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Two-Unit Duplex
For Sale
$429,000

3305 BANKS Street, New Orleans, LA 70119

Multifamily, New Orleans, LA

Property Size3,413 SF
Lot Size0.08 Acres
Price / SF$125.70
Days on Market13

Property Features for 3305 BANKS Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 3
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 7, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 3
Patio and Porch features Porch
Standard status Active
APN 105206422
Size 3,413 SF
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description SQ 681 LOT 22 BANKS 30' X 120' 2" 3305-07 BANKS
Legal Description SQ 681 LOT 22 BANKS 30' X 120' 2" 3305-07 BANKS

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

front porch

Building Details

Year built 1935
Number of units 2
Building materials Wood Siding
Architectural style Other
Buildings 1
Listing Agency: Homesmart Realty South - Metairie · HomeSmart International
Listed By: Dominique S Dennoun · License #995706278
Added: Oct 11 Changed: Oct 23 Last Checked: Oct 23 at 2:06PM
MLS# 2581173

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,413-square-foot duplex at 3305 Banks Street contains two residences: one with four bedrooms and 1.5 baths, and another with three bedrooms and 1.5 baths. One unit is tenant-occupied; the other may accommodate an owner or be used as a rental. Built in 1935, the property has wood siding and a front porch, with central heating and air conditioning.

The duplex is in New Orleans’ Mid-City neighborhood, near restaurants, shops, and everyday amenities. The 0.0828-acre property is served by public water and sewer, and natural gas is available.

Key Highlights

  • Two residential units with 4 bedrooms and 1.5 baths, and 3 bedrooms and 1.5 baths
  • One unit is tenant‑occupied
  • 3,413 square feet on a 0.0828‑acre lot

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,063
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Central heating and air conditioning serve the property, which also features a front porch.
Where is this duplex located?
The property is located at 3305 BANKS Street New Orleans, