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Victorian Duplex
For Sale
$487,000

138-40 S GAYOSO Street, New Orleans, LA 70119

Multifamily, New Orleans, LA

Property Size4,164 SF
Lot Size0.09 Acres
Price / SF$116.95
Days on Market35

Property Features for 138-40 S GAYOSO Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Patio and Porch features Porch
Standard status Active
APN 105204114
Size 4,164 SF
Lot size 0.09 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description SQ 631 LOT 16 SO GAYOSO AND CLEVELAND 33' 3" X 120' 138-40 S GAYOSO ST *HE 02-H/E LTC#02-021,9/10/03
Legal Description SQ 631 LOT 16 SO GAYOSO AND CLEVELAND 33' 3" X 120' 138-40 S GAYOSO ST *HE 02-H/E LTC#02-021,9/10/03

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Window Unit(s), Central Air
Water source Public

Building Details

Year built 1930
Number of units 2
Building materials Wood Siding
Architectural style Victorian
Buildings 1
Listing Agency: Keller Williams Realty Serv.
Listed By: Louis Williams · License #000073679
Added: Sep 21 Changed: Oct 24 Last Checked: Oct 25 at 4:06PM
MLS# 2577514

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 4,164-square-foot Victorian duplex was built in 1930 and sits on a 0.0916-acre lot in New Orleans. Interior features include wood floors, substantial millwork, transoms, tall windows, decorative fireplaces, and original tile details. The property has six bedrooms and four bathrooms, along with spacious kitchens and a covered front porch.

One side is tenant occupied. The rear garden may be opened to provide access for rear parking. Fireplaces are non-functional and are sold as-is, without warranty.

Key Highlights

  • 4,164‑square‑foot Victorian duplex built in 1930
  • 0.0916‑acre lot in New Orleans
  • Six bedrooms and four bathrooms

Property Analytics

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Location Intelligence

Trade Area within ½ mile

2,704
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A 1930 residence pairs period architectural details with one tenant-occupied side.
Where is this duplex located?
The property is located at 138-40 S GAYOSO Street New Orleans, LA.
What is the asking price?
The asking price for this property is $487,000.
What are key features of this property?
This property features: 4,164‑square‑foot Victorian duplex built in 1930; 0.0916‑acre lot in New Orleans; Six bedrooms and four bathrooms
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