423 S Murat St
423 S Murat St New Orleans, LA 70119

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
- 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