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Duplex
For Sale
$275,000

1936-1938 FRANKLIN Avenue, New Orleans, LA 70117

Multifamily, New Orleans, LA

Property Size2,175 SF
Lot Size0.06 Acres
Price / SF$126.44
Days on Market846

Property Features for 1936-1938 FRANKLIN Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Standard status Active
APN 38W109718
Size 2,175 SF
Lot size 0.06 Acres

Additional Details

Tenant in Place Yes

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

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1964
Number of units 2
Building materials Shake Siding, Vinyl Siding
Architectural style Shotgun
Listing Agency: Homesmart Realty South - Metairie · HomeSmart International
Listed By: Crystal D Parker · License #995696723
Added: Jul 1, 2024 Changed: Oct 23 Last Checked: Oct 24 at 12:06AM
MLS# 2458285

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 2,175-square-foot shotgun-style duplex was built in 1964 and contains two units, each with two bedrooms and one bathroom. The unit at 1936 is tenant occupied on a month-to-month basis. The 1938 unit is vacant, with kitchen and bathroom work partially complete; it requires further completion before occupancy. The property is being sold as-is, with no repairs planned.

The property is in New Orleans’ St. Roch neighborhood, with access to the French Quarter and I-10 and I-610. Central heating and air conditioning serve the building. Public water and sewer are available, along with natural gas.

Key Highlights

  • Two units, each with two bedrooms and one bathroom
  • 2,175 square feet on a 0.0606‑acre lot
  • Built in 1964; shotgun architectural style

Property Analytics

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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
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 - One residence is occupied month to month; the second needs kitchen and bathroom work before it can be occupied.
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: Two units, each with two bedrooms and one bathroom; 2,175 square feet on a 0.0606‑acre lot; Built in 1964; shotgun architectural style
More about this property
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