About This Home

This 4-bedroom, 4-bathroom multi-family at 920 VALLETTE Street in New Orleans, LA is listed for $155,000 ($65 per sqft). Built in 1950, the home offers 2,400 sqft of living space on a N/A lot.

Key Features

  • Built in 1950

Property Details

4 full
1950

Amenities

A/C
Listing Description

MONEY MAKING OPPORTUNITY IN ALGIERS POINT! Add a strong income-producing fourplex to your portfolio with $4,417 in total monthly rental income! That's $53,004 in gross annual rent! Located in the highly desirable Algiers Point area, this property offers an attractive combination of immediate cash flow, established tenants, and long-term investment potential.

The property features four 1-bedroom, 1-bath units, a layout with broad rental appeal and a history of strong occupancy and long-term tenant stability. Preferred X flood zone. With over $53K in current annual rental income, this is an opportunity to acquire an established, income-producing multifamily property in one of the area's desirable rental markets. DO NOT DISTURB TENANTS. SELLER WILL MAKE NO REPAIRS NOR CONCESSIONS.

Monthly Cost Estimate

$829/mo

20% down · 6.5% · 30 years

Principal$112
Interest$672
Insurance$45

Estimates only. Actual payments may vary.

Location

920 VALLETTE Street

New Orleans, LA 70114

Property Details

Outdoor Features

Porch

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 920 VALLETTE Street is listed at $155,000 ($65/sqft). The estimated monthly payment is $829 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950.

This property is listed by Jennifer Blanchard.

JB

Jennifer Blanchard

License 000076636

Agent at Keller Williams Realty 455-0100

Listed by Keller Williams Realty 455-0100 · Broker phone: (504) 669-8822 · View on Broker Site · Broker website

MLS# 2577733· Source: ROAM MLS· 34 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.

920 VALLETTE Street, New Orleans, LA 70114

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