Navarre Double with Income
For Sale
$499,000
5640 CATINA Street, New Orleans, LA 70124
MULTI_FAMILY - New Orleans, LA
Property Size4,610 SF
Price / SF$108.24
Days on Market97
Property Features for 5640 CATINA Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Exterior features
Fence
Fencing
Fenced
Lot features
Regular
Subdivision
Navarre
Standard status
Active
APN
206301824
Size
4,610 SF
Taxes and HOA fees
Tax Description
1. SQ 428 LOTS 44 45 CATINA 2. 25X120 EACH 3. 5640-42 CATINA ST
Legal Description
1. SQ 428 LOTS 44 45 CATINA 2. 25X120 EACH 3. 5640-42 CATINA ST
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
in-unit laundry
Building Details
Year built
1957
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Lara Schultz · License #000075293
(504) 300-0700
Added: May 2
Changed: Aug 3
Last Checked: Aug 6 at 3:06PM
MLS# 2555372
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 10-bedroom, 6-bathroom double in the Navarre neighborhood generates $4,000 per month in rental income. Each of the two units includes multiple independent bedrooms, a full kitchen, living areas, dedicated bathrooms, and in-unit laundry with washer/dryers. The property features off-street driveway parking. Located in Flood Zone X, it offers lower insurance costs. A new roof is planned for 2026, and a new fence has been installed. The Navarre neighborhood provides access to schools, parks, City Park, the lakefront, and dining, shopping, and downtown. The property, situated on a 4,610 square foot lot, is suitable for investors seeking cash flow or buyers looking for multi-generational living.
Key Highlights
- Strong cash flow: Currently generating $4,000/month in rental income with potential for increased rents.
- Desirable Navarre neighborhood: Close to top‑rated schools, parks, City Park, the lakefront, dining, shopping, and downtown.
- Spacious living: 10 bedrooms and 6 bathrooms, with multiple independent bedrooms, full kitchens, living areas, bathrooms, and laundry rooms on each side.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Explore this area
Business Placement
Demographics for 70124, LA
22,777
Population
8,919
Households
2.6
Avg Household Size
37
Median Age
70%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,400
Density / Sq Mi
$121,318
Median Household Income
$66,323
Median Earnings
$1,752
Median Rent
$577,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey 10-bedroom duplex in desirable New Orleans neighborhood.
Where is this duplex located?
The property is located at 5640 CATINA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Strong cash flow: Currently generating $4,000/month in rental income with potential for increased rents.; Desirable Navarre neighborhood: Close to top‑rated schools, parks, City Park, the lakefront, dining, shopping, and downtown.; Spacious living: 10 bedrooms and 6 bathrooms, with multiple independent bedrooms, full kitchens, living areas, bathrooms, and laundry rooms on each side.
