4516 Pitt St New Orleans, LA 70115
- Apartment buildings
- 3,612 SF
Current Use by Public Records
- Apartment buildings
Property Details for 4516 Pitt St
- Year built
- 1938
- Property size
- 3,612 SF
- Property type
- Apartment buildings
Description
Exceptional investment opportunity: a beautifully renovated duplex in the heart of Uptown New Orleans, just one block from St. Charles Avenue, the streetcar line, and vibrant local businesses. This 3,612 square foot property, built in 1938 and extensively renovated in 2020, boasts two units, each offering approximately 1,806 square feet of living space. Each unit features three bedrooms and two bathrooms, showcasing spacious open-plan living and dining areas, gleaming hardwood floors, abundant natural light, and updated kitchens and bathrooms. The primary bedroom in each unit includes an ensuite bathroom. Additional features include off-street parking for one vehicle, a large shed, and a charming backyard. The property sits on a 3,150 square foot lot and benefits from a new roof installed in 2020-2021. The land value is $225.64 per square foot. This property is zoned HU-RD2 and is being offered at $815,000, representing $407,500 per unit. Cash purchase is required. This is a rare chance to own a meticulously maintained multifamily property in a highly desirable Uptown location. The property's proximity to St. Charles Avenue, the parade route, and the streetcar provides unparalleled convenience and access to the area's rich cultural offerings and amenities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans Parish
- State
- Louisiana
- Longitude
- -90.1039
- Latitude
- 29.9256
