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Renovated Duplex Property
For Sale
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Pending

3032 Spain St, New Orleans, LA 70122

Two-unit residential property with updated kitchens, bathrooms, flooring, paint, and roofing completed in 2022.

Property SizeContact for details
Days on Market145

Property Features for 3032 Spain St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Gross Income $24,000
Multifamily Units 2

Building Details

Year Renovated 2022
Listing Agency: Aim To Please Realty
Listed By: Mofid Tamam · License #NV.B1001903
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:55PM

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 Aim To Please Realty

Investment Insights

Based on property information with market context.

This duplex contains two residential units and was remodeled in 2022. The improvements included a new roof, updated flooring, fresh paint, and renovated kitchens and bathrooms.

Both units have been rented through Section 8 for 10 years. The property is located at 3032 Spain St in New Orleans, Louisiana, and the contract is assignable.

Key Highlights

  • Two‑unit duplex at 3032 Spain St, New Orleans, LA 70122
  • Section 8 rental history spanning 10 years
  • 2022 remodeling included a new roof, flooring, paint, kitchens, and bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop 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

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby

Demographics for 70122, LA

34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
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 - Two-unit residential property with updated kitchens, bathrooms, flooring, paint, and roofing completed in 2022.
Where is this duplex located?
The property is located at 3032 Spain St New Orleans, LA.
What are key features of this property?
This property features: Two‑unit duplex at 3032 Spain St, New Orleans, LA 70122; Section 8 rental history spanning 10 years; 2022 remodeling included a new roof, flooring, paint, kitchens, and bathrooms
More about this property
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