4516 Banks Street, New Orleans, LA 70119
Local realty services provided by:ERA Sarver Real Estate
Listed by: aaron dare
Office: crane realtors
MLS#:2519156
Source:LA_GSREIN
Price summary
- Price:$545,000
- Price per sq. ft.:$199.49
About this home
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.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:2519156
- Added:163 day(s) ago
- Updated:February 14, 2026 at 04:09 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,732 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Heating, Window Unit
Structure and exterior
- Roof:Slate
- Year built:1920
- Building area:2,732 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$545,000
- Price per sq. ft.:$199.49
New listings near 4516 Banks Street
- New
$300,000Active4 beds 4 baths2,289 sq. ft.11259 Old Spanish Trail, New Orleans, LA 70128
MLS# 2540168Listed by: NOLA LIVING REALTY - New
$534,000Active2 beds 6 baths2,776 sq. ft.435 Newton Street, New Orleans, LA 70114
MLS# 2543107Listed by: SNAP REALTY - New
$77,000Active4 beds 2 baths1,381 sq. ft.13151 Cherbourg Street, New Orleans, LA 70129
MLS# 2542858Listed by: COMPOSITE REALTY GROUP, LLC - New
$569,000Active3 beds 3 baths1,650 sq. ft.3312 Chippewa Street, New Orleans, LA 70115
MLS# 2543058Listed by: MCENERY RESIDENTIAL, LLC - New
$26,000Active0.13 Acres7850 Parry Street, New Orleans, LA 70128
MLS# 2543101Listed by: LEVY REALTY GROUP LLC - New
$189,900Active4 beds 2 baths2,016 sq. ft.4917 Rosalia Drive, New Orleans, LA 70127
MLS# 2543097Listed by: BILAL A. ZUGHAYER - New
$160,000Active3 beds 2 baths1,144 sq. ft.4727 Lurline Street, New Orleans, LA 70127
MLS# 2542745Listed by: 1 PERCENT LISTS GULF SOUTH - New
$149,000Active3 beds 2 baths1,300 sq. ft.4619 Citrus Drive, New Orleans, LA 70127
MLS# 2543091Listed by: 1 PERCENT LISTS GULF SOUTH - New
$3,915,000Active3 beds 4 baths5,381 sq. ft.900 Royal Street, New Orleans, LA 70116
MLS# 2540253Listed by: FQR REALTORS - New
$269,900Active4 beds 3 baths1,539 sq. ft.734 Pecan Grove Lane, New Orleans, LA 70121
MLS# 2542931Listed by: WAYMAKER REALTY, LLC