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4740 BANKS Street, New Orleans, LA 70119

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For Sale

$185,000

2 beds • 2 baths • 1 half baths • 1,740 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $106.32
    Price per square foot

  • Fireplace
    Fireplace

Explore this Property

Mid-City Investment Opportunity | Full Renovation Needed Located on a picturesque, tree-lined stretch of Banks Street in the heart of Mid-City, this well-designed fee simple townhouse offers investors fantastic long-term investment potential. Just one block from St. Patrick Park and three blocks to the Canal Street streetcar line, this property is perfectly positioned for both convenience and lifestyle walkable, family-friendly, and in an established neighborhood with strong demand. Inside, the layout maximizes livability with a spacious living and dining area on the main floor, plus a separate den that opens to a shady backyard and covered patio for entertaining or relaxing outdoors. Upstairs, two private ensuite bedrooms are smartly situated on opposite ends of the home for maximum privacy. All spaces will need to be renovated. For savvy investors or homeowners with vision, there's significant upside potential: The neighboring property at 4738 Banks Street is also available and offers a more move in ready opportunity or rental income. Additionally, the vacant lot at 412 S Bernadotte Street (31x60) is listed for $150,000 combine all three parcels to expand your footprint, add green space, or explore future development options. Whether you're looking to live in one and lease the other, renovate and resell, or assemble a larger Mid-City holding, this is a rare chance to plant roots in a thriving neighborhood just minutes from downtown.
MLS# 2503496

Courtesy Of Rêve | Realtors

(504) 300-0700

Property Features

  • Appliances
    Cooktop, Dryer, Microwave, Range
  • Architecture Style
    Other
  • Fireplace
    Fireplace

Map and Directions

Directions to 4740 BANKS Street, New Orleans, LA 70119

Home seller CENTURY 21 J. Carter & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J. Carter & Company

(504) 810-2825
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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