$479,500
$40K PRICE DROP

Estimated payment $2,924/month

Total Views 3,268
5 Beds
2 Baths
1,975 Sq Ft
$243 Price per Sq Ft

Highlights

  • Cottage
  • Porch
  • Central Heating and Cooling System
  • Oversized Lot
  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows

About This Home

Historic Bayou Saint John Duplex with Adjoining BUILDABLE LOT!! – Prime Location + + + + Investment Opportunity!

Nestled in the heart of the desirable Bayou Saint John neighborhood, this Incredible property offers exceptional living, + an Exceptional Investment potential. The owners unit on the left side features 3 distinct bedrooms, one full Updated bath, a spacious den/living room, and a well Updated Kitchen. On the right side, the rental unit is leased at $1,495 per month & includes 2 Separate bedrooms, an Updated bath, a large den/living area, and a WELL Updated kitchen; making this an ideal income $$$$ producing asset.

Each unit comes with separate electric and gas meters. BOTH UNITS feature Central HVAC. Additionally, each unit has it's own Private Laundry. The property location is simply unbeatable: only 2 blocks from Whole Foods Market, the Canal Streetcar line, and a variety of neighborhood favorites, including numerous restaurants, local pubs, and coffee shops.

BONUS: The sale includes an adjacent buildable lot, offering gated off-street parking and valuable future expansion, or development potential. With this extra space, you gain flexibility for growth, an asset in an area with tremendous demand and growth potential.

This is a rare chance to own a versatile property in one of the city’s most sought-after neighborhoods. This is truly LOCATION~LOCATION~ LOCATION!! Do Not miss out on this incredible investment & lifestyle opportunity.

Listing Agent

Chris Smith

Keller Williams Realty New Orleans License #NOM:000009641 Listed on: 11/13/2024

Keller Williams Realty New Orleans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,312

Year Built

  • Built in 2010 | Remodeled

Lot Details

  • Fenced
  • Oversized Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Cottage
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,975 Sq Ft Home
  • Property has 1 Level
  • ENERGY STAR Qualified Appliances

Parking

  • 3 Parking Spaces
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Lighting

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Internet Available

Additional Features

  • Porch
  • Outside City Limits

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,312

Year Built

Built in 2010 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Cottage
  • Condition: Excellent
  • ADA Features: No
  • Legal Description: SQ 356 LOT 7 DUMAINE 29 X 100 & 32 x 70
  • Lp Amt Sq Ft: 242.78
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 2010
  • Age: 73
  • Age Description: Resale
  • Age Description 2: Remodeled structural changes - all major mechanical systems i.e. HVAC, Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2010

Interior Features

  • Estimated Living Area: 1975
  • Total Sq Ft: 1975

Exterior Features

  • Pool Type: None
  • Exterior: Frame, Vinyl Siding, Wood Siding
  • ExteriorFeatures: Fence, Porch
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Three or More, Lot
  • Internet: Yes

Utilities

  • Air Conditioner: Central, Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central, Window Unit
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Oversized
  • Lot Num: B
  • Lot Size: 29x100+32x70

Green Features

  • Energy Efficient Features: Energy Star Appliances, Lighting, Windows

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 5
  • Total Full Baths All Units: 2
  • Total Rent All Units: 1495
  • Total Units: 2
  • Unit Count: 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 $3,312 $25,090 $7,250 $17,840
2024 $3,362 $25,090 $7,250 $17,840
2023 $3,454 $25,540 $5,800 $19,740
2022 $3,454 $24,550 $5,800 $18,750
2021 $3,676 $25,540 $5,800 $19,740
2020 $3,713 $25,540 $5,800 $19,740
2019 $3,792 $25,100 $2,320 $22,780
2018 $2,200 $14,280 $2,320 $11,960
2017 $2,101 $14,280 $2,320 $11,960
2016 $2,167 $14,280 $2,320 $11,960
2015 $2,123 $14,280 $2,320 $11,960
2014 -- $14,280 $2,320 $11,960
2013 -- $10,000 $2,030 $7,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Price Changed $479,500 -7.7% $243 / Sq Ft
11/13/2024 11/13/24 For Sale $519,500 -- $263 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Deed $279,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,200 New Conventional
Previous Owner $140,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Gulf South Real Estate Information Network

MLS Number: 2475996

Gulf South Real Estate Information Network

APN: 2-07-2-002-07