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Executive Summary

Turnkey Investment Opportunity! Fully Occupied 4-Plex Producing $4,175 Per Month in Rental Income.
Looking to add immediate cash flow to your portfolio? This fully occupied fourplex is already generating $4,175 per month in rental income, allowing you to start earning from day one.
The property features four income-producing units with off-street parking, separate electric meters, and private outdoor space for select units. Several interiors have been updated with granite countertops, wood cabinetry, modern vanities, tile flooring, and spacious living areas. The functional townhouse floor plans, generous bedroom sizes, and 1.5 bathrooms in each unit make these very attractive to tenants.
With steady occupancy already in place, this property offers investors the opportunity to acquire a stabilized asset while exploring future upside through rental increases or continued property improvements.
Whether you're expanding your rental portfolio or purchasing your first multifamily investment, this fourplex is a strong opportunity to own an income-producing property with immediate returns.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $385,000
Price Per Unit $96,250
Sale Type Investment
No. Units 4
Property Type Multifamily
Building Size 3,600 SF
Average Occupancy 100%
No. Stories 2
Year Built 1991

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 4 - -
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 41141207

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 7820 Means Ave, New Orleans, LA 70127

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