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3909 4Th St New Orleans, LA 70125

Quadplexes Google Maps
2,584 SF Built 1920
Estimated value
No estimation on file for this property yet.
Property ID US36-0668369

Property summary

AI-generated overview

4 PLEX in Hoffman Triangle. Collect rent while you add value. Upstairs units have high ceilings, lots of natural light and newer floors. 2 year old roof. 1 unit downstairs is currently leased. Convenient location. Rents for a 1 bed can be as high as $1,150/mo. Opportunity to buy a neighboring commercial building that used to be a bar/restaurant and renovated double exist as well to make a package deal and own the block. Call for details.

Property profile

Verified
Property type Quadplexes
Year built 1920
Total area 2,584 SF
UPID US36-0668369

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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