accounts totaling approximately $500 per month combined, two gas accounts totaling approximately $150 per month combined, and one water meter totaling approximately $270 per month. The property is being sold as-is, with no warranty or representation, and all measurements are approximate and not guaranteed.

Key Highlights

  • Income‑producing 4‑plex with 4 total units: three 3BR/1BA units and one 2BR/1BA unit
  • 2 units currently tenant‑occupied
  • 2‑story raised basement wood‑frame construction on a standard 30x120 lot

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Cafe & Coffee Shop Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tech Support Center

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

FAQs

What type of property is this?
Quadplex - Four-unit raised basement wood-frame fourplex on a 30-by-120 lot with gas heat and window A/C.
Where is this quadplex located?
The property is located at 3417 Franklin Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Income‑producing 4‑plex with 4 total units: three 3BR/1BA units and one 2BR/1BA unit; 2 units currently tenant‑occupied; 2‑story raised basement wood‑frame construction on a standard 30x120 lot
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