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Historic Fourplex
For Sale
$330,000

514 SORAPARU Street, New Orleans, LA 70130

Multi-Family, Traditional, New Orleans, LA

Property Size2,903 SF
Lot Size0.09 Acres
Price / SF$113.68
Days on Market8

Property Features for 514 SORAPARU Street

General Information

Property type Residential Multi Family
Property subtype Other
Lot features Regular
Subdivision Irish Channel
Standard status Active
APN 411103126
Size 2,903 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description SQ 46 LOT 94 SORAPARU 30X130 OVER 128 4/PLEX 514-16 SORPARU ST FILE #13395 INCL. 516 SORAPARU, APT A
Legal Description SQ 46 LOT 94 SORAPARU 30X130 OVER 128 4/PLEX 514-16 SORPARU ST FILE #13395 INCL. 516 SORAPARU, APT A

Utilities

Heating system Natural Gas
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Katrell Ambrose · License #370530
Added: Sep 29 Last Checked: Oct 6 at 1:06AM
MLS# 2579322

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 2,903-square-foot fourplex was built in 1920 and is vacant. Extensive work is needed inside and out, and the property is being offered in its current condition. The lot contains 0.0888 acres, with additional depth extending past the chain-link fence.

The structure carries contributing status in the Irish Channel Local and National Register Historic Districts. Located at 514 Soraparu Street in New Orleans, the property has a shingle roof, natural gas heating, and public water service.

Key Highlights

  • Fourplex with 2,903 square feet on a 0.0888‑acre lot
  • Built in 1920; vacant and in need of extensive interior and exterior rehabilitation
  • Contributing‑rated structure in the Irish Channel Local and National Register Historic Districts

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Spa & Massage Center Acupuncture Daycare Center 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

1,393
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The vacant residence requires substantial interior and exterior renovation.
Where is this quadplex located?
The property is located at 514 SORAPARU Street New Orleans, LA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Fourplex with 2,903 square feet on a 0.0888‑acre lot; Built in 1920; vacant and in need of extensive interior and exterior rehabilitation; Contributing‑rated structure in the Irish Channel Local and National Register Historic Districts
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