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4 Beds
4 Baths
2,476 sqft

$299,000

112 ADDISON Street, Jefferson LA, 70121

Price per sqft$120.76
Built in1970
Property size2,476 sqft
Property typeTownhomes
Courtesy of Scott Brock with Bridgewater Realty Advisors, LLC

Overview

Active

Listed Oct 8, 2026

Updated 3 days ago

Calling all investors and house hackers! Fully occupied fourplex in Old Jefferson offering an exciting value-add opportunity. This two-story property features four one-bedroom, one-bath units with approximately 2,476 square feet of living area. All four leases are currently month-to-month, providing flexibility for future improvements and rent increases. Current rents total $2,650 per month, or $31,800 annually, and are below nearby market rents. The included pro forma projects rents of $1,150 per unit, while an analysis reports an average and median of $1,295 for nearby one-bedroom rentals. The property needs updates, allowing its next owner to improve the units while capturing meaningful rental upside. Conveniently located by Ochsner Medical Center, Oak Street, Earhart Expressway, the Mississippi River and New Orleans. An incredible opportunity to acquire an income-producing property with strong value-add potential!

$1,989/mo

Est. mortgage payment based on a $299,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2580831

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres
MLS provider logo

Listing Contact: (504) 265-4725 

Based on information from the Gulf South Real Estate Information Network as of 10/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:33 AM UTC, 10/9/2026

 

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