5415 Elysian Fields Ave New Orleans, LA 70122
Milneburg NeighborhoodEstimated payment $487/month
About This Home
Investor special with exceptional potential! Located in the established Milneburg/Gentilly neighborhood, this approximately 3,048 living sq. ft. duplex has been gutted to the studs, providing a blank canvas for your next project. Whether you're looking to restore it as an income-producing duplex, convert it into a spacious single-family residence, create a multi-generational home, or renovate for resale, the possibilities are endless. The property offers solid bones and retains its original footprint, allowing investors and contractors to focus on rebuilding rather than demolition. Situated on a generous lot, the property also features a spacious backyard and ample off-street parking for five or more vehicles, with additional space for a boat, trailer, or future outdoor entertaining area. Conveniently located with easy access to the University of New Orleans, Dillard University, Lake Pontchartrain, City Park, I-10, shopping, restaurants, and downtown New Orleans, this property combines a desirable location with incredible upside. Whether your vision is to maximize rental income or create a stunning single-family home, this property offers the flexibility to make it happen. An excellent opportunity for investors, builders, or buyers ready to transform a property with tremendous potential.
Property Details
Home Type
- Multi-Family
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 45 x 142
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,048 Sq Ft Home
- 2-Story Property
Utilities
- No Cooling
- Heating Available
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,462 | $26,230 | $9,590 | $16,640 |
| 2024 | $3,515 | $26,230 | $9,590 | $16,640 |
| 2023 | $2,015 | $22,110 | $2,560 | $19,550 |
| 2022 | $2,015 | $21,130 | $2,560 | $18,570 |
| 2021 | $2,200 | $22,110 | $2,560 | $19,550 |
| 2020 | $2,221 | $22,110 | $2,560 | $19,550 |
| 2019 | $1,658 | $17,830 | $2,080 | $15,750 |
| 2018 | $1,889 | $17,830 | $2,080 | $15,750 |
| 2017 | $1,798 | $17,830 | $2,080 | $15,750 |
| 2016 | $1,846 | $17,830 | $2,080 | $15,750 |
| 2015 | $1,614 | $17,830 | $2,080 | $15,750 |
| 2014 | -- | $17,830 | $2,080 | $15,750 |
| 2013 | -- | $17,830 | $2,080 | $15,750 |
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 |
|---|---|---|---|---|
| 08/11/2026 08/11/26 | Pending | -- | -- | -- |
| 08/06/2026 08/06/26 | For Sale | $74,950 | -- | $25 / Sq Ft |
Source: New Orleans Metropolitan Association of REALTORS®
MLS Number: NO2570872
APN: 3-8W-4-215-13
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