Search
Four-Unit Raised-Basement Property
For Sale
$275,000

3417 Franklin Ave, New Orleans, LA 70122

Four-unit residential property with three three-bedroom units and one two-bedroom unit, supported by city utilities.

Property Size3,440 SF
Lot Size0.08 Acres
Price / SF$79.94
Days on Market12

Property Features for 3417 Franklin Ave

General Information

Standard status Active
Size 3,440 SF
Lot size 0.08 Acres
Property subtype Multi-Family
Occupancy 50%

Units

Unit Mix 3 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Building Details

Year Built 1953
Construction wood frame
Listing Agency: Keller Williams Realty New Orleans
Listed By: David Ernst · License #995683148
Source: Fiorellaavenue
Added: Aug 21 Changed: Aug 28 Last Checked: Aug 31 at 6:52PM

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.

Located at 3417 Franklin Ave in New Orleans, this 3,440-square-foot fourplex was built in 1953 on a standard 30-by-120-foot lot. The raised-basement, wood-frame property contains four one-bath units: three with three bedrooms and one with two bedrooms. Two units are currently tenant-occupied.

The property is served by city water and sewer, with gas heat and window A/C in the units. Separate utility arrangements include two Entergy accounts, two gas accounts, and one water meter. The building is offered in as-is condition without warranty or representation.

Key Highlights

  • Four units: three 3‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
  • 3,440 SF raised‑basement, wood‑frame property built in 1953
  • Standard 30x120 lot at 3417 Franklin Ave, New Orleans, LA 70122

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Cafe & Coffee Shop

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
50%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 70122, LA

34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with three three-bedroom units and one two-bedroom unit, supported by city utilities.
Where is this quadplex located?
The property is located at 3417 Franklin Ave 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: Four units: three 3‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; 3,440 SF raised‑basement, wood‑frame property built in 1953; Standard 30x120 lot at 3417 Franklin Ave, New Orleans, LA 70122
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