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3-Bedroom Duplex Under Renovation
For Sale
$142,500
Pending

1864 FARRAGUT Street, New Orleans, LA 70114

Multi-Family, Traditional, New Orleans, LA

Property Size2,814 SF
Lot Size0.15 Acres
Days on Market180

Property Features for 1864 FARRAGUT Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Off Street
Lot features Regular
Standard status Pending
APN 513504111
Size 2,814 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description SOUTH N O SQ 13 PT 22, LOT 23, PT 24 OR 23-A 55 X 118 1864/1866 FARRAGUT
Legal Description SOUTH N O SQ 13 PT 22, LOT 23, PT 24 OR 23-A 55 X 118 1864/1866 FARRAGUT

Utilities

Water source Public

Building Details

Year built 1945
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Vanessa Parnell · License #000018598
Added: Mar 6 Changed: Aug 26 Last Checked: Sep 2 at 4:06PM
MLS# 2546305

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 2,814-square-foot duplex at 1864 Farragut Street is configured with two residences, each offering three bedrooms, a full bathroom upstairs, and a half bathroom on the lower level. The interior has been gutted, with studs replaced where needed. Exterior work completed in 2025 includes the shingle roof, gutters, siding, windows, and doors. Some electrical wiring and boxes are already in place, while plumbing and HVAC installation remain necessary.

The 0.149-acre property includes rear access for off-street parking and is served by public water. Built in 1945, the building is positioned for completion as a two-unit residential property in New Orleans. Its existing room configuration and substantial exterior updates provide a defined framework for the remaining construction work.

Key Highlights

  • Two‑unit duplex with 2,814 SF of building area
  • Each unit has 3 bedrooms, an upstairs full bathroom, and a downstairs half bathroom
  • New roof, gutters, siding, windows, and doors installed in 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Skin Care Clinic HVAC Service Electrical Service

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

437
Businesses Nearby

Demographics for 70114, LA

23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
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 - Each residence offers a three-bedroom layout with upstairs full and downstairs half bathrooms, plus rear off-street parking access.
Where is this duplex located?
The property is located at 1864 FARRAGUT Street New Orleans, LA.
What is the asking price?
The asking price for this property is $142,500.
What are key features of this property?
This property features: Two‑unit duplex with 2,814 SF of building area; Each unit has 3 bedrooms, an upstairs full bathroom, and a downstairs half bathroom; New roof, gutters, siding, windows, and doors installed in 2025
More about this property
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