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    5313 Wickfield Dr New Orleans, LA 70122

    Under Contract
    For Sale
    $170,000

    Traditional, Duplex - New Orleans, LA

    Type:Duplex
    Property size:
    1,665 SF
    Lot size:
    0.11 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 5313 Wickfield Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active Under Contract
    Rooms
    Laundry
    Parking features
    Driveway
    Patio and Porch features
    Porch
    EntryLevel
    1
    Exterior features
    Fence, Porch
    Fencing
    Fenced
    Size
    1,665 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    2
    Building materials
    Wood Siding
    Roof type
    Shingle
    Architectural style
    New Traditional

    HODC LLC dba Keller Williams Realty New Orleans (504) 862-0100 [email protected]

    Listing agent David Ernst (504) 862-0100

    Listing date Aug 31, 2025

    MLS# 2518563 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing New Orleans Duplex

    This well-maintained duplex is located in Filmore Gardens and offers two separate units, each featuring 2 bedrooms and 1 bathroom. Both units are currently occupied and generate a combined rental income of $2,100 per month, totaling $25,200 annually. Tenants are responsible for covering their own utility expenses. The property includes owner-provided refrigerators, stoves, and dishwashers in both units. Annual expenses include flood insurance at $1,082, property insurance estimated at $5,500, and taxes amounting to $2,352. The property size is 1,665 square feet and the lot size is 0.1148 acres. This property presents a suitable opportunity for investors or owner-occupants looking for reliable cash flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.068168
    Latitude
    30.0131198

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with solid rental history in Filmore Gardens.
    Where is this duplex located?
    The property is located at 5313 Wickfield Dr New Orleans, LA.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: - Income-producing double generating $25,200 annual gross income.; - Projected **16% cash-on-cash return** with 20% down and 7% financing.; - Two separate units, each with 2 bedrooms and 1 bathroom.
    (504) 862-0100
    Request Owner's contact information
    5313 Wickfield Dr New Orleans, LA 70122
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    New Orleans, LA 70122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5313 Wickfield Dr New Orleans, LA 70122
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