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4120 Hessmer Ave, Metairie, LA, 70002

12beds
8baths
4,100sqft
$580,000
$141price/sqft
$4,425/moest. monthly cost
$177,000/yrincome needed

About This Home

Don’t miss this rare chance to own a cash-flowing 4-plex in one of Metairie’s most sought-after areas. Each spacious unit offers 3 bedrooms and 1.5 bathrooms, making it highly desirable for long-term tenants and maximizing rental income potential. Minutes from Lakeside Mall, dining, and major retail Easy access to I-10 and surrounding areas Situated in a stable, established neighborhood

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

7/10
5/10
3/10
Grace King High SchoolGrades 9-120.2 mi

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1977

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Quadruplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 8
  • Full bathrooms: 4
  • 1/2 bathrooms: 4

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,100 sqft

Property

Details

  • Parcel number: 0820038691
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,828 sqft
  • Features: Outside City Limits,Rectangular Lot
  • Lot size dimensions: 53 x 109

Parking

  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Cold Wave
Hail
Heat Wave
Inland Flooding
Ice Storm
Winter Weather
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,932$35,184
Home Insurance *$908$10,896
Property Taxes $275$3,300
Electricity $310$3,720
Total$4,425$53,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$151,714/yr
40% on housing$132,750/yr
45% on housing$118,000/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.0%
16.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 70002$176
Jefferson Parish$159

vs Homes Sold Last Month

Median $/sqft

ZIP 70002$163
Jefferson Parish$156

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Price change$599,000
2026-03-24Listed for sale$625,000
2021-02-12Sold--
2020-12-09Pending sale$499,000
2020-11-20Listed for sale$499,000
2019-04-03Sold--

For Sale by Agent

AgentShakira Heard
BrokerageMA Maison Realty, LLC

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