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Two-Unit Duplex Income Property
For Sale
$275,000

1936-1938 FRANKLIN Avenue, New Orleans, LA 70117

MULTI_FAMILY - New Orleans, LA

Property Size2,175 SF
Lot Size0.06 Acres
Price / SF$126.44
Days on Market761

Property Features for 1936-1938 FRANKLIN Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Lot features 1-5 Acres
Standard status Active
APN 38W109718
Size 2,175 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description SQ 921 PT LOT 19 OR G FRANKLIN AVE 30 X 88 DBLE/FR 12/RM S/R 1936-38 FRANKLIN AVE SEE E RECORD
Legal Description SQ 921 PT LOT 19 OR G FRANKLIN AVE 30 X 88 DBLE/FR 12/RM S/R 1936-38 FRANKLIN AVE SEE E RECORD

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Floors in Building 1
Number of units 1
Roof type Shingle
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Crystal Parker
Added: Jul 1, 2024 Changed: Jul 13 Last Checked: Jul 31 at 1:06PM
MLS# 2458285

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 property is a duplex containing two separate units, each with two bedrooms and one bathroom. One unit (1936) is tenant occupied on a month-to-month basis. The other unit (1938) is currently vacant and partially completed, with the kitchen and bathroom not fully finished.

The property is listed for sale as-is. The seller notes that the unit (1938) must be completed prior to occupancy and advises that entry into unit (1938) is at the buyer’s own risk, with no owner liability. The listing does not specify any repairs that will be completed.

The address is 1936–1938 Franklin Avenue, New Orleans, LA 70117, with a total property size of 2,175 square feet on a 0.0606-acre lot.

Key Highlights

  • Duplex in the desirable St. Roch neighborhood.
  • Easy access to the French Quarter, I‑10 & I‑610.
  • Investment opportunity or owner‑occupied potential.

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
50%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

414
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units; one tenant-occupied and the other partially completed and vacant.
Where is this duplex located?
The property is located at 1936-1938 FRANKLIN Avenue 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: Duplex in the desirable St. Roch neighborhood.; Easy access to the French Quarter, I‑10 & I‑610.; Investment opportunity or owner‑occupied potential.
More about this property
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