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Renovated Duplex with Separate Units
For Sale
$199,500

5227-5229 CANNES Street, New Orleans, LA 70129

Two residential units offer distinct layouts with tenant-paid utilities and owner-managed lawn care.

Property Size2,509 SF
Price / SF$79.51
Days on Market488

Property Features for 5227-5229 CANNES Street

General Information

Standard status Active
Size 2,509 SF
Property subtype Multi Family

Units

Unit Mix 3 bed 1.5 bath, 2 bed 1 bath
Multifamily Units 2

Building Details

Year Built 1984
Listing Agency: Properties Unlimited Realty LLC
Listed By: Angie Beasley · License #995710755
Source: Exitrealty
Added: May 4, 2025 Changed: Sep 2 Last Checked: Sep 2 at 9:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Properties Unlimited Realty LLC

Investment Insights

Based on property information with market context.

This duplex, built in 1984, contains 2,509 square feet across two separate residential units. The 5227 side includes 3 bedrooms and 1.5 bathrooms, while the 5229 side provides 2 bedrooms and 1 bathroom. The property has been renovated, and the roof is about 5 yrs old.

Tenants pay their own utilities, with lawn care handled by the owner. The property is located at 5227-5229 Cannes Street in New Orleans, Louisiana. Showings require an appointment and are limited to approved buyers; please do not disturb the occupants.

Key Highlights

  • 2,509‑square‑foot duplex with two separate residential units
  • 5227 unit includes 3 bedrooms and 1.5 bathrooms
  • 5229 unit includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Daycare Center Bakery Grocery & Convenience Store Building Supply

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

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 70129, LA

10,884
Population
3,727
Households
2.9
Avg Household Size
32
Median Age
21%
College-Educated
72%
High-School Grad
90.9 sq mi
ZIP Area
120
Density / Sq Mi
$53,811
Median Household Income
$35,356
Median Earnings
$890
Median Rent
$170,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer distinct layouts with tenant-paid utilities and owner-managed lawn care.
Where is this duplex located?
The property is located at 5227-5229 CANNES Street New Orleans, LA.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: 2,509‑square‑foot duplex with two separate residential units; 5227 unit includes 3 bedrooms and 1.5 bathrooms; 5229 unit includes 2 bedrooms and 1 bathroom
More about this property
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