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3435-37 New Orleans St, New Orleans, LA, 70122

4beds
2baths
1,483sqft
$219,900
$148price/sqft
$1,724/moest. monthly cost
$68,960/yrincome needed

About This Home

STABILIZED, CASH-FLOWING DUPLEX TURNKEY PERFORMANCE FROM DAY ONE For the disciplined investor who values immediate yield and controlled risk, this fully occupied income-producing asset delivers measurable performance from closing. Both units are leased, creating instant cash flow with no lease-up period and no renovation delays. Each side features two bedrooms and one full bath, enhanced with wood laminate flooring, fresh paint, and updated appliances reducing deferred maintenance exposure. This is a true turnkey rental positioned for operational efficiency and predictable returns. Tenants are responsible for utilities and lawn maintenance, preserving margins and minimizing owner overhead. The spacious yard increases tenant desirability while supporting long-term retention and asset value stability. Whether you are expanding a buy-and-hold portfolio or executing a house hack strategy live in one unit while the other offsets your mortgage this property provides strategic flexibility with income already in place. SOLD AS IS W/ WOR ACT AOS. MEASUREMENTS ARE APPROXIMATE. BUYER MUST VERIFY.

Getting Around

68
WalkingSomewhat Walkable
43
TransitSome Transit
71
BikeVery Bikeable

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1968

Materials

  • Foundation: Raised
  • Roof: Asphalt,Shingle
  • Construction materials: Brick,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 1,483 sqft

Property

Details

  • Parcel number: 3435NEWORLEANSST
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Fence,Porch

Lot

  • Lot size: 4,480 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 40 x 112

Parking

  • Total spaces: 2
  • Parking features: Driveway,Two Spaces
  • Has uncovered spaces: Yes