$170,000
UNDER CONTRACT

Estimated payment $1,116/month

Total Views 843
4 Beds
2 Baths
1,665 Sq Ft
$102 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Fenced
  • Porch
  • Rectangular Lot
  • 2-minute walk to Filmore Playground

About This Home

Income-Producing Double in Filmore Gardens!

Well-maintained double offering two separate units, each with 2 bedrooms and 1 bathroom. Both units are occupied and producing a combined $2,100/month ($25,200/year) in rental income, with tenants responsible for their own utilities.

Property highlights:

Solid rental history with $25,200 annual gross income

Owner-owned refrigerators, stoves, and dishwashers in both units

Tenants pay utilities, keeping operating costs lower

Annual expenses: Flood insurance $1,082, Property insurance est. $5,500, Taxes $2,352

With 20% down and 7% financing, projected cash-on-cash return ~16% at the $170K asking price

Great opportunity for investors or owner-occupants

This property delivers reliable cash flow and a strong return in today’s market.

Listing Agent

David Ernst

Keller Williams Realty New Orleans License #995683148 Listed on: 08/26/2025

Keller Williams Realty New Orleans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 1950

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Fenced
  • Rectangular Lot
  • Property is in average condition

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,665 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 37W516520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,352

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 50x100
  • Directions: From Filmore Ave turn toward the lake on Wickfield, the property will be on your right.
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Duplex
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1665.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Fence, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 37W516520

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 20

Map

Range of Values:

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Average Value
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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

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 $2,352 $17,820 $4,000 $13,820
2024 $2,388 $17,820 $4,000 $13,820
2023 $1,579 $11,710 $2,000 $9,710
2022 $1,579 $11,220 $2,000 $9,220
2021 $1,702 $11,710 $2,000 $9,710
2020 $1,702 $11,710 $2,000 $9,710
2019 $2,017 $13,350 $1,500 $11,850
2018 $2,057 $13,350 $1,500 $11,850
2017 $1,964 $13,350 $1,500 $11,850
2016 $2,026 $13,350 $1,500 $11,850
2015 $1,985 $13,350 $1,500 $11,850
2014 -- $13,350 $1,500 $11,850
2013 -- $13,350 $1,500 $11,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $170,000 -- $102 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Deed -- Granite Title Agency Inc
Warranty Deed $110,586 --
Warranty Deed $115,000 --
Warranty Deed $54,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 New Conventional
Previous Owner $112,917 No Value Available
Source: Public Records

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Source: ROAM MLS

MLS Number: 2518563

APN: 3-7W-5-165-20