$4,809
closing credit¹
4227 Tulane Ave New Orleans, LA 70119
Property details
About 4227 Tulane Ave
Discover the charm and potential of this multifamily fourplex, a gem in New Orleans waiting for your touch. With a generous 4400 square feet divided into 12 bedrooms and 4 bathrooms, this property offers ample space and flexibility, whether you dream of crafting a bespoke living space or exploring rental possibilities. Nestled in a vibrant area, this residence is just a stone’s throw from the culinary delights of Rouses Market and a short stroll from the scenic paths of Lafitte Greenway. Fitness and nature enthusiasts will enjoy proximity to City Park, an urban oasis larger than Central Park in New York! Not to mention Mid City's lively atmosphere, perfect for those who appreciate the arts and local culture. The Central Business District is also easily accessible, offering endless professional and entertainment opportunities. The interior whispers a promise of renovation potential. Ideal for investors or DIY aficionados, each unit within this fourplex calls for a personal touch to transform it into a modern haven or a lucrative rental property. Community features include easy access to essential shopping and lush green spaces, ensuring tenants or family members enjoy conveniences and quality of life. Perfect for those looking to capitalize on the robust New Orleans rental market or simply to create a personalized living space in a city known for its culture, cuisine, and history. Don't miss out on the opportunity to make this property shine amidst the heart of one of the most iconic cities in the USA. All units are occupied. As much advanced notice as possible for showings. Current tenants have been in place for many years paying well below market rent. Market rent is roughly $1200 per unit with light renovation and touch up paint.
Highlights
Summary
- MLS Number: 2481463
- MLS Name: NOMAR
- Office Name: eXp Realty, LLC
- Office Phone: (337) 522-7554
- Office Email: la.broker@exprealty.net
- Listing Agent: Tyrell Morris
- Agent Phone: (202) 607-4612
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Last updated on: 1/31/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$405,000
4227 Tulane Ave
$4,809
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $38,650 | $- |
| 2022 | $37,030 | $- |
| 2021 | $38,650 | $- |
| 2020 | $38,650 | $5,813 |
| 2019 | $37,520 | $5,868 |
| 2018 | $37,520 | $6,001 |
| 2017 | $21,090 | $3,322 |
History based on county public records data.
Nearby schools
10
Metairie Academy for Advanced Studies
Public Magnet PK-5
1.4 mi
•201 Metairie Rd
1
Noble Minds
Public Charter KG-5
1.9 mi
•1333 S Carrollton Ave
7
Marie Riviere Elementary School
Public District PK-5
3.3 mi
•1564 Lake Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,119. The most common annual income of people living in New Orleans, LA is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
This home is located at 4227 Tulane Ave in New Orleans, LA and zip code 70119 in the Mid City neighborhood. This 4,400 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 11, 2025 and is currently priced at $405,000.
While more than 26 listings in New Orleans, LA in December 2024 were sold above asking price, there were more than 46 listings sold at asking price, and more than 204 were sold below. The inventory of homes for sale in New Orleans, LA between November and December 2024 increased by 0.5%. In December 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $325,680.