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Two-Unit Duplex with Central HVAC
For Sale
$275,000

1936-1938 FRANKLIN Avenue, New Orleans, LA 70117

Multi-Family, Shot Gun, New Orleans, LA

Property Size2,175 SF
Lot Size0.06 Acres
Price / SF$126.44
Days on Market800

Property Features for 1936-1938 FRANKLIN Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Lot features 1-5 Acres
Standard status Active
APN 38W109718
Size 2,175 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description SQ 921 PT LOT 19 OR G FRANKLIN AVE 30 X 88 DBLE/FR 12/RM S/R 1936-38 FRANKLIN AVE SEE E RECORD
Legal Description SQ 921 PT LOT 19 OR G FRANKLIN AVE 30 X 88 DBLE/FR 12/RM S/R 1936-38 FRANKLIN AVE SEE E RECORD

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Floors in Building 1
Number of units 1
Roof type Shingle
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Crystal Parker
Added: Jul 1, 2024 Changed: Aug 26 Last Checked: Sep 8 at 8:06AM
MLS# 2458285

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 2,175-square-foot duplex, built in 1964, contains two residential units with matching layouts of two bedrooms and one bathroom. Central heating and air conditioning serve the building, which also has a shingle roof and public water service. The property is being sold as-is, with no repairs to be completed by the owner.

One unit is occupied under a month-to-month tenancy. The second unit is vacant and has a partially completed kitchen and bathroom, requiring completion before occupancy. The duplex sits on 0.0606 acres in New Orleans’ St. Roch neighborhood, with access to the French Quarter and I-10 and I-610.

The property may accommodate either an owner-occupant or an investor seeking a duplex with one existing tenancy and one unfinished unit, subject to completing the required work.

Key Highlights

  • 2,175‑square‑foot duplex with two 2‑bedroom, 1‑bathroom units
  • One unit occupied under a month‑to‑month tenancy
  • Second unit is vacant with partially completed kitchen and bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Law Firm Bakery HVAC Service

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
50%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

627
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The property combines one month-to-month tenancy with a vacant unit requiring completion of kitchen and bathroom work.
Where is this duplex located?
The property is located at 1936-1938 FRANKLIN Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,175‑square‑foot duplex with two 2‑bedroom, 1‑bathroom units; One unit occupied under a month‑to‑month tenancy; Second unit is vacant with partially completed kitchen and bathroom
More about this property
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