Calling all investors! Presenting a rare income-producing multi family opportunity in the heart of Uptown New Orleans! This well-maintained 4-plex features 2-bedroom/2-bathroom units, each offering comfortable living spaces with desirable amenities. With all units consistently generating above 1% of the purchase price in monthly rent, this property is a fantastic investment for both seasoned investors and newcomers to the market. Total rent amount earned from all units was $6,206 before one unit's lease ended in December 2024. New owner can rent or owner occupy. First showing will be Saturday 12/21. Listing wont last long please schedule showings as early as possible.
University-area cash cow with off-street parking in desirable Uptown location! Nestled on a tree-lined street, this fully occupied duplex has an annual income of $86,400! Each top and bottom unit has 4 bedrooms and 2 bathrooms renting for $3,600/mo. The property boasts separate water and electric meters. It has a strong rental history and is currently leased through May 2025. The roof was replaced in 2021. Property is complete with a spacious backyard and detached carport. Don't miss out on this unique investment opportunity with high student demand!
**Charming Duplex in Hoffman Triangle - Perfect Investment Opportunity!** Welcome to this beautifully maintained duplex located in the desirable Hoffman Triangle section of New Orleans. Built in 2013, this property features two spacious two-bedroom, one-bath units. **Property Highlights:** - **Modern Construction:** Enjoy the benefits of a newer build with contemporary design and efficiency. - **Gated Off-Street Parking:** - **Section 8 Friendly:** This property welcomes Section 8 tenants, making it an excellent option for investors seeking steady rental income. - **Spacious Layouts:** Each unit boasts two generously-sized bedrooms and a full bath, great for relaxation and privacy. - **Prime Location:** Situated in the vibrant Hoffman Triangle, you'll have easy access to local amenities, parks, and the rich culture of New Orleans. Whether you're looking to invest or find a new home, this duplex offers a unique opportunity in a sought-after neighborhood. Don’t miss out on this gem! Schedule a showing today!
Located less than two blocks away from Campus, this two story building consists of two units containing a total of three bedrooms and one bath each. Total of 6 bedrooms ready for immediate occupancy in the spring semester. 2,600 square feet total improvements located on a 2,800 sq/ft corner lot. The properties immediate proximity to campus has provided for a strong rental history throughout the owners tenure, with multi-year leases common.
One of a kind university area investment opportunity located one block from campus. 1517-1519 Audubon is a two story double measuring 5,500 sq/ft. Each unit contains a total of 4 individual bedrooms all located off of a common hallway on the second floor. Large living , dining and kitchen areas provide plenty of space for student residents. The raised basement in each unit also provides ample storage. Off-street parking is also available for each unit. Each building is on a master lease providing for ease of monthly rent collections and tenant retention. Stabile and secure income with existing barriers to entry for competing assets. This location provides for constant occupancy with many tenants often passing their lease on to friends/family upon graduation.
Don’t miss this versatile 3-plex, complete with an included adjacent side lot! Featuring 2 front units and a back unit on the 2nd floor, this property totals 2,051 sq ft. With 6 bedrooms and 3 bathrooms, you have the option to live in one unit and rent out the other 2 for extra income, or rent out all 3 units for a solid return on investment. The bottom unit features a shotgun layout, providing a practical open flow from room to room. The front units come with wheelchair ramp access for easy accessibility. In the kitchen, you'll appreciate the ample cabinet space. The property has no carpet, offering low-maintenance flooring throughout. The large backyard is great for cookouts, gardening, or relaxing. The sale also includes the adjacent side lot, which provides parking for 3+ vehicles or the potential to build another rental unit. Conveniently located near the CBD and Ferry, this property is great for savvy investors! Motivated seller—don’t miss out! Schedule a showing today and see the potential for yourself!
Raised corner double with 3 bedrooms in the front and a 1 bedroom apartment in the back. Freshly renovated. Turn key and ready to produce income. The potential rent for this property is a minimum of $2500. Book your private showing.
Beautifully renovated Fairgrounds double with modern finished while maintaining the historic charm. The property features original wood flooring and a restored exterior while enjoying the updated cabinets, stainless steel appliances, stone countertops, tankless hot water heaters, large closet space and much more. Both units have the exact same finishes and unit 2717 is currently rented for $1700.00 per month. Owner occupy or rent the owner's unit for up to 2000 per month.
