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.
Listed By
Agency Name: Crane Realtors
Agency Phone: (504) 210-2014
Shown By
Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050
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4516 Banks Street, New Orleans, LA 70119.
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4516 Banks Street, New Orleans, LA 70119.
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4516 Banks Street | MLS# 2547919
This multi-family property located at 4516 Banks Street, New Orleans, LA 70119 is currently listed for sale with an asking price of $499,000. Search New Orleans real estate on www.riccire.com today.