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Historic New Orleans Multifamily Duplex

1837-39 TOURO Street New Orleans, LA 70116

1837-39 TOURO Street, New Orleans, LA, 70116

$279,900

Pending

For Sale

$279,900

Pending

MULTI_FAMILY - New Orleans, LA

Property Size1,994 SF

AddedJan 22

Days on Market173

Last RefreshJul 14 at 1:06 pm

Property Features for 1837-39 TOURO Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Garage, Off Street
Standard status: Pending
APN: 37W110107
Size: 1,994 SF

Taxes and HOA fees

Tax Description: SQ 885 LOT N 10 TOURO AND N PRIEUR 32 X 97 DBLE 1/ST 12/RMS S/R

Utilities

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

Building Details

Year built: 1937
Floors in Building: 1
Number of units: 2
Roof type: Shingle
Architectural style: Other

Listing agent Trey Miley License #995709617

Listing office 1 Percent Lists Legacy 1007 E Judge Perez Dr, Chalmette, LA

Listing date Jan 22, 2026

MLS# 2539558 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.

Investment Insights

Based on property information with market context.

The property at 1837-39 Touro St. is a well-maintained, historic multifamily duplex offering 1,994 square feet of total living space. Each unit features a 3-bedroom, 1-bathroom layout in a classic New Orleans shotgun-style design. The property features a fortified roof installed in 2024. Interiors showcase soaring ceilings and decorative fireplaces, blending historic charm with modern updates. Features include updated flooring, contemporary lighting, exposed brick accents, and generously sized bedrooms. The kitchens are well-appointed with abundant cabinetry and solid surface countertops. Bathrooms range from refreshed classic styles to modern walk-in showers with sleek tile finishes. A detached 620 square foot garage provides secure off-street parking, storage, or workshop potential. A private courtyard is perfect for outdoor seating and entertaining. Additional features include a security camera system that will remain with the sale. The exterior boasts classic New Orleans curb appeal with vibrant shutters, architectural detailing, and gated access. It is ideal for owner-occupants, multigenerational living, or investors seeking a turnkey duplex with strong rental appeal in a character-rich New Orleans setting.

Key Highlights

Historic New Orleans duplex at 1837–1839 Touro St with 1,994 sq ft total living space
Each unit offers a 3‑bedroom, 1‑bath layout with classic New Orleans shotgun‑style design
Fortified roof installed in 2024 for added durability

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$39.5k	$19.80
− Vacancy	−$3.4k	−$1.71
EGI	$36.1k	$18.09
− OpEx	−$10.8k	−$5.43
NOI	$25.2k	$12.66

1,994 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$360.7K

$315.6K – $420.8K (±1% cap)

NOI $25,249 @ 7.0% cap · market cap 9.02%

Second Best

Apartment 5plus

$331.5K

$290.1K – $386.8K (±1% cap)

NOI $23,208 @ 7.0% cap · market cap 8.29%

Theoretical Best

Office A

$506.8K

$443.5K – $591.3K (±1% cap)

NOI $35,477 @ 7.0% cap · market cap 12.67%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
LA
New Orleans
70116
1837-39 TOURO Street

What type of property is this?

Duplex - Classic New Orleans duplex with modern updates and detached garage.

Where is this duplex located?

The property is located at 1837-39 TOURO Street New Orleans, LA.

What is the asking price?

The asking price for this property is $279,900.

What are key features of this property?

This property features: Historic New Orleans duplex at 1837–1839 Touro St with 1,994 sq ft total living space; Each unit offers a 3‑bedroom, 1‑bath layout with classic New Orleans shotgun‑style design; Fortified roof installed in 2024 for added durability

1837-39 TOURO Street New Orleans, LA 70116

MULTI_FAMILY - New Orleans, LA

Property Features for 1837-39 TOURO Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Historic Office Building with Courtyard

Historic Uptown Office Building

Turnkey Two-Story Restaurant Event Venue

Mixed-Use Live/Work Building

Camelback Duplex with Garden House

Camelback Duplex with Garden House

Brick Multi-Family Residence

Historic Duplex with Balconies

Historic Ground-Floor Office Space

Warehouse with Dedicated Office

Restored Duplex with Off-Street Parking

Historic Fourplex with Separate Entrances

FAQs