1938 40 Spain St New Orleans, LA 70117
Saint Roch NeighborhoodEstimated payment $1,428/month
Total Views
3,512
6
Beds
2
Baths
2,212
Sq Ft
$99
Price per Sq Ft
Highlights
- Shotgun Architecture
- Wood Siding
- 2-minute walk to St. Roch Playground
- Property is in very good condition
- Property has 1 Level
About This Home
Great Investment Opportunity! This spacious double features 3 bedrooms on each side, totaling 6 bedrooms and 2 baths—great for investors or owner-occupants looking to generate rental income. Priced to sell! Located in a prime area with easy access to I-10, I-610, the French Quarter, Bywater, and more. Situated in Flood Zone X, with current flood insurance at only $1,024 per year. Don’t miss out on this income-producing property—schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,789
Lot Details
- 3,358 Sq Ft Lot
- Lot Dimensions are 32x105
- Property is in very good condition
Home Design
- Duplex
- Shotgun Architecture
- Raised Foundation
- Shingle Roof
- Wood Siding
- Concrete Siding
Interior Spaces
- 2,212 Sq Ft Home
- Property has 1 Level
Location
- Outside City Limits
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Internet Available
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 38W109328
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,789 | $21,130 | $1,340 | $19,790 |
| 2024 | $2,831 | $21,130 | $1,340 | $19,790 |
| 2023 | $2,758 | $20,600 | $590 | $20,010 |
| 2022 | $2,758 | $19,600 | $590 | $19,010 |
| 2021 | $1,287 | $8,940 | $590 | $8,350 |
| 2020 | $1,300 | $8,940 | $590 | $8,350 |
| 2019 | $1,337 | $8,850 | $500 | $8,350 |
| 2018 | $1,364 | $8,850 | $500 | $8,350 |
| 2017 | $1,302 | $8,850 | $500 | $8,350 |
| 2016 | $1,343 | $8,850 | $500 | $8,350 |
| 2015 | $1,041 | $7,000 | $590 | $6,410 |
| 2014 | -- | $7,000 | $590 | $6,410 |
| 2013 | -- | $7,000 | $590 | $6,410 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2025 02/03/25 | For Sale | $220,000 | -- | $99 / Sq Ft |
Source: Gulf South Real Estate Information Network
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $206,000 | Crescent Title Llc | |
| Warranty Deed | $46,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $154,500 | New Conventional | |
| Previous Owner | $99,000 | New Conventional |
Source: Public Records
Similar Homes in New Orleans, LA
Source: Gulf South Real Estate Information Network
MLS Number: 2485457
APN: 3-8W-1-093-28
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