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Lower Ninth Ward Modern Double

1323 DESLONDE Street, New Orleans, LA 70117

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For Sale

$295,000

MULTI_FAMILY - New Orleans, LA

Property size:

1,807 SF

Price / SF:

$163/SF

HighLights

Qualifies for 100% financing and no PMI.
Classic "Double" layout: Two separate units, each with 2 bedrooms and 2 full bathrooms.
Off‑street parking.
Modern comfort: Central air and heat.
Tankless gas water heaters for energy efficiency and continuous hot water.
Real wood floors.

We can help!

Listing Contact

Frank Williams

Learn more

For Sale

$295,000

MULTI_FAMILY - New Orleans, LA

Property size:

1,807 SF

Price / SF:

$163/SF

Added:: Sep 8, 2025
Days on Market:: 276
Last Refresh:: Jun 10 at 4:06 am

Property Features for 1323 DESLONDE Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Off Street, Driveway
Patio and Porch features: Porch
Exterior features: Porch
Standard status: Active
APN: 1323-25 DESLONDE
Size: 1,807 SF

Taxes and HOA fees

Tax Description: SQ 545 584 LOT 5 DESLONDE 40X106

Utilities

Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 2022
Floors in Building: 1
Number of units: 2
Architectural style: Other

We can help!

Listing Contact

Frank Williams

Listing agent Frank Williams License #000001700

Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA

Listing date Sep 8, 2025

MLS# 2520676 Listing URL

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Qualifies for 100% financing and no PMI.
Classic "Double" layout: Two separate units, each with 2 bedrooms and 2 full bathrooms.
Off‑street parking.
Modern comfort: Central air and heat.
Tankless gas water heaters for energy efficiency and continuous hot water.
Real wood floors.

Overview

Located in the Lower Ninth Ward, this double property offers a blend of historic character and modern convenience. Each side of the property features two bedrooms and two full bathrooms, providing privacy and spacious living. A coveted feature in New Orleans, the property includes off-street parking. Central air and heat provide year-round climate control. Real wood floors add a touch of sophistication and warmth to each unit. Tankless gas water heaters provide a continuous supply of hot water while saving on utility bills. The Lower Ninth Ward is a community undergoing a remarkable revitalization, celebrated for its rich African American culture and history. The neighborhood is home to landmarks like the Lower Ninth Ward Living Museum and offers easy access to the historic French Quarter and downtown New Orleans. The property is situated in an area that continues to attract new investment and residents. The property size is 1807 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$35.8k	$19.80
− Vacancy	−$3.1k	−$1.71
EGI	$32.7k	$18.09
− OpEx	−$9.8k	−$5.43
NOI	$22.9k	$12.66

1,807 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$326.9K

$286.0K – $381.4K (±1% cap)

NOI $22,881 @ 7.0% cap · market cap 7.76%

Second Best

Apartment 5plus

$300.4K

$262.9K – $350.5K (±1% cap)

NOI $21,031 @ 7.0% cap · market cap 7.13%

Theoretical Best

Office A

$459.3K

$401.9K – $535.8K (±1% cap)

NOI $32,150 @ 7.0% cap · market cap 10.90%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: New Orleans
County: Jefferson
State: Louisiana
Longitude: -90.023062
Latitude: 29.965481

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For sale
Duplexes
LA
New Orleans
70117
1323 DESLONDE Street

What type of property is this?

Duplex - Historic New Orleans double with modern amenities and off-street parking.

Where is this duplex located?

The property is located at 1323 DESLONDE Street New Orleans, LA.

What is the asking price?

The asking price for this property is $295,000.

What are key features of this property?

This property features: Qualifies for 100% financing and no PMI.; Classic "Double" layout: **Two separate units, each with 2 bedrooms and 2 full bathrooms.**; Off‑street parking.

1323 DESLONDE Street, New Orleans, LA 70117

MULTI_FAMILY - New Orleans, LA

Property Features for 1323 DESLONDE Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Canal Street Automotive Investment Opportunity

New Orleans Commercial Opportunity

Historic Ground-Floor Office Space

Updated Duplex with Off-Street Parking

Turnkey New Construction Duplex

Uptown New Orleans Multi-Family Property

Historic Mixed-Use Building, New Orleans

Mixed-Use Commercial & Residential Property

Renovated Duplex in New Orleans

Audubon Park Multifamily Investment Opportunity

Restored Victorian Bed & Breakfast

Owner-Occupy Duplex with Sunroom

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