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4120 24 Erato Street, 
New Orleans, LA 70125

$359,000


6

Beds


4

Baths


2,250

Sq Ft


Multi-Family

Active

Listed by

Brandin Learson

Branding Realty LLC.

504-319-4734

Last updated:

June 19, 2025, 03:20 PM

MLS#

2507718

Source:

LA GSREIN

About This Home

4120 24 Erato Street

Turnkey Investment Opportunity in the Heart of New Orleans! Come see this newly remodeled double featuring two spacious 3-bedroom, 2-bath units with no carpet, fresh paint, and modern finishes throughout. This income-producing property is ideal for both investors and owner-occupants alike. Each unit is separately metered for water and electricity, offering maximum flexibility and efficiency for tenants and owners. With projected market rents of approximately $2,016 per unit, this property delivers a strong return and excellent cap rate potential. Additional upgrades include a new hot water heater, two brand-new A/C condensers, and off-street parking — all in a high-demand location just minutes from the CBD, French Quarter, major interstates, and the best of New Orleans living. Whether you're looking to live in one unit and lease the other, or add a strong performer to your rental portfolio, 4120-24 Erato Street is a rare find. Schedule your private showing today and secure this exceptional opportunity before it’s gone!

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1970

Price Summary

359,000

$159 per Sq. Ft.

MLS #:

2507718

Last Updated:

June 19, 2025, 03:20 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,250 Sq. Ft.


Structure

Structure

Building Area:

2,250 Sq. Ft.

Year Built:

1970


Finances & Disclosures

Finances

Price:

$359,000

Price per Sq. Ft:

$159 per Sq. Ft.

Source:LA GSREIN
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