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Duplex with Rental Unit
New
For Sale
$265,000

3121 N Galvez St, New Orleans, LA 70117

Two-unit residential income property with a larger owner’s residence, separate rental space, parking, and an oversized lot.

Property Size2,530 SF
Price / SF$104.74
Days on Market7

Property Features for 3121 N Galvez St

General Information

Standard status Active
Size 2,530 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1949
Listing Agency: KELLER WILLIAMS REALTY 455-0100
Listed By: Joyce Guidroz · License #995682077
Source: Fiorellaavenue
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 30 at 8:12PM

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 KELLER WILLIAMS REALTY 455-0100

Investment Insights

Based on property information with market context.

This duplex contains 2,530 square feet across two residential units. The larger unit offers 3 bedrooms and 2 bathrooms, while the second unit provides 1 bedroom and 1 bathroom. The layout supports owner occupancy in the larger residence with a separate unit for rental use.

The property sits on an oversized lot with on-site parking, a practical feature for an urban residential setting. Built in 1949, the building combines an established structure with a two-unit configuration suited to residential income ownership.

Key Highlights

  • Two‑unit duplex with 2,530 square feet
  • Larger unit includes 3 bedrooms and 2 bathrooms
  • Second unit offers 1 bedroom and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Parking Lot & Garage Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical 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

478
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 - Two-unit residential income property with a larger owner’s residence, separate rental space, parking, and an oversized lot.
Where is this duplex located?
The property is located at 3121 N Galvez St New Orleans, LA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,530 square feet; Larger unit includes 3 bedrooms and 2 bathrooms; Second unit offers 1 bedroom and 1 bathroom
More about this property
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