An exciting investment opportunity awaits in a prime Broadmoor location. While this double requires renovations, its potential is undeniable. With generous square footage, a spacious yard, and charming historic details, this property provides the ideal foundation for transformation. Whether you're looking for a rewarding renovation project or a strategic investment, this home offers endless possibilities. Property is being sold as is, with no repairs or concessions from the seller. Inspections can be done but are for the buyer's knowledge only, electricity and water will only be on in the 3208 unit.
Adorable and totally unique property! Original single family home with two bedrooms, one bath, combined with a studio/cottage with one room. Cute patio sits between the two properties, overlooking the beautiful garden for an enclosed oasis. Both buildings are rented as short term rentals, with the property holding a current, valid, legal STR license. The cottage shares a full bath and washer/dryer in the rear of the lot, converted from a former potting shed. This is an opportunity to own a sliver of New Orleans history in the coveted Bywater area, with a property with great unique charm.
Don’t miss this fantastic investment opportunity! This charming DOUBLE features, two units, each with 2 bedrooms and 1 bath, offering the flexibility to live in one unit and rent the other. Located in Flood Zone X, this home boasts beautiful wood floors throughout. Each unit comes with separate meters great for shared living arrangements. The property also includes two sheds for additional storage, storm shutters for added protection, a covered carport, and multiple parking spaces for your vehicles or guests. Nestled just 10 minutes from the French Quarter, this property is situated to enjoy the best of New Orleans living. Schedule your showing today—opportunities like this don’t last long!
Great Investment Opportunity in Uptown! Don't miss this prime opportunity to own a charming 4-plex in the heart of the highly sought-after University area. Just one block off Carrollton Avenue and Oak Street, you're only a 5-minute walk to vibrant cafes, shopping, and all the best of Uptown living. This well-maintained 4-unit building, originally built in the 1940s, offers spacious 3-bedroom, 1-bath apartments. Two units are located upstairs, and two are downstairs, providing a great mix of rental potential. Each apartment features a flexible dining room or office area, suitable for students, young professionals, or anyone in need of extra space. You'll also find the convenience of a private one-car garage for each unit, for off-street parking or additional storage. With its classic architecture, including a grand entrance and stunning stairway to the upper floor units, this building is a standout in the neighborhood. The location is convenient for student rentals, thanks to its proximity to the university, making this a fantastic investment opportunity. Whether you're looking to add to your portfolio or get started in real estate, this property has it all!
Newly Renovated Duplex in the New Marigny! New Renovation includes NEW ROOF, NEW HVAC WITH NEW DUCTWORK, NEW WINDOWS, NEW INTERIOR & EXTERIOR DOORS, FRESH INTERIOR & EXTERIOR PAINT, NEW FLOORING, NO CARPET, NEW KITCHEN & BATHROOMS WITH QUARTZ COUNTERTOPS, NEW WALK IN SHOWER, STAINLESS STEEL APPLIANCES, NEW PLUMBING & ELECTRICAL FIXTURES, AND SO MUCH MORE! PRIME LOCATION! Great location and minutes away from New Orleans Downton, French Quarter, St Claude street car, the Marigny, and Frenchmen Street. This duplex features 3 bedrooms and 3.5 bathrooms, 2 bedrooms and 2.5 bathrooms in one unit, 1 bedroom and 1 bathroom in the second unit. Great investment property, live in one unit and rent the other unit. Ready for you to move into, schedule your showing today!
Welcome to 1511 Dumaine Street, a Historic Gem in the Heart of Treme! Nestled in the vibrant and culturally rich Treme neighborhood of New Orleans, this classic double (multi-family) home offers endless possibilities! Each unit features 2 bedrooms, 1 bath, a cozy living room, and a unique layout with the second bedroom tucked away on the second floor for added privacy. Located just steps from Orleans Avenue, this property places you in the heart of New Orleans' cultural celebrations, including Mardi Gras parades that bring the streets alive with music, color, and tradition. Walk to the Mahalia Jackson Theater, a beacon of arts and entertainment, or stroll over to the world-famous French Quarter, where you’ll find renowned restaurants, coffee shops, and unique attractions. This property is an excellent investment opportunity! While one unit may need a little TLC, the home is a diamond in the rough and with some love and vision, it can shine as a true gem. Whether you're seeking rental income or a chance to live in one unit while renting the other, the potential here is unmatched. Don’t miss this chance to own a piece of New Orleans history in one of its most storied neighborhoods. Bring all offers as the seller is motivated to sell. Schedule your showing today and experience the charm, culture, and convenience of 1511 Dumaine Street! Note: Room measurements are not accurate, please verify.
