USALANew Orleans1724 Fern St
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$399,000

Pending

7 months ago

1724 Fern St, New Orleans, LA

MLS® 2516382

6 Bed

4 Bath

3280 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3280 sqft
Garage No
Taxes 
Lot Size 0.0737 acres
Approx. Age 1925
Avg. Price Per Sqft $121
MLS® Number 2516382

Property Address: 1724 Fern St, New Orleans, LA, 70118-4109

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity—4-plexes seldomly come to the market in the Carrollton area. Located in an X flood zone, this property offers reduced flood insurance costs and peace of mind in a highly sought-after neighborhood. The upstairs features two turnkey, renovated, and rented 2-bed, 1-bath units with wood floors, high ceilings, decorative fireplace mantles (non-functional), and window units providing both AC and heat. There is no central AC throughout the property. All are shotgun style homes. The roof and all water heaters were replaced in 2023. The property has separate electrical meters for each unit, a single water meter, and a full electrical upgrade completed in 2002. Each unit has its own washer/dryer space with storage, plus access to a shared backyard. All four units are currently rented, providing consistent income. The two downstairs 1-bed, 1-bath units are well below market rent and present a clear value-add opportunity—good for an investor looking to increase returns over time. This property could also be a great option for an owner-occupant: live in one unit and let the other three help cover the mortgage. Just steps from Carrollton Avenue, the St. Charles streetcar line, shops, restaurants, and both Tulane and Loyola Universities, this property blends steady cash flow, classic New Orleans architecture, and strong upside potential—a rare find in one of the city’s most desirable neighborhoods.
MLS® Number2516382
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0737
Exterior
GarageNo
Approx. Age1925
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Aug 12, 2025List Date
$399,000List Price
  • Commute

Commute

Starting Address
Destination Address
1724 Fern St, New Orleans, LA

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