About This Home

This 4-bedroom, 5-bathroom multi-family at 421 S LOPEZ Street in New Orleans, LA is listed for $475,000 ($123 per sqft). Built in 2006, the home offers 3,875 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 2006
  • 0.12 acre lot

Property Details

4 full, 1 half
2006

Amenities

A/C
Listing Description

Income-producing 4-plex in the heart of Mid-City, just off Banks Street! This property is surrounded by some of the neighborhood's favorite bars, coffee shops, restaurants, and conveniences, including Finn McCool's, Holy Ground, Trader Joe's, The Station Coffee Shop & Bakery, Bayou St.

John, the Crescent City Farmers Market, and the Lafitte Greenway making it easy to bike or commute into Downtown.Four separate units with three already occupied offer immediate rental income and flexibility for the next owner. Move into the vacant unit and let your tenants offset your expenses, or lease all four for a fully income-producing investment.

New roof in 2025!A secure, interior common entrance and lobby provides an added layer of privacy and security for residents. Outside, the property offers a huge yard plus something especially hard to find in Mid-City: a large garage! The garage offers substantial storage and workspace and could potentially provide an additional rental income stream

separate from the residential units.With existing tenants, a desirable central location, generous outdoor space, and multiple opportunities to increase income, this is a solid Mid-City investment with plenty of room to grow.

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

421 S LOPEZ Street

New Orleans, LA 70119

Property Details

Construction

Vinyl Siding Wood Siding

Parking

Off Street

Heating

Central

Cooling

Central Air

Questions & Answers

This 4-bedroom, 5-bathroom multi-family at 421 S LOPEZ Street is listed at $475,000 ($123/sqft). The estimated monthly payment is $2,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2006, 0.12 acre lot.

This property is listed by Gabriella M Francescon.

GF

Gabriella M Francescon

License 995706223

Agent at Rêve | Realtors

Listed by Rêve | Realtors · Broker phone: (504) 300-0700 · View on Broker Site · Broker website

MLS# 2565781· Source: ROAM MLS· 71 days on PropertySimple

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

421 S LOPEZ Street, New Orleans, LA 70119

Open this listing in: