$229,000
$20K PRICE DROP

Estimated payment $1,384/month

Total Views 3,992
4 Beds
4 Baths
1,816 Sq Ft
$126 Price per Sq Ft

Highlights

  • Porch
  • 2 Car Garage
  • Fenced
  • Central Heating and Cooling System
  • Property is in very good condition
  • Wood Siding

About This Home

INVESTMENT OPPORTUNITY!!! Income-producing raised bungalow double in the New Marigny. Each side features two bedrooms, two bathrooms, and open-concept kitchen/living areas with hardwood floors, tall ceilings, mantles, and ornate wall moldings that highlight the homes historic character. Both units offer separate washer/dryer hookups and single garage parking, plus access to a small fenced courtyard. Currently leased to long-term tenants at $1,000 per month each, the property generates $24,000 in gross annual income. The raised basement, with impressive ceiling height, provides untapped potential for storage, studio, workshop, or expanded garage use. With stable tenants in place, solid cash flow, and room for future upside, this double is a smart portfolio addition in a desirable New Marigny location.

Listing Agent

Stephen Witt-Schoen

Compass Historic (LATT09) License #995713896 Listed on: 09/26/2025

Compass Historic (LATT09)

Co-Listing Agent

Brandon Witt-Schoen

Compass Historic (LATT09) License #995714514

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 39x119.3
  • Fenced
  • Property is in very good condition

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,816 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Porch
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot O
  • Assessor Parcel Number 3-7W-2-031-21

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 39x119.3
  • Co List Office Mls Id: LATT09
  • Co List Office Phone: (504) 948-3011
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Remodeled by previous owner
  • Year Built: 1940
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 1816.0

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot
  • Pool Features: None
  • Construction Type: Wood Siding
  • Exterior Features: Fence, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Very Good Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Garage, Two Spaces

Utilities

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

Lot Info

  • Parcel #: 3-7W-2-031-21

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: O
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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 $2,243 $16,990 $1,140 $15,850
2024 $2,276 $16,990 $1,140 $15,850
2023 $2,447 $18,250 $950 $17,300
2022 $2,447 $17,390 $950 $16,440
2021 $2,627 $18,250 $950 $17,300
2020 $2,653 $18,250 $950 $17,300
2019 $2,757 $18,250 $950 $17,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2025 11/22/25 Price Changed $229,000 -6.1% $126 / Sq Ft
10/30/2025 10/30/25 Price Changed $244,000 -2.0% $134 / Sq Ft
09/26/2025 09/26/25 For Sale $249,000 0.0% $137 / Sq Ft
06/07/2021 06/07/21 For Rent $1,000 0.0% --
06/07/2021 06/07/21 Rented $1,000 0.0% --
02/02/2018 02/02/18 Rented $1,000 -16.7% --
01/03/2018 01/03/18 Under Contract -- -- --
12/04/2017 12/04/17 For Rent $1,200 0.0% --
07/14/2015 07/14/15 Sold -- -- -- View Prior Sale
06/14/2015 06/14/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $190,000 -- $87 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $182,500 --
Source: Public Records

Source: ROAM MLS

MLS Number: 2523522

APN: 3-7W-2-031-21