2933 Pine St New Orleans, LA 70125
For Sale
1 / 16
Two-story 4-plex situated in the Fountainbleau area of New Orleans, right next to the esteemed Dominican High School. This property presents a great opportunity for investors. Listed by its owner/agent. The two ground-floor shotgun units feature 2 bedrooms and 2 bathrooms each, while the upper shotgun units mirror this configuration with one bath and a rear deck. All units boast modern conveniences, including washer and dryer hookups and central HVAC systems. Recent updates include a substantial renovation around 2015 and the addition of hardwood floors in the lower units in 2018. Additionally, 2 of the 4 HVAC units were replaced in 2025 from Keefe's HVAC, and the rear deck was completely rebuilt in 2026. Currently, 3 of the 4 units are rented. One unit comes with off-street parking for one car. A detailed rent roll is available to prospective buyers. For investors looking to maximize their leverage, this property may be eligible for 3.5% down financing through FHA. Alternatively, you might choose to occupy one unit yourself and "house hack" with the rental income from the other three to cover your mortgage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.