$525,000

Prime Metairie Investment Opportunity! Don't miss this opportunity to own a well-maintained fourplex with a BRAND NEW ROOF, established tenants, strong rental history, and additional potential for rental income growth. Conveniently located in a desirable Metairie area just minutes from shopping, restaurants, hospitals, and other everyday amenities, this property offers an excellent combination of location, immediate cash flow, and long-term investment potential. Each of the four units features a functional two-story layout with 2 bedrooms and 1 bathroom upstairs, while the living room, dining area, kitchen, and laundry hookups are located downstairs. The property also offers plenty of parking in both the front and rear of the building for tenants. The complex participates in the Section 8 Housing Choice Voucher Program and has long-term tenants in place, providing immediate rental income. Current monthly rents are $1,400, $925, $897, and $899, for a combined monthly rental income of approximately $4,121. The property generated approximately $49,766 in rental income in 2025, with reported 2025 expenses of approximately $15,660. There is also potential upside for the next owner. With improvements to the units and approval through the applicable housing program, rental rates on three of the four units may have room to increase. With a brand new roof, existing tenants, established income, and future rent growth potential, this fourplex offers an attractive opportunity for an investor looking to add a cash-flowing multifamily property to their portfolio. All measurements, financial information, expenses, rental amounts, and listing details are approximate and not guaranteed. Buyer to independently verify all information during due diligence. Schedule your private tour today! Broker and Agent owned property.