4-Plex For Sale 1428 Hickory Avenue, Harahan, LA
Multifamily | 4 Units
Marketing description
Positioned in one of the most rapidly growing corridors in the New Orleans metro, this fully renovated 4-plex at 1428 Hickory Avenue in Harahan offers a rare opportunity to acquire a fully renovated, stabilized, high-performing asset in an unbeatable location. Each unit separately metered for water & electricity.
Situated directly adjacent to Elmwood Shopping Center and surrounded by significant new development and job growth, this property benefits from strong tenant demand and long-term upside. Each spacious unit is a two-story townhouse layout featuring 2 bedrooms and 1.5 bathrooms, finished with modern, high-end upgrades including stainless steel appliances, updated interiors, and clean, contemporary design. The property is 100% occupied with all four units generating $1,500 per month, producing a total gross monthly income of $6,000.
This is a true turnkey investment, professionally renovated, fully leased, and ready to deliver immediate cash flow. Opportunities like this in such a prime, high-growth submarket are extremely limited, don't miss your chance to secure a strong, income-producing asset with built-in momentum.
Investment highlights
- Positioned in one of the most rapidly growing corridors in the New Orleans metro
- Fully renovated 4-plex
- Each unit separately metered for water & electricity
- Situated directly adjacent to Elmwood Shopping Center
- Surrounded by significant new development and job growth
- Each spacious unit is a two-story townhouse layout featuring 2 bedrooms and 1.5 bathrooms
- Finished with modern, high-end upgrades including stainless steel appliances, updated interiors, and clean, contemporary design
- 100% occupied with all four units generating $1,500 per month
- Total gross monthly income of $6,000
- True turnkey investment, professionally renovated, fully leased, and ready to deliver immediate cash flow
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