4218 S Carrollton Ave
For Sale3-PlexBuilt 2018

4218 S Carrollton Ave

New Orleans, LA 70119  |  Orleans Parish
$685,000
$685,000List Price
3Units
7Total Beds
3,144Total Sq Ft
2018Year Built
$217.88Price / Sq Ft
$3,350Monthly Rent

Property Overview

Like new modern 3-plex in the heart of Mid-City, offering an excellent opportunity for both investors and owner occupants. Built in 2018, the property showcases modern resilient construction and thoughtful design throughout.

Desirable features include gated off street parking, private entries, central air and heating, in unit laundry, backyard access and a full fire sprinkler system, in an unbeatable location near Tulane Avenue.

Unit A is a spacious 3 bedroom, 2 bath residence with high ceilings and a private outdoor patio, currently leased (1,165 SF). Unit B is an owner occupied 2 bedroom, 1 bath unit with upgraded finishes (813 SF). Unit C is a 2 bedroom, 1 bath unit mirroring Unit B in layout and design, currently leased (813 SF).

Interested in this property?

Contact the listing team for showings, rent details and financing questions.

Contact the AgentsCall Bryce

Unit Mix & Income

UnitBedsBathsSq FtMonthly Rent
Unit C21813$1,350
Unit B (owner occupied)21813
Unit A321,165$2,000

Rents and square footage are per the MLS and are approximate.

Income Summary

Gross monthly rent (per MLS)$3,350
Gross annual rent (calculated)$40,200
Price per unit (calculated)$228,333
Gross rent multiplier (calculated)17.0x

Rents are as reported in the MLS. Where units are vacant, market rent may be carried in the figures. Buyers should verify all income and expense information.

Property Details

MLS #2558754
StatusActive
Property typeMulti-Family (3-plex)
Total units3
Total living area3,144 sq ft
Year built2018
Stories2
Lot size32 x 110
StyleContemporary
ConstructionSiding
RoofShingle
FoundationRaised
ConditionNew
ParkingCovered, off street
FeaturesFence, porch
Heat / airCentral
Electric paid byTenant (Entergy)
Water paid byOwner
Bounding streetsD’Hemecourt, Ulloa

Photo Gallery

Contact the Listing Team

Bryce Danna-Marullo

Listing Agent

Call (504) 301-5583Email

Mason McCullough

Bridgewater Realty Advisors

Call (504) 298-8631Email

Bridgewater Realty Advisors, LLC  |  3501 Severn Ave, Suite 19, Metairie, LA 70002  |  (504) 901-0463