Updated Fourplex with Townhouse
For Sale
$349,999
7820 Means Avenue, New Orleans, LA 70127
Fully occupied multifamily property with separately metered units, off-street parking, and select private outdoor areas.
Property Size3,600 SF
Price / SF$97.22
Days on Market121
Property Features for 7820 Means Avenue
General Information
Standard status
Active
Size
3,600 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Occupancy
100%
Additional Details
Gross Income
$50,100
Utilities to Site
Yes
Multifamily Units
4
Amenities
off-street parking
separate electric meters
Central Air
Central
1
4
8
Asphalt
2
Slab: Traditional
Brick
Building Details
Year Built
1991
Buildings
1
Listing Agency:
Compass
Listed By:
Melissa Mcclendon · License #995704113
(504) 417-5131
Source:
Compass
Added: Jun 21
Changed: Oct 16
Last Checked: Oct 16 at 11:29AM
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 Compass
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Investment Insights
Based on property information with market context.
This 3,600-square-foot quadplex at 7820 Means Avenue in New Orleans contains four occupied units with townhouse-style floor plans. Each residence includes 1.5 bathrooms, generous bedroom sizes, and spacious living areas. Select units offer private outdoor space, while off-street parking serves the property. Separate electric meters support individual utility accounting.
Several interiors have received improvements including granite countertops, wood cabinetry, modern vanities, and tile flooring. Built in 1991, the property also includes central air and a brick exterior. The four-unit configuration provides a clearly defined multifamily asset with existing occupancy and updated features across several residences.
Several interiors have received improvements including granite countertops, wood cabinetry, modern vanities, and tile flooring. Built in 1991, the property also includes central air and a brick exterior. The four-unit configuration provides a clearly defined multifamily asset with existing occupancy and updated features across several residences.
Key Highlights
- Fourplex with 4 occupied units
- 3,600 square feet built in 1991
- Each unit includes 1.5 bathrooms
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 70127, LA
24,332
Population
10,719
Households
2.3
Avg Household Size
35
Median Age
25%
College-Educated
86%
High-School Grad
5.5 sq mi
ZIP Area
4,424
Density / Sq Mi
$41,548
Median Household Income
$30,817
Median Earnings
$1,060
Median Rent
$191,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied multifamily property with separately metered units, off-street parking, and select private outdoor areas.
Where is this quadplex located?
The property is located at 7820 Means Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Fourplex with 4 occupied units; 3,600 square feet built in 1991; Each unit includes 1.5 bathrooms