Historic Treme neighborhood duplex, 3 bedrooms & 2 baths per unit, just minutes from French Quarter & Marigny restaurants & venues. Excellent condition (only 4 years young) with a first floor porch, an upper balcony, and a large backyard. Well laid out open floor plan & lots of storage. Each unit has a spacious primary bedroom with large walk in closet and modern bathroom. High ceilings, stainless steel appliances, hardwood flooring, and custom features. Off-street parking for 2. BONUS: First floor unit is offered furnished! X Flood Zone.
Welcome to this historic gem located in the heart of the vibrant French Quarter on iconic Bourbon Street. This investment property offers a unique blend of classic New Orleans charm and modern potential. Seven one-bedroom units, all tenant occupied. Features include an adorable courtyard with historic, architectural feel and quaint balcony views of one of the most exciting streets in the country. Priced to Sell!
This modern 2-story duplex, built in 2019, offers a fantastic opportunity to live close to downtown while also generating rental income. Each side features 3 spacious bedrooms and 3 well-appointed bathrooms, making it ideal for families, roommates, or even guests. With its open floor plan, the interior is bright and inviting, offering plenty of space for both relaxing and entertaining. The sleek kitchens are equipped with stainless steel appliances, granite countertops, and ample cabinet space, making them both functional and stylish. Located just minutes from downtown, this duplex provides easy access to local shops, restaurants, and entertainment options, making it the perfect location for urban living. The modern finishes throughout the property ensure that both units are move-in ready, whether you're planning to live in one side and rent the other. Built with attention to detail, this home offers the perfect balance of comfort, style, and investment potential. Don't miss out on this opportunity to own a beautiful, income-producing property in one of the city's most desirable areas.
Welcome to an extraordinary estate nestled amidst the enchanting beauty of the historic Garden District. Just steps from vibrant parade routes, charming streetcars, and the pulse of downtown nightlife, this income-producing gem offers an unparalleled fusion of elegance and opportunity. This majestic double, steeped in architectural brilliance, spans nearly 1,700 square feet on each side, exuding both charm and sophistication. Vaulted ceilings create an airy grandeur, while expansive bedrooms provide a serene retreat. Every corner of this property has been lovingly updated, boasting high-end appliances, modern conveniences, and a state-of-the-art security system complete with cameras for your peace of mind. Step outside to discover meticulously designed outdoor entertaining areas, perfect for hosting under the stars or enjoying quiet moments surrounded by lush greenery. With off-street parking for three vehicles, you'll enjoy both convenience and a touch of luxury. Imagine the freedom of owning mortgage-free, as this property’s proven short-term rental income potential soars. With $140,000 in rental income for 2022 and $160,000 for 2023, this estate is not just a home—it’s an investment in your future. Situated in coveted Flood Zone X, flood insurance is not required, offering yet another layer of security and ease. This is more than a residence; it’s an invitation to a lifestyle rich in culture, history, and prosperity. Don’t miss your chance to own a piece of New Orleans' magic. Your dream estate awaits!
Investors, take note! This is a golden chance to refurbish and rejuvenate a traditional New Orleans residence. Situated at 2608 Upperline Street, the property boasts immense potential for those with the vision and know-how to restore its charm. It's just one block from the Freret corridor and within walking distance of the Baptist Women's Hospital, surrounded by numerous new constructions in the vicinity. Schedule a showing today!
This home is well-located on a pretty and NEWLY REBUILT STREET in Fontainebleau. Originally a 4 BR duplex. Simple to return it to a duplex, and have 2BR and 1BA in each unit in a wonderful neighborhood. Appealing to an owner occupant with rental income, or investors alike. Downstairs was renovated after Katrina with teak wood floors, and attractive Kitchen with silestone counters and chef's range oven. Kitchen opens to charming gardens, fountains and a rustic gazebo, for patio parties or peaceful outdoor relaxation. Upstairs also has a shady terrace overlooking the lush gardens! TWO sheds, two driveways. This residence has good bones, historic arts and crafts details, wood floors, retro tile baths. On a ridge - Flood Zone X! Seller will give credit towards new roof with acceptable offer. Roof has no known leaks. Don't miss this special State Street Drive home, it's truly delightful!
