4120 24 Erato Street, New Orleans, LA 70125
Local realty services provided by:ERA Sarver Real Estate
4120 24 Erato Street,New Orleans, LA 70125
$319,000
- 6 Beds
- 4 Baths
- 2,250 sq. ft.
- Multi-family
- Active
Listed by:brandin learson
Office:branding realty llc.
MLS#:2507718
Source:LA_GSREIN
Price summary
- Price:$319,000
- Price per sq. ft.:$141.78
About this home
Turnkey Investment Opportunity in the Heart of New Orleans!
Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike.
Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential.
Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking — all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living.
Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find.
Schedule your private showing today and secure this exceptional opportunity before it’s gone!
Contact an agent
Home facts
- Year built:1970
- Listing ID #:2507718
- Added:98 day(s) ago
- Updated:September 25, 2025 at 03:33 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,250 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:1970
- Building area:2,250 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$319,000
- Price per sq. ft.:$141.78
New listings near 4120 24 Erato Street
- New
$140,000Active4 beds 2 baths1,482 sq. ft.8801-03 Belfast Street, New Orleans, LA 70118
MLS# 2522294Listed by: KELLER WILLIAMS REALTY NEW ORLEANS - New
$125,000Active4 beds 2 baths1,900 sq. ft.2615 26 Saint Ann Street, New Orleans, LA 70119
MLS# 2522967Listed by: RAYFORD REALTY NOLA LLC - New
$315,000Active3 beds 2 baths1,492 sq. ft.4234 Cadiz Street, New Orleans, LA 70125
MLS# 2523263Listed by: LATTER & BLUM (LATT07) - New
$298,500Active4 beds 2 baths1,800 sq. ft.2626 28 Acacia Street, New Orleans, LA 70122
MLS# 2523292Listed by: RE/MAX AFFILIATES - New
$325,000Active1 beds 1 baths535 sq. ft.933 Orleans Street #1, New Orleans, LA 70116
MLS# 2523382Listed by: LATTER & BLUM (LATT09) - New
$250,000Active3 beds 2 baths1,340 sq. ft.9126 Dixon Street, New Orleans, LA 70118
MLS# 2521966Listed by: RAYMOND REAL ESTATE LLC - New
$60,000Active4 beds 1 baths1,036 sq. ft.1314 Lamanche Street, New Orleans, LA 70117
MLS# 2522698Listed by: PORCH LIGHT REALTY - New
$50,000Active0 Acres3033 Eagle Street, New Orleans, LA 70118
MLS# 2523287Listed by: REALTY ONE GROUP IMMOBILIA - New
$50,000Active0 Acres3037 Eagle Street, New Orleans, LA 70118
MLS# 2523297Listed by: REALTY ONE GROUP IMMOBILIA - Open Sat, 11am to 1pmNew
$565,000Active2 beds 2 baths1,860 sq. ft.1023 Bartholomew Street, New Orleans, LA 70117
MLS# 2522280Listed by: FQR REALTORS
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.