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$499,000

For Sale

A day ago

MLS® 2547919

5 Bed

4 Bath

2732 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2732 sqft
Garage No
Taxes 
Days Active 1
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $182
MLS® Number 2547919

Property Address: 4516 Banks St, New Orleans, LA, 70119-6603

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

Description

Located on a quiet block in the heart of Mid-City, this classic raised fourplex combines historic charm, modern updates, and strong investment potential. The property features two units upstairs and two units downstairs, each with its own private entrance, creating a versatile setup for a variety of rental strategies. The upper right unit is spacious and filled with natural light, while the upstairs studio offers flexible living space. Of the two downstairs units, one has been fully renovated with updated finishes and a functional, efficient layout. Original architectural details, including high ceilings, transom windows, and period millwork, add to the property’s character while blending seamlessly with modern updates. Additional highlights include off-street parking, garage access, and a shared courtyard space. Its prime Mid-City location provides easy access to City Park, the Canal Street streetcar, and nearby restaurants, shops, and entertainment. This property presents an opportunity to own a versatile multi-unit investment with excellent rental income potential.
MLS® Number2547919
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1920
Basement
DrivewayDriveway, One Space
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Basement12 × 12 ft
Dining Room:First Floor12.25 × 20.75 ft
Other:Basement5 × 10.17 ft
Bedroom 1:Basement10.25 × 12.5 ft
Living Room:Basement12.25 × 13.34 ft
Kitchen:Basement8.42 × 9.75 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
4516 Banks St, New Orleans, LA

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