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Two-Unit Duplex with Renovation Needs
For Sale
$275,000

1936-1938 Franklin Ave, New Orleans, LA 70117

Two residential units include one occupied apartment and one vacant unit requiring completion.

Property Size2,175 SF
Price / SF$126.44
Days on Market18

Property Features for 1936-1938 Franklin Ave

General Information

Standard status Active
Size 2,175 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence partially completed

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Year Built 1964
Buildings 1
Listing Agency: Homesmart Realty South
Listed By: Crystal Parker
Source: Dominionplace
Added: Aug 14 Changed: Aug 30 Last Checked: Aug 31 at 6:45PM

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 Homesmart Realty South

Investment Insights

Based on property information with market context.

Built in 1964, this 2,175-square-foot duplex contains two apartments, each with two bedrooms and one bathroom. The unit associated with 1936 Franklin Ave is occupied under a month-to-month tenancy, while the 1938 unit is vacant. The vacant apartment has partially completed kitchen and bathroom work and must be finished before occupancy. The property is offered in its current as-is condition, with no repairs planned by the owner.

Located in New Orleans’ St. Roch neighborhood, the property provides access to the French Quarter as well as I-10 and I-610. The building is configured for separate residential living spaces, with the existing tenancy and vacant unit offering distinct occupancy conditions.

Key Highlights

  • 2,175‑square‑foot duplex built in 1964
  • Two bedrooms and one bathroom in each unit
  • 1936 unit occupied by a month‑to‑month tenant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Law Firm Bakery HVAC 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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

627
Businesses Nearby

Demographics for 70117, LA

28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two residential units include one occupied apartment and one vacant unit requiring completion.
Where is this duplex located?
The property is located at 1936-1938 Franklin Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,175‑square‑foot duplex built in 1964; Two bedrooms and one bathroom in each unit; 1936 unit occupied by a month‑to‑month tenant
More about this property
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