Double Shotgun Duplex With Fenced
2329 ROUSSEAU Street New Orleans, LA 70115
2329 ROUSSEAU Street, New Orleans, LA, 70115
$349,000
For Sale
$349,000
MULTI_FAMILY - New Orleans, LA
Property Size1,640 SF
Lot Size0.07 Acres
Price / SF$212.80
Days on Market353
Property Features for 2329 ROUSSEAU Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 2329-ROUSSEAUST
- Size
- 1,640 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- 1. SQ 45 LOT 79 ROUSSEAU 31X100 2. =3100 SQ FT 3. FILE #15921
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
REVE, REALTORS
(504) 300-0700
Listed by
Allison Forister · License #995717640
(504) 300-0700
Added: Aug 5, 2025 Updated: Jul 21 at 12:02PM Checked: Jul 23 at 3:06AM
MLS# 2515424
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 brand-new-roof duplex is a classic New Orleans double shotgun built in 1940, offering a total of 1,640 square feet across two side-by-side units. Each unit features 2 bedrooms and 1 bathroom, with original hardwood and brick flooring and 12-foot ceilings. Interior details include three brick-accented fireplaces, tall windows, and period-style finishes. Both units come with a full appliance package, including a refrigerator, stove, oven, dishwasher, microwave, washer, and dryer. A fenced backyard provides private outdoor space.
The property is located at 2329 Rousseau Street in the Irish Channel, just blocks from Magazine Street. The home sits on a 31 x 100 lot with easy street parking available.
For sale as a multifamily opportunity, this setup provides two identical unit layouts within a single building.
The property is located at 2329 Rousseau Street in the Irish Channel, just blocks from Magazine Street. The home sits on a 31 x 100 lot with easy street parking available.
For sale as a multifamily opportunity, this setup provides two identical unit layouts within a single building.
Key Highlights
- Brand new roof.
- Prime Irish Channel location, blocks from Magazine Street.
- Multi‑family (double shotgun) property with two units.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.0k | $13.44 |
| − Vacancy | −$1.9k | −$1.16 |
| EGI | $20.1k | $12.28 |
| − OpEx | −$6.0k | −$3.68 |
| NOI | $14.1k | $8.60 |
1,640 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.4K
$176.2K – $234.9K
NOI $14,096 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$178.5K
$156.2K – $208.3K
NOI $12,496 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$432.7K
$378.6K – $504.8K
NOI $30,288 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - 1940-built duplex with two side-by-side 2BR/1BA units, 12-foot ceilings, and included appliance packages.
Where is this duplex located?
The property is located at 2329 ROUSSEAU Street New Orleans, LA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Brand new roof.; Prime Irish Channel location, blocks from Magazine Street.; Multi‑family (double shotgun) property with two units.
