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New Orleans Duplex Investment Opportunity
For Sale
$182,000

1726-28 LESSEPS Street, New Orleans, LA 70117

Multi-Family, Shot Gun, New Orleans, LA

Property Size1,776 SF
Price / SF$102.48
Days on Market131

Property Features for 1726-28 LESSEPS Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Driveway
Patio and Porch features Porch
Exterior features Fence, Porch
Fencing Fenced
Lot features Regular
Subdivision Upper Ninth
Standard status Active
APN 39W409113
Size 1,776 SF

Taxes and HOA fees

Tax Description SQ 799 LOT 20 A OR LOT 20 PT
Legal Description SQ 799 LOT 20 A OR LOT 20 PT

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1875
Floors in Building 1
Number of units 1
Roof type Shingle
Architectural style Other
Listing Agency: REVE, REALTORS
Listed By: Phillip Guillot
Added: Apr 15 Changed: Aug 19 Last Checked: Aug 23 at 9:06AM
MLS# 2553276

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.

Investment Insights

Based on property information with market context.

This duplex in New Orleans, Louisiana, presents an investment opportunity with immediate cash flow potential. Each side of the duplex features two bedrooms and two bathrooms. Off-street parking is available for both units. The property has a new HVAC system. The property is suitable for expanding an investment portfolio or starting an investment journey. The property also offers an opportunity for owner occupancy, allowing an owner to live in one side while renting the other. The property contains 1,776 square feet.

Key Highlights

  • Prime investment opportunity with immediate cash flow potential.
  • Two units, each with two bedrooms and two bathrooms.
  • Off‑street parking available for both units.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Hair Salon Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby

Demographics for 70117, LA

28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in New Orleans with immediate cash flow potential.
Where is this duplex located?
The property is located at 1726-28 LESSEPS Street New Orleans, LA.
What is the asking price?
The asking price for this property is $182,000.
What are key features of this property?
This property features: Prime investment opportunity with immediate cash flow potential.; Two units, each with **two bedrooms and two bathrooms.**; Off‑street parking available for both units.
More about this property
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