5523 25 Elysian Fields Ave New Orleans, LA 70122
Milneburg NeighborhoodEstimated payment $1,423/month
Total Views
1,144
4
Beds
2
Baths
1,908
Sq Ft
$113
Price per Sq Ft
Highlights
- 45 Acre Lot
- Porch
- Two cooling system units
- Traditional Architecture
- Courtyard
- Two Heating Systems
About This Home
Excellent Lakefront Area Duplex ~ Prime Gentilly Location & Solid Rental Income!
Exceptional investment opportunity in the desirable Lakefront area of Gentilly! Ideally situated just 2 blocks lakeside of Filmore Avenue, this well maintained property sits prominently on Elysian Fields Avenue at Mendez Street; providing unmatched access to parks, shopping, and the lakefront lifestyle.
Each spacious unit offers 2 separate bedrooms, 1 full bath, a large open-concept living & dining area, an updated kitchen, private interior laundry, and central HVAC for year-round comfort. Off-street rear parking accommodates both units, adding convenience and value.
This income-producing duplex is currently leased to long-term, happy tenants, generating a combined monthly rental income of $2,464. With stable occupancy and excellent upkeep, this is a turnkey investment in a thriving and highly rentable location.
** Excellent Gentilly Lakefront location
** Updated interiors with central HVAC and private laundry
** Off-street parking for both units
** Long-term tenants in place
** $2,464/month in rental income
** WELL PRICED and ready to perform from day one!
Whether you are expanding your portfolio or stepping into real estate investment, this duplex offers dependable income in one of Gentilly's most attractive lakefront corridors. Don’t miss it!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,711
Year Built
- Built in 2007 | Remodeled
Lot Details
- 45 Acre Lot
- Fenced
- Property is in very good condition
Home Design
- Duplex
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Wood Siding
- Siding
Interior Spaces
- 1,908 Sq Ft Home
- Property has 1 Level
- Laundry in unit
Parking
- 3 Parking Spaces
- Driveway
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient Lighting
- Energy-Efficient Insulation
Outdoor Features
- Courtyard
- Porch
Location
- Outside City Limits
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Two Heating Systems
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 5523
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,711 | $20,540 | $6,750 | $13,790 |
| 2024 | $2,752 | $20,540 | $6,750 | $13,790 |
| 2023 | $2,097 | $15,590 | $1,800 | $13,790 |
| 2022 | $2,097 | $14,900 | $1,800 | $13,100 |
| 2021 | $2,244 | $15,590 | $1,800 | $13,790 |
| 2020 | $2,266 | $15,590 | $1,800 | $13,790 |
| 2019 | $2,307 | $15,270 | $1,460 | $13,810 |
| 2018 | $2,553 | $15,270 | $1,460 | $13,810 |
| 2017 | $2,447 | $15,270 | $1,460 | $13,810 |
| 2016 | $2,518 | $15,270 | $1,460 | $13,810 |
| 2015 | -- | $15,270 | $1,460 | $13,810 |
| 2014 | -- | $15,270 | $1,460 | $13,810 |
| 2013 | -- | $15,270 | $1,460 | $13,810 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | For Sale | $215,000 | -- | $113 / Sq Ft |
Source: Gulf South Real Estate Information Network
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $92,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $145,800 | New Conventional | |
| Closed | $150,000 | New Conventional |
Source: Public Records
Similar Homes in New Orleans, LA
Source: Gulf South Real Estate Information Network
MLS Number: 2496617
APN: 3-8W-4-216-10
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