Conveniently located in the Navarre area of Lakeview just off of Canal Blvd and I-10, this former single family home is now an income producing double and has 5 total bedrooms, 4 full baths, 10 foot ceilings, enormous front porch, separate shed/carport on rear alley, and large 50x129 lot! Remodel to make it a magnificent single family home again, or keep as a double and remodel downstairs area. Upstairs is tenant occupied at $1500 per month. Call today for an appointment!
Beautiful prime investment property opportunity in the Musicians Village area. Motivated Seller...make an offer! Major renovation recently completed, well over $100K invested in this renovation! This stunning 4-plex property has exterior renovations includes completely new roof, full exterior paint job including, sanding, replacement of siding, and complete caulking all around, completely rebuilt new front porch, new charming "sidelight" windows on upper unit, new concrete front driveways for convenient off-street parking and new wood fence installed around the property. The interior renovations include all new stainless-steel appliances in all four kitchens, both upstairs kitchens have been completely gutted and rebuilt with new high end soft close cabinets, countertops, sinks, garbage disposals, dishwashers etc. Both downstairs kitchens have had all kitchen cabinets, sanded repaired and repainted. Upstairs units feature gorgeous original hardwood floors throughout that have been professionally stripped, sanded, patched and stained to bring back their original beauty. All 4 units are washer/dryer ready. All 4 units have all new interior paint and all new ceiling fans installed throughout. All 4 Units are approx 800 sq ft 2 bed 1 bath each with separate living room. All units have separate electric meter. One shared water meter for the property.
This historic double sits on an oversized lot with off-street parking in a prime Irish Channel location! Just two blocks to vibrant Magazine Street and one block to historic Jackson Avenue, this large double sits on an oversized lot measuring 160' deep! The home boasts hardwood floors throughout, mantels, ceiling fans, 11' ceilings on the first floor with a traditional shotgun layout on either side including side doors to the kitchens for added privacy. Each side also has an additional bonus space that acts as a storage, utility or laundry room with laundry hook-ups on both sides. The 2349 side also has an additional camelback that includes one additional bedroom and a bonus space at the top of the stairs that would make a great office, workout-room, playroom, or convert it to a bathroom or bedroom! This would make a great owner-occupied double in an extremely desirable location with off-street parking for two cars and a huge backyard! Leases are currently month-to-month with the larger side expected to be vacant by January 31, 2025.
Check out this incredible opportunity in the highly desirable Lakeview neighborhood! This tastefully renovated gem offers the perfect blend of charm and income potential. Imagine living in one unit while renting out the other, or maximizing your investment with two income-generating spaces. Inside, you’ll find elegant wood floors, sleek granite countertops, and modern stainless steel appliances. Both units boast spacious living areas, convenient utility rooms, and a layout designed for comfortable living. The large lot features a privacy fence, off-street parking, and even a rear garage! It’s the kind of property you have to see to believe—schedule your private showing today and get ready to fall in love!
Fantastic investment opportunity! This property offers versatility: live in the main house while generating income by renting out the smaller unit, or use it purely as an investment. Recent updates include a new roof, fresh interior paint, and professional pressure washing. Plus, the city is enhancing the area with a street replacement project. Located in an X flood zone for added peace of mind. Don’t miss this chance to own a property with income potential and recent improvements!
The median home value in New Orleans, LA is $325,000. This is higher than the county median home value of $270,400. The national median home value is $338,100. The average price of homes sold in New Orleans, LA is $325,000. Approximately 38.9% of New Orleans homes are owned, compared to 42.07% rented, while 19.03% are vacant. New Orleans real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Orleans real estate agent to arrange a tour today!
New Orleans, Louisiana has a population of 383,974. New Orleans is less family-centric than the surrounding county with 19.77% of the households containing married families with children. The county average for households married with children is 19.77%.
The median household income in New Orleans, Louisiana is $45,594. The median household income for the surrounding county is $45,594 compared to the national median of $69,021. The median age of people living in New Orleans is 37.7 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 63.5 inches per year, with 0 inches of snow per year.