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  • Price cut: $20K (6/26)
    $339,000

    4120-24 Erato St, New Orleans, LA 70125

    6beds
    2,250sqft
    : 
    Duplex, Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $151/sqft
    $-- HOA

    What's special

    Off-street parkingModern finishes
    Turnkey Investment Opportunity in the Heart of New Orleans! Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike. Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential. Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking — all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living. Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find. Schedule your private showing today and secure this exceptional opportunity before it’s gone!
    49 days
    on Zillow
    |
    55
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 26, 2025 at 01:00pm

    Listed by:

    Brandin Learson 504-319-4734,

    Branding Realty LLC 504-319-4734

    Source: GSREIN,MLS#: 2507718MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4120-24 Erato St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: ENERGY STAR Qualified Appliances
    • Laundry: Laundry Room
    Features
    • Windows: Screens
    Interior area
    • Total interior livable area: 2,250 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 6,496 Square Feet
    • Dimensions: 58' x 112' 10"
    • Features: City Lot, Rectangular Lot
    Details
    • Parcel number: 4120ERATOST
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Very Good Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Appliances, Lighting, Water Heater

    Community & HOA

    HOA
    • HOA name: Nomar
    Location
    • Region: New Orleans

    Financial & listing details

    • Price per square foot: $151/sqft
    • Date on market: 6/18/2025
    • Tenant pays: Electricity, Water
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