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4516 BANKS Street
New Orleans LA 70119 US

$545,000

Active Listing ID 2519156
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$545,000

Active Listing ID 2519156
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4516 BANKS Street Located on a quiet block in the heart of Mid-City, this classic raised fourplex combines historic charm, modern updates, and strong investment potential. The property features two units upstairs and two units downstairs, each with its own private entrance, creating a versatile setup for a variety of rental strategies. The upper right unit is spacious and filled with natural light, while the upstairs studio offers flexible living space. Of the two downstairs units, one has been fully renovated with updated finishes and a functional, efficient layout. Original architectural details, including high ceilings, transom windows, and period millwork, add to the property’s character while blending seamlessly with modern updates. Additional highlights include off-street parking, garage access, and a shared courtyard space. Its prime Mid-City location provides easy access to City Park, the Canal Street streetcar, and nearby restaurants, shops, and entertainment. This property presents an opportunity to own a versatile multi-unit investment with excellent rental income potential.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s)
  • Exterior Finish: Balcony, Porch
  • Roof Type: Slate
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 545000
  • unparsedaddress: 4516 BANKS Street
  • postalcity: New Orleans
  • stateorprovince: LA
  • country: US
  • postalcode: 70119
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2732
  • livingareaunits: Square Feet
  • listagentfullname: Aaron Dare
  • listagentemail: aaron@cranenola.com
  • listagentkey: 3yd-NOMARLA-dareaaro
  • listagentmlsid: dareaaro
  • listagentpreferredphone: 5042102014
  • listagentofficephone: 5042102014
  • listofficekey: 3yd-NOMARLA-CRAN01
  • listofficemlsid: CRAN01
  • disclaimer: Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NOMARLA
  • listingcontractdate: 2025-09-05
  • listagenturl: http://cranebrokers.com
  • countyorparish: Orleans
  • cooling: Window Unit(s)
  • constructionmaterials: Wood Siding
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage
  • roof: Slate
  • waterfrontyn: False
  • exteriorfeatures: Balcony, Porch
  • architecturalstyle: Other
  • rooms: Laundry
  • patioandporchfeatures: Porch
  • entrylevel: 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Crane Real Estate Brokers", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"aaron@cranenola.com", "ListBrokerageCity":"New Orleans", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@cranebrokers.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Crane Real Estate Brokers", "ListBrokeragePhone":"(504) 899-8666", "ListBrokeragePostalCode":"70019", "ListBrokerageStateOrProvince":"LA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3702 Bienville Street", "ListBrokerageWebsiteUrl":"http://cranebrokers.com", "ListOfficeAddress1":"138 North Cortez Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"New Orleans", "ListOfficeCountry":"US", "ListOfficeEmail":"info@cranebrokers.com", "ListOfficePostalCode":"70119", "ListOfficeStateOrProvince":"LA", "ListPriceCurrencyType":"USD", "ListingTitle":"Raised Basement, 4 Plex - New Orleans, LA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4516-Banks-St_New-Orleans_LA_70119_M73581-09877?f=listhub&s=NOMARLA&m=2519156&c=rexren", "MLSModificationTimestamp":"2025-09-05T11:33:52Z", "Neighborhoods":[{"Description":null, "Name":"Mid-City"}], "PostalCode":null, "RawPropertySubType":"4 Plex", "RawPropertyType":"Multi-Family", "RoomCount":14, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/5/2025 7:05:57 PM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Aaron Dare, Crane Realtors, aaron@cranenola.com

Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.