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Property profile & analytics
FOR SALE
Quadplexes

2933 Pine St New Orleans, LA 70125

3,908 SF Built 1970
Individually Owned 5-yr Hold
Property ID
US36-0293080
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Quadplexes
Year built 1970
Total area 3,908 SF
UPID US36-0293080
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
James Chassee · 5 yrs held
James Chassee
since 2020
2 recorded transactions
2020
$470,000
2016
$470,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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