Description
OWNER is a licensed Real Estate Agent in the State of Louisiana. Great Investment Opportunity " Cash-FlowingDuplex in the Heart of New Orleans! This shotgun double / duplex is in good condition and located in a desirable X flood zone ofNew Orleans. This property offers an excellent chance for both investors and owner-occupants to step into a ready-to-go rentalopportunity. The left side of the duplex is tenant-occupied by a long-term renter on a month-to-month lease. This tenant benefitsfrom Section 8 rental assistance, paying just $218/month, with Section 8 contributing $1,032/month" for a total of $1250 permonth on that side, offering stable, guaranteed income. The right side was recently partially renovated, featuring an updatedkitchen with modern appliances and a refreshed interior. This unit is also rented to a section 8 tenant, for $1250 per month, for a total of $2500 per month in rental income. Other highlights include: A new privacy fence enclosing a nicely manicured backyard, perfect for tenant enjoyment. Roof replaced approx. 4 years ago, offering peace of mind for years to come. Located in an X flood zone, which may help with insurance savings. Short walk to Jazz Fest and the Race Track. This duplex is a rare find in New Orleans with true cash flow potential from day one. Whether youre looking to live in one side and rent the other, or add to your investment portfolio, this is one you dont want to miss.
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4BEDS
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0.08ACRES
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2BATHS
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01/2 BATHS
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1,408SQFT
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$160$/SQFT
Description
OWNER is a licensed Real Estate Agent in the State of Louisiana. Great Investment Opportunity " Cash-FlowingDuplex in the Heart of New Orleans! This shotgun double / duplex is in good condition and located in a desirable X flood zone ofNew Orleans. This property offers an excellent chance for both investors and owner-occupants to step into a ready-to-go rentalopportunity. The left side of the duplex is tenant-occupied by a long-term renter on a month-to-month lease. This tenant benefitsfrom Section 8 rental assistance, paying just $218/month, with Section 8 contributing $1,032/month" for a total of $1250 permonth on that side, offering stable, guaranteed income. The right side was recently partially renovated, featuring an updatedkitchen with modern appliances and a refreshed interior. This unit is also rented to a section 8 tenant, for $1250 per month, for a total of $2500 per month in rental income. Other highlights include: A new privacy fence enclosing a nicely manicured backyard, perfect for tenant enjoyment. Roof replaced approx. 4 years ago, offering peace of mind for years to come. Located in an X flood zone, which may help with insurance savings. Short walk to Jazz Fest and the Race Track. This duplex is a rare find in New Orleans with true cash flow potential from day one. Whether youre looking to live in one side and rent the other, or add to your investment portfolio, this is one you dont want to miss.
Broker and Associates are licensed in the State of Louisiana, USA.
Keaty Real Estate, LLC || (337) 235-7770 || Lafayette, LA.
Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Keaty Real Estate, LLC. Data last updated: 2025-11-13T15:35:27.813.
Listing courtesy of Gulf South Real Estate Information Network.