Active

$315,000

540 Terrace St, New Orleans, LA 70121

--beds

1,260sqft

Est.:

Quadruplex, Multi Family, Multi Family

Built in 1959

-- sqft lot

$303,000 Zestimate^®

$250/sqft

$-- HOA

What's special

New roofBathroom tubBuilt in closetsFloating shelves

4 plex efficiency units that have recently been renovated with new kitchen cabinets and stove, bathroom tub, and vanities, flooring, built in closets, and floating shelves. It has a new roof, water heater, new windows and window units. This property is conveniently located and just a short drive from Ochsner Hospital, Huey Long Bridge, Clearview and Causeway. Shared water and gas meter paid by owner. Electric meters are separate and paid by tenant. There is a shed with a shared washer/dryer.

3 days

56

6

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 4
Full bathrooms: 4

Living room

Description: Flooring: Laminate,Simulated Wood
Level: Lower

Living room

Description: Flooring: Laminate,Simulated Wood
Level: Lower

Living room

Description: Flooring: Laminate,Simulated Wood
Level: Lower

Living room

Description: Flooring: Laminate,Simulated Wood
Level: Lower

Heating

Window Unit

Cooling

Window Unit(s)

Appliances

Laundry: Common Area

Interior area

Total interior livable area: 1,260 sqft

Property

Parking

Parking features: None

Features

Levels: One
Stories: 1
Exterior features: Fence
Pool features: None

Lot

Size: 4,552.02 Square Feet
Dimensions: 50 x 90
Features: City Lot, Rectangular Lot

Details

Parcel number: 0700006838
Special conditions: None

Construction

Type & style

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

Materials

Brick
Foundation: Slab
Roof: Shingle

Condition

Excellent
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Not a Subdivision

Location

Region: New Orleans

Financial & listing details

Price per square foot: $250/sqft
Tax assessed value: $212,800
Annual tax amount: $2,682
Date on market: 4/2/2026
Tenant pays: Electricity

Estimated market value

$303,000

$288,000 - $318,000

$1,450/mo

Price history

Date	Event	Price
4/2/2026	Listed for sale	$315,000$250/sqft
Source: GSREIN #2550972 Report a problem
4/1/2026	Listing removed	$315,000$250/sqft
Source: GSREIN #2524143 Report a problem
10/28/2025	Price change	$315,000-3.1%$250/sqft
Source: GSREIN #2524143 Report a problem
9/30/2025	Listed for sale	$325,000+16.1%$258/sqft
Source: GSREIN #2524143 Report a problem
9/28/2025	Listing removed	$280,000$222/sqft
Source: GSREIN #2493071 Report a problem
5/14/2025	Price change	$280,000-6.4%$222/sqft
Source: GSREIN #2493071 Report a problem
3/27/2025	Listed for sale	$299,000$237/sqft
Source: GSREIN #2493071 Report a problem
8/2/2006	Sold	--
Source: Public Record Report a problem
5/26/2004	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,682 +6.8%	$21,280 +11.5%
2023	$2,510 +2.7%	$19,080
2022	$2,444 +7.7%	$19,080
2021	$2,270 +0.7%	$19,080
2020	$2,254 +13.7%	$19,080 +16.8%
2019	$1,983 +7.1%	$16,330
2018	$1,852	$16,330
2017	$1,852	$16,330
2016	$1,852 -0.2%	$16,330 -1%
2015	$1,856	$16,500
2014	$1,856	$16,500