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Quadplex with Garage
New
For Sale
$475,000

421 S LOPEZ Street, New Orleans, LA 70119

Multi-Family, Traditional, New Orleans, LA

Property Size3,875 SF
Lot Size0.12 Acres
Price / SF$122.58
Days on Market4

Property Features for 421 S LOPEZ Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Off Street
Exterior features Fence
Fencing Fenced
Lot features Oversized
Standard status Active
APN 105205611
Size 3,875 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description SQ 661 LOT 10 LOPEZ 34'6" X 153'11"
Legal Description SQ 661 LOT 10 LOPEZ 34'6" X 153'11"

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

secure interior common entrance and lobby
yard

Building Details

Year built 2006
Floors in Building 2
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: REVE, REALTORS
Listed By: Gabriella Francescon · License #995706223
Added: Aug 19 Last Checked: Aug 22 at 5:06PM
MLS# 2565781

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.

Built in 2006, this 3,875-square-foot quadplex contains four separate residential units, with three currently occupied and one vacant. The building includes central heating and cooling, a secure interior common entry with lobby, and a new shingle roof installed in 2025. A large garage adds enclosed storage and workspace, while the fenced yard provides substantial outdoor area. Off-street parking and public water service are also in place.

Located at 421 S Lopez Street in New Orleans’ Mid-City area, the property sits just off Banks Street and near restaurants, bars, coffee shops, Trader Joe’s, Bayou St. John, the Crescent City Farmers Market, and the Lafitte Greenway. Its central setting places neighborhood conveniences and cycling access within the surrounding area.

Key Highlights

  • Four separate units; three are occupied and one is vacant
  • 3,875 square feet on a 0.1219‑acre lot
  • New shingle roof installed in 2025

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Daycare Center Garden Center

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
75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,348
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value

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 - Four-unit residential property with central air, a fenced yard, and off-street parking near Mid-City amenities.
Where is this quadplex located?
The property is located at 421 S LOPEZ Street New Orleans, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four separate units; three are occupied and one is vacant; 3,875 square feet on a 0.1219‑acre lot; New shingle roof installed in 2025
More about this property
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