River Ridge Office 9531 Jefferson Highway River Ridge, LA 70123 504.737.8454

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River Ridge Office 9531 Jefferson Highway River Ridge, LA 70123 504.737.8454
$850,000 New For Sale

4532-34 Orleans Avenue
New Orleans, LA 70119

Multi Family Home - MLS# 2548420
Property Photo
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Description

Mid-City income-producing triplex featuring a large owner's unit plus two renovated rental units generating strong cash flow.

The property includes a 2,244 SF primary unit with 4 beds/3 baths, offering flexibility for owner-occupancy or additional rental potential.

A previous renovation (approx. 8 years ago) updated electrical, plumbing, HVAC, kitchens, and baths, with more recent improvements including Hardie board siding and a 2022 roof.

Two rental units are fully renovated and currently generating $4,400/month combined–Upper unit: 2 bed / 2 bath / $2,400/month; Lower unit with 7' ceilings: 2 bed / 1 bath / $2,000/month.

Rear parking for two vehicles accessible via St. Peter St + outdoor storage room.

Prime Mid-City location one block from City Park, near Bayou St. John and the Carrollton corridor, with strong rental demand drivers. Unique added value: Property sits directly on the Endymion parade route!

Features

  • Property Type: Multi Family Home
  • Sub Type: Triplex
  • Listing Status: Active
  • County/Area: Orleans Parish
  • Zip Code: 70119
  • Year Built: 1927
  • Sq.Ft.: 4,488 sq ft
  • Stories: 2 Story
  • Bedrooms: 8
  • Full Baths: 6
  • Baths: 6
  • Additional Sub Type: Triplex
  • Building Area Source: Measured
  • Construction Materials: Hardiplank Type, Stucco
  • Cooling: Central Air, Ductless, Wall Unit(S)
  • Cooling YN: Yes
  • Foundation Details: Slab
  • Heating: Central, Ductless, Wall Furnace
  • Heating YN: Yes
  • Laundry Features: In Unit
  • Living Area Source: Measured
  • Lot Dimensions: 35x114
  • Lot Features: City Lot, Rectangular Lot
  • Main Type: Residential Income
  • Number Of Units Total: 3
  • Owner Pays: Electricity, Gas, Water
  • Parking Features: Two Spaces
  • Postal City: New Orleans
  • Property Condition: Excellent
  • Roof: Asphalt, Shingle
  • Sewer: Public Sewer
  • Total Stories: 2
  • Water Source: Public
Listing Courtesy of Compass Garden District (Latt18)
Source: Gulf South Real Estate Information Network, Inc.
Rob Norton
Riverside Realty, Inc.

9531 Jefferson Hwy
River Ridge, LA 70123
Phone: 504-453-5165
Email: rob@rnortonrealtor.com

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