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New Orleans Four-Unit Income Property
For Sale
$350,000

906 VERRET Street, New Orleans, LA 70114

MULTI_FAMILY - New Orleans, LA

Property Size4,339 SF
Lot Size0.09 Acres
Price / SF$80.66
Days on Market167

Property Features for 906 VERRET Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Driveway
Patio and Porch features Porch
Exterior features Porch
Lot features Regular
Standard status Active
APN 513205402
Size 4,339 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description SQ 157 LOT 2 32 X 129/126 904/906 VERRET
Legal Description SQ 157 LOT 2 32 X 129/126 904/906 VERRET

Utilities

Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1966
Floors in Building 2
Number of units 4
Roof type Shingle
Listing Agency: Keller Williams Realty Services
Listed By: Gregg Tepper · License #995700267
Added: Feb 13 Changed: Apr 27 Last Checked: Jul 30 at 6:06PM
MLS# 2542990

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 four-unit property in New Orleans presents an opportunity for income generation. Each unit includes 2 bedrooms and 1 bathroom, totaling 8 bedrooms and 4 bathrooms across the building. The property offers cash flow opportunities and diversified income streams. An upstairs porch adds character and potential outdoor living space. The property showcases classic New Orleans architecture. One unit is renovated and occupied, two units are ready for occupancy, and one requires minor improvements. With selective improvements, there is potential to increase rental rates and property appreciation. The property is situated on a lot of 0.0937 acres and the building size is 4339 square feet. The property is located in New Orleans, LA 70114.

Key Highlights

  • Strong income potential with four separate rental units.
  • Each unit has 2 bedrooms and 1 bathroom (8 bedrooms, 4 bathrooms total).
  • One unit is renovated and occupied, two units ready for occupancy.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Hair Salon (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby

Demographics for 70114, LA

23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
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 - Charming four-unit property in New Orleans with income potential.
Where is this quadplex located?
The property is located at 906 VERRET Street New Orleans, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Strong income potential with four separate rental units.; Each unit has 2 bedrooms and 1 bathroom (8 bedrooms, 4 bathrooms total).; One unit is renovated and occupied, two units ready for occupancy.
More about this property
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