$695,000
$55K PRICE DROP RENTED SEP 5, 2025

Estimated payment $4,117/month

Total Views 7,071
5 Beds
3 Baths
2,150 Sq Ft
$323 Price per Sq Ft

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Fenced
  • Window Unit Cooling System
  • Property is in excellent condition
  • 1-minute walk to Brignac Playspot

About This Home

**842 Toledano St & 3312 Laurel St | New Orleans, LA**

Incredible opportunity in the Irish Channel, one of Uptown New Orleans’ most sought-after neighborhoods—just blocks from the shopping, dining, and charm of Magazine Street! **

This unique property features two separate structures on one lot, offering incredible flexibility and income potential. **

842 Toledano St is a classic 3-bedroom, 2-bath renovated cottage with approximately 1,330 sq ft of living space. Highlights include 11-foot ceilings, beautiful wood floors, and an open-concept kitchen, dining, and living area. The kitchen is outfitted with granite countertops and stainless steel appliances. A full-size washer and dryer are conveniently located in-unit. **

3312 Laurel St is the second residence (approximately 820 sq ft) — a charming 2-bedroom, 1-bath unit with a fully equipped kitchen open to the living space and its own in-unit washer and dryer. **

Both units are currently tenant-occupied on month-to-month leases, making this an ideal turn-key investment or future owner-occupant option. Each has independent electric and gas meters with a shared water meter. Enjoy a shared backyard and the benefit of being in an X flood zone for added peace of mind. **

Live in one and rent the other, or take advantage of the dual income potential in this unbeatable Irish Channel location!

Listing Agent

Mat Berenson

LATTER & BLUM (LATT07) License #000055818 Listed on: 04/24/2025

Co-Listing Agent

Maddie Lazar

LATTER & BLUM (LATT07) License #995685168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 1932

Lot Details

  • 2,875 Sq Ft Lot
  • Lot Dimensions are 25x115
  • Fenced
  • Corner Lot
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding
  • Hardboard

Interior Spaces

  • 2,150 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 159C
  • Assessor Parcel Number 614107916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,972

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.066
  • Lot Size: 25x115
  • Co List Office Mls Id: LATT07
  • Co List Office Phone: (504) 866-2785
  • Directions: From Louisiana take laurel St towards Downtown. Property is on the corner of Toledano and Laurel
  • Architectural Style: Other
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Fully renovated in 2011
  • Year Built: 1932
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1932

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2150.0

Exterior Features

  • Lot Features: Corner Lot, City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Frame, Hardboard, Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Raised, Slab
  • Property Condition: Excellent
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 614107916

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 159C

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 $4,972 $37,670 $10,060 $27,610
2024 $5,047 $37,670 $10,060 $27,610
2023 $4,642 $34,350 $7,190 $27,160
2022 $4,642 $32,990 $7,190 $25,800
2021 $4,945 $34,350 $7,190 $27,160
2020 $4,510 $31,020 $7,190 $23,830
2019 $4,687 $31,020 $7,190 $23,830
2018 $3,721 $31,020 $7,190 $23,830
2017 $3,539 $31,020 $7,190 $23,830
2016 $4,172 $34,470 $4,310 $30,160
2015 $4,088 $34,470 $4,310 $30,160
2014 -- $34,470 $4,310 $30,160
2013 -- $34,470 $4,310 $30,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Rented $2,800 -6.7% --
08/05/2025 08/05/25 For Rent $3,000 0.0% --
05/28/2025 05/28/25 Price Changed $695,000 -7.3% $323 / Sq Ft
04/24/2025 04/24/25 For Sale $750,000 0.0% $349 / Sq Ft
03/02/2023 03/02/23 Rented $2,800 0.0% --
02/27/2023 02/27/23 Under Contract -- -- --
01/17/2023 01/17/23 For Rent $2,800 +12.0% --
08/29/2020 08/29/20 Rented $2,500 -28.6% --
07/30/2020 07/30/20 Under Contract -- -- --
05/08/2020 05/08/20 For Rent $3,500 0.0% --
03/17/2020 03/17/20 Rented $3,500 0.0% --
02/16/2020 02/16/20 Under Contract -- -- --
01/07/2020 01/07/20 For Rent $3,500 +9.4% --
09/06/2019 09/06/19 For Rent $3,200 -8.6% --
09/06/2019 09/06/19 Rented $3,500 +20.7% --
04/08/2017 04/08/17 Rented $2,900 0.0% --
04/08/2017 04/08/17 For Rent $2,900 0.0% --
04/25/2012 04/25/12 Sold -- -- --
03/26/2012 03/26/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $385,000 -- $182 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,501 --
Warranty Deed $220,000 --
Warranty Deed $160,000 --
Warranty Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $363,850 New Conventional
Closed $65,501 No Value Available
Previous Owner $362,500 Future Advance Clause Open End Mortgage
Previous Owner $224,250 Purchase Money Mortgage
Previous Owner $224,250 Unknown
Source: Public Records

Source: ROAM MLS

MLS Number: 2498445

APN: 6-14-1-079-16