$429,000
$10K PRICE DROP

Estimated payment $2,790/month

Total Views 568
-- Bed
-- Bath
2,745 Sq Ft
$156 Price per Sq Ft

About This Home

Modern income-producing duplex located 2425-27 Franklin Ave in the heart of New Orleans. This well-designed property features two spacious units, each offering 3 bedrooms and 2 bathrooms with contemporary finishes throughout. Enjoy open-concept living spaces, modern kitchens, stylish bathrooms, and functional layouts for both owner-occupants and investors alike.One unit is currently occupied, providing immediate rental income potential. Conveniently located to local restaurants, shopping parks, and New Orleans attractions. A great opportunity to add a turnkey multifamily property to your portfolio or live in one unit while generating income from the other. This home comes with a one year warranty, appliances excluded. ***24 hour notice for showings of occupied unit***

Listing Agent

Shontrell Guzman

REVE, REALTORS License #995712285 Listed on: 05/25/2026

REVE, REALTORS

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,840 Sq Ft Lot
  • Lot Dimensions are 32 x 120

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,745 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Lot 7/025

Property Details

Home Type

Multi-Family

Lot Details

3,840 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0882
  • Lot Size: 32 x 120
  • Directions: Bounding Streets: N Dorgenois, N Rocheblave
  • Building Stories: 2
  • List_136: 90.048319
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water

Exterior Features

  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 3840

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Lot: 7/025

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,676 $43,000 $1,530 $41,470
2024 $205 $1,530 $1,530 $0
2023 $189 $1,340 $1,340 $0
2022 $189 $1,340 $1,340 $0
2021 $193 $1,340 $1,340 $0
2020 $0 $1,340 $1,340 $0
2019 $147 $0 $0 $0
2018 $149 $0 $0 $0
2017 $143 $0 $0 $0
2016 -- $970 $970 $0
2015 $285 $0 $0 $0
2014 -- $1,920 $1,920 $0
2013 -- $1,920 $1,920 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2026 06/27/26 Price Changed $429,000 -2.3% $156 / Sq Ft
05/25/2026 05/25/26 For Sale $439,000 -- $160 / Sq Ft
Source: New Orleans Metropolitan Association of REALTORS®

Source: New Orleans Metropolitan Association of REALTORS®

MLS Number: NO2559710

APN: 3-8W-2-025-07

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