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423 S Murat St

423 S Murat St New Orleans, LA 70119

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Overview

$5,150 per month total income, 100% occupied. 423 S. Murat Street is fully occupied 4-unit multifamily property located one block off Banks Street in Mid City neighborhood of New Orleans. The building contains four (4) total units - which are all 2 bedroom 1 bathroom and 816 square foot each. The total building size is 3,264 square feet and has 2 stories. The property is located in a rapidly growing area of New Orleans and is in high demand from tenants and owners alike. This presents a great opportunity for a purchaser to owner occupy one unit and use the remaining rental income to offset expenses or purchase as a pure investment vehicle.


 

Please contact Bryce Marullo at 504-301-5583 or Brian Carra at 504-333-0886 for more info and to schedule a showing.

Attachments

For Sale

Multifamily
Sale Price
$450,000
Price Per SF
$137.9/SF
Building Size
3,264 SF
Acres
0.12 ac
Zoning
HU-RD2
Zoning Description
Historic Urban Two Family Residential District
Tenant
yes
Building Class
B
Floors
2
Year Built
1970
Parking Spaces
4
Property Status
Existing
Average Occupancy Rate
100%
Total Units
4
County
Orleans Parish
Available
2025-06-23
Created
2025-06-23
Updated
2025-06-23
Listing ID
0879f677
Parcel APN
105308325