$599,000

Estimated payment $3,997/month

Total Views 5,729
10 Beds
4 Baths
4,261 Sq Ft
$141 Price per Sq Ft

Highlights

  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System
  • Rectangular Lot
  • ENERGY STAR Qualified Appliances
  • Property is in very good condition
  • 3-minute walk to Evans Playground

About This Home

Commercially zoned (HU-MU) duplex previously with a commercial STR permit! Own a piece of the action in this income-generating double half a block off of Freret St, just a few minutes walk or bike ride to Tulane and Loyola Universities! The upstairs unit, was previously rented for $4,000 per month but was last rented off-season for $3,000. Upstairs offers a spacious layout with 5 large bedrooms, 2 full baths, high ceilings, and tons of natural light. Two kitchens provide flexibility, while a front porch and rear balcony create inviting outdoor spaces. Dual HVAC units ensure constant comfort. Downstairs, the short-term rental unit currently pulls in strong revenue, but with potential for even more – long-term tenants have offered $3,800 in the past! This unit has 5 large bedrooms, a gorgeous kitchen, 2 beautiful bathrooms, and a comfortable living area, all cooled by efficient mini-split HVAC systems. Washer and dryer in each unit. Don't miss this rare opportunity to own a double with endless possibilities! Schedule your showing today and unlock your investment potential!

Listing Agent

William King

Satsuma Real Estate LLC License #995688927 Listed on: 06/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,256

Year Built

  • Built in 1940

Lot Details

  • 4,125 Sq Ft Lot
  • Lot Dimensions are 33x125
  • Fenced
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 4,261 Sq Ft Home
  • Property has 2 Levels
  • Laundry on upper level

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Wall Furnace

Additional Features

  • ENERGY STAR Qualified Appliances
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 614331415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,256

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0947
  • Lot Size: 33x125
  • Co List Office Mls Id: KORM01
  • Directions: Turn onto Soniat from Freret
  • Entry Level: 2
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: ENERGY STAR Qualified Appliances
  • Owner Pays: Electricity, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 10
  • Living Area: 4261.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Exterior Features: Fence
  • Foundation Details: Raised
  • Property Condition: Very Good Condition
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Upper Level
  • Cooling: Central Air, Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Ductless, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 614331415

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,256 $62,550 $12,380 $50,170
2024 $8,381 $62,550 $12,380 $50,170
2023 $8,493 $63,100 $8,250 $54,850
2022 $8,493 $60,360 $8,250 $52,110
2021 $6,422 $44,610 $8,250 $36,360
2020 $6,485 $44,610 $8,250 $36,360
2019 $6,241 $41,310 $4,950 $36,360
2018 $6,365 $41,310 $4,950 $36,360
2017 $6,078 $41,310 $4,950 $36,360
2016 $6,967 $45,900 $4,130 $41,770
2015 $6,824 $45,900 $4,130 $41,770
2014 -- $29,700 $4,130 $25,570
2013 -- $33,010 $4,130 $28,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $599,000 0.0% $141 / Sq Ft
05/14/2025 05/14/25 Price Changed $2,500 -13.8% $2 / Sq Ft
05/13/2025 05/13/25 Price Changed $2,900 -3.3% $2 / Sq Ft
03/18/2025 03/18/25 For Rent $3,000 -7.7% --
09/01/2024 09/01/24 Rented $3,250 +8.3% --
08/19/2024 08/19/24 Price Changed $3,000 -3.2% $2 / Sq Ft
08/08/2024 08/08/24 Price Changed $3,100 -3.1% $2 / Sq Ft
08/01/2024 08/01/24 Price Changed $3,200 -3.0% $2 / Sq Ft
07/08/2024 07/08/24 Price Changed $3,300 -2.9% $2 / Sq Ft
06/28/2024 06/28/24 Price Changed $3,400 -2.9% $2 / Sq Ft
06/20/2024 06/20/24 For Rent $3,500 0.0% --
03/04/2021 03/04/21 Sold -- -- --
02/02/2021 02/02/21 Pending -- -- --
11/10/2020 11/10/20 For Sale $795,000 +73.2% $282 / Sq Ft
06/19/2014 06/19/14 Sold -- -- --
05/20/2014 05/20/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $459,000 -- $109 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Deed $695,000 Crescent Title Llc
Deed -- None Available
Warranty Deed $459,000 --
Deed $136,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $521,250 New Conventional
Previous Owner $341,250 Purchase Money Mortgage
Previous Owner $215,000 Future Advance Clause Open End Mortgage
Previous Owner $139,000 No Value Available
Source: Public Records

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Source: ROAM MLS

MLS Number: 2504730

APN: 6-14-3-314-15