Search
1915 Duplex with Renovation Opportunity
For Sale
$275,000

320 S CORTEZ Street, New Orleans, LA 70119

Multi-Family, Traditional, New Orleans, LA

Property Size2,200 SF
Price / SF$125
Days on Market39

Property Features for 320 S CORTEZ Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Off Street
Patio and Porch features Porch
Exterior features Balcony, Fence, Porch
Fencing Fenced
Lot features Regular
Subdivision Mid City
Standard status Active
APN 105302417
Size 2,200 SF

Taxes and HOA fees

Tax Description SQ 729 LOT 18 SOUTH CORTEZ 30' X 138' 6'' 320-22 SO CORTEZ
Legal Description SQ 729 LOT 18 SOUTH CORTEZ 30' X 138' 6'' 320-22 SO CORTEZ

Utilities

Heating system Central
Cooling system Window Unit(s), Central Air
Water source Public

Amenities

fenced backyard
detached storage shed

Building Details

Year built 1915
Floors in Building 1
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: REVE, REALTORS
Listed By: Jonathan Schmitt · License #995704677
Added: Aug 28 Changed: Sep 25 Last Checked: Oct 5 at 11:06AM
MLS# 2569684

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.

Built in 1915, this 2,200-square-foot duplex combines a substantially finished owner’s residence with a second unit requiring comprehensive renovation. The completed side includes 14-foot ceilings, hardwood flooring, decorative millwork, exposed brick, original wood elements, transom windows, multiple fireplaces, and large windows. Its kitchen is equipped with wood cabinetry, granite counters, stainless steel appliances, a center island, and additional storage.

The property also includes a fenced backyard shaded by mature trees, a detached storage shed, balcony, porch, off-street parking, and public water service. Heating is listed as central, while cooling includes window units and central air. The main house is set up for HVAC installation but currently has no HVAC units. Known foundation separation and the extensive work required in the second unit should be considered in planning the property’s renovation.

Key Highlights

  • 2,200‑square‑foot duplex built in 1915
  • Finished owner’s side features 14‑foot ceilings, hardwood floors, exposed brick, original woodwork, and multiple fireplaces
  • Kitchen includes granite countertops, stainless steel appliances, center island, and storage

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Daycare Center Butcher Wine and Liquor Store

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

2,196
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - One residence is finished with original architectural details, while the second unit requires comprehensive renovation.
Where is this duplex located?
The property is located at 320 S CORTEZ Street 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: 2,200‑square‑foot duplex built in 1915; Finished owner’s side features 14‑foot ceilings, hardwood floors, exposed brick, original woodwork, and multiple fireplaces; Kitchen includes granite countertops, stainless steel appliances, center island, and storage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again