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4635 Allen St, New Orleans, LA, 70122

6beds
6baths
3,707sqft
$279,000
$75price/sqft
$2,281/moest. monthly cost
$91,240/yrincome needed

About This Home

“We’re moving forward. If you want it, act now.” Looking for a home that helps pay for itself? This 4-unit property is exactly that. The main house is a large 3-bedroom, 2.5-bath residence an owner-occupant can use the three additional rental units generate steady monthly income. Two units are already rented, and the third just needs a little attention before it’s ready to produce income as well. With the main house and Unit “C” currently vacant, you can move right in and start collecting rent immediately. The home sits on a great corner lot at Allen and Carnot, with brick veneer construction and a newer roof installed within the last five years. Yes, the property needs some TLC, but the upside is tremendous. Live comfortably in the main home while your tenants help cover the mortgage or lease all four units and enjoy a strong investment property with long-term earning power.

Getting Around

51
WalkingSomewhat Walkable
41
TransitSome Transit
61
BikeBikeable

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1965

Materials

  • Foundation: Slab
  • Roof: Asphalt,Shingle
  • Construction materials: Brick,HardiPlank Type

Type & Style

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

Interior

Appliances

  • Laundry features: Inside

Bedroom

  • Level: First
  • Dimensions: 11 x 13

Bedroom

  • Level: First
  • Dimensions: 10.4 x 10.3

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Breakfast Room Nook

  • Level: First
  • Dimensions: 10 x 11.3

Dining Room

  • Level: First
  • Dimensions: 10.3 x 10

Foyer

  • Level: First
  • Dimensions: 8.8 X 18.5

Garage

  • Level: First
  • Dimensions: 13.2 x 19.5

Half Bath

  • Level: First
  • Dimensions: 3 x 5.7

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,707 sqft

Kitchen

  • Level: First
  • Dimensions: 9.2 x 11

Laundry

  • Level: First
  • Dimensions: 7.3 x 12

Living Room

  • Level: First
  • Dimensions: 17' X 15.4

Master Bathroom

  • Level: First
  • Dimensions: 5 x 8

Master Bedroom

  • Level: First
  • Dimensions: 15.4 x 15.9

Property

Details

  • Parcel number: 4635
  • Special condition: None

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: Fence,Permeable Paving

Lot

  • Lot size: 8,040 sqft
  • Features: Corner Lot,City Lot,Rectangular Lot
  • Lot size dimensions: 67' x 120'

Parking

  • Total spaces: 1
  • Parking features: Garage,Off Street,One Space,Driveway
  • Has garage: Yes
  • Has uncovered spaces: Yes

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
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Lightning
Hail
Heat Wave
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 $1,410$16,920
Home Insurance *$394$4,728
Property Taxes $197$2,364
Electricity $280$3,363
Total$2,281$27,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,205/yr
40% on housing$68,430/yr
45% on housing$60,826/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: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 70122$134
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70122$145
Orleans Parish$199

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
2026-04-27Listed for sale$279,000
2026-04-03Listing removed$279,000
2025-10-06Price change$279,000
2025-08-07Listed for sale$325,000

For Sale by Agent

AgentRodney Greenup
BrokerageGreenup & Associates, LLC

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