Sold
Address
1322 Arabella Street, New Orleans, LA
Price
$ 846,396
Property Attributes
  • MLS#2525577
  • TypeMulti-Family
  • Listing Status Sold
  • ParishORLEANS
  • CityNew Orleans
  • AreaUPTOWN
  • Zip70115
  • StyleVictorian
  • Price$ 846,396
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5119
Data Source:
Gulf South Real Estate Information Network
Property Description

RARE 4 PLEX UPTOWN GEM IN THE GOLDEN RECTANGLE! DOUBLE LOT 60 X 120! OWNER OCCUPY FRONT UNIT APT. A 3 BED 3 BATH VACANT ON DECEMBER 31ST, 2025 OR SOONER!

EXCEPTIONAL opportunity to own a beautifully maintained VICTORIAN 4-plex in one of Uptown’s most COVETED locations—right next door to Robert’s! 2-car driveway on EACH SIDE (first come, first served). STRONG rental income with a current RENT ROLL of $8,700/month ($104,400/year), with potential for higher returns. Perfect for INVESTORS or owner-occupants.

RECENT UPDATES include exterior paint (2019), general repairs (2024), Apt. C renovation (2021), and shed repaint (2020). The rear storage shed includes two washers and two dryers shared by the four units. Excellent condition and unbeatable location!

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 70115

Price
AVG $610K
$850K
Listed By
Charlotte Dorion with Berkshire Hathaway HomeServices Preferred, REALTOR - (504) 799-1702