$419,000
PENDING $20K PRICE DROP

Estimated payment $2,772/month

Total Views 1,037
6 Beds
4 Baths
2,745 Sq Ft
$153 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Property is in excellent condition
  • 2-minute walk to McCue Playground
  • Central Heating and Cooling System

About This Home

**Price Improvement – Now $419,000!** Don't miss this opportunity to own an income-producing duplex for investors or owner-occupants alike. Live in one unit while the other helps offset your mortgage, or lease both units to maximize your return. Each spacious unit offers 3 bedrooms and 2 full baths, with **one unit already occupied**, providing immediate rental income and making house hacking even more affordable. Located close downtown New Orleans, major hospitals, universities, shopping, dining, and interstate access, this property offers the perfect combination of cash flow, convenience, and long-term investment potential. One year home warranty appliances excluded. 24 hour notice to view occupied unit. Schedule your private showing today!

Listing Agent

Shontrell Guzman

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

REVE, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • Lot Dimensions are 32 x 120
  • Property is in excellent condition

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 2,745 Sq Ft Home
  • Property has 2 Levels

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Internet Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 425-FRANKLINAV

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

3,833 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Duplex
  • Style: Contemporary
  • Condition: Excellent
  • ADA Features: No
  • Legal Description: 2425 FRANKLIN AVE 32X120 SQ 1319 LOT 7
  • Lp Amt Sq Ft: 152.64
  • Building Stories: 2.00000
  • Unit Level: 2
  • AddressLine: FRANKLIN AV, NEWORLEANS LA 70117
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Duplex Type: Double
  • Estimated Living Area: 2745
  • Total Sq Ft: 2745

Exterior Features

  • Pool Type: None
  • Exterior: Hardboard Siding
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Two, Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: Yes
  • Lot Description: Regular
  • Lot Size: 32 x 120
  • Parcel #: 425-FRANKLINAV

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No
  • Water Paid By: Owner

Building Info

  • Year Built: 2024

Multi Family

  • Total Units: 6

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
08/14/2026 08/14/26 Pending -- -- --
07/30/2026 07/30/26 Price Changed $419,000 -2.3% $153 / 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: Gulf South Real Estate Information Network

Source: Gulf South Real Estate Information Network

MLS Number: 2559710

Gulf South Real Estate Information Network

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

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