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    8533 Forshey St New Orleans, LA 70118

    For Sale
    $229,000

    Arts and Crafts, Duplex - New Orleans, LA

    Type:Duplex
    Property size:
    1,512 SF
    Lot size:
    0.12 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 8533 Forshey St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Parking features
    Driveway
    Patio and Porch features
    Porch
    EntryLevel
    1
    Exterior features
    Porch
    Size
    1,512 SF
    Lot size
    0.12 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
    Other

    Rêve | Realtors (504) 300-0700 [email protected]

    Listing agent Joey Walker (504) 300-0700

    Listing date Sep 29, 2025

    MLS# 2504849 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

    Renovated Duplex in New Orleans

    This renovated duplex presents an investment opportunity in New Orleans, situated four blocks from South Carrollton Avenue. The property features two classic shotgun-style units, each containing 2 bedrooms and 1 bathroom. Both units include updated kitchens and baths, central HVAC, and off-street parking. The property is fully leased and generates $2,200 in monthly rental income. Tenants are responsible for their own utilities. The 0.1209-acre lot contains a 1,512 square feet property. Convenient access to I-10, public transportation, and nearby shopping enhances long-term rental appeal. This duplex is available individually or as part of a seven-property package, all situated on the same square. The property is located at 8533 FORSHEY Street, New Orleans, LA 70118.
    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
    -90.1175616
    Latitude
    29.9657631

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    FAQs

    What type of property is this?
    Duplex - Income-generating duplex with modern updates in a high-demand location.
    Where is this duplex located?
    The property is located at 8533 Forshey St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: - Fully leased duplex generating $2,200 monthly rental income.; - Located in a high-demand New Orleans location, four blocks from South Carrollton Avenue.; - Each unit features 2 bedrooms and 1 bathroom with updated kitchens and baths.
    (504) 300-0700
    Request Owner's contact information
    8533 Forshey St New Orleans, LA 70118
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    New Orleans, LA 70118
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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
    8533 Forshey St New Orleans, LA 70118
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