4917 PAINTERS Street, New Orleans, LA 70122
MULTI_FAMILY - New Orleans, LA
- Added:
- Jun 17, 2026
- Days on Market:
- 21
- Last Refresh:
- Jul 7 at 4:06 am
Property Features for 4917 PAINTERS Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway
- Standard status
- Active
- APN
- 38W405320
- Size
- 3,372 SF
Taxes and HOA fees
- Tax Description
- 1. GENTILLY TERRACE SQ 52 LOTS 2. 41 42 PAINTERS 50X119 3. HI-LO DBLE/FR 13/RM 2 GARAGE
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Clare Folson License #995689817 (337) 522-7554
Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA (337) 522-7554
Listing date Jun 17, 2026
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.
HighLights
- Renovated 1930 camelback double with Craftsman woodwork, arched openings, plaster walls, and hardwood floors
- Each unit features 3 private bedrooms and 2 bathrooms, with a layout designed for more space and privacy than a shotgun configuration
- Downstairs flex space off the kitchen with an en‑suite bath, closets, and laundry area (currently used as a primary suite; could serve other uses)
- Two‑year‑old roof plus central heating and central air conditioning
- Private driveways with off‑street parking for up to three vehicles per side, or for boat and trailer parking
Overview
Set among tree-lined boulevards in Gentilly Terrace & Gardens, the property is about one block from Audubon Elementary and a neighborhood park. The home is served by private driveways that accommodate up to three vehicles per side, or boat and trailer parking, offering a practical convenience that is uncommon in the area.
The unit-by-unit bedroom and bathroom design supports rental income while maintaining privacy for occupants. The flexible downstairs space can also fit owner-occupants, multigenerational households, or group purchases that need adaptable room configurations beyond standard bedroom plans. With updated major systems and preserved character features, the property is positioned for tenants and buyers seeking a renovated income property with real livability.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.6k | $16.20 |
| − Vacancy | −$4.7k | −$1.40 |
| EGI | $49.9k | $14.80 |
| − OpEx | −$15.0k | −$4.44 |
| NOI | $34.9k | $10.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.052394
- Latitude
- 30.009204