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Renovation-Ready Duplex
For Sale
$119,000

2003 Spain St, New Orleans, LA 70117

Corner-lot duplex with private driveway, updated roof, framing, and windows, ready for completion.

Property Size2,448 SF
Price / SF$48.61
Days on Market20

Property Features for 2003 Spain St

General Information

Standard status Active
Size 2,448 SF
Property subtype Multi-Family
Zoning HU-RD2

Property Condition

Severity Major Repairs Needed
Evidence Fully gutted

Additional Details

Multifamily Units 2

Building Details

Year Built 1960
Buildings 1
Listing Agency: Nola Living Realty
Listed By: April Brown · License #995703119
Source: Hospitalityrealty
Added: Aug 13 Changed: Aug 31 Last Checked: Aug 31 at 3:25PM

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 Nola Living Realty

Investment Insights

Based on property information with market context.

This 2,448-square-foot duplex, built in 1960, is configured for renovation and completion. The interior has been fully gutted, while key improvements include a 2021 roof, completed framing, and replacement windows. The property is classified under HU-RD2 zoning.

Positioned on a corner lot, the property includes a private driveway that provides off-street parking. Its existing duplex configuration and current renovation status offer a defined starting point for completing the building.

Key Highlights

  • 2,448‑square‑foot duplex on a corner lot
  • Fully gutted interior ready for completion
  • Roof replaced in 2021

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Accounting Firm Bakery Skin Care Clinic

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

682
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot duplex with private driveway, updated roof, framing, and windows, ready for completion.
Where is this duplex located?
The property is located at 2003 Spain St New Orleans, LA.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: 2,448‑square‑foot duplex on a corner lot; Fully gutted interior ready for completion; Roof replaced in 2021
More about this property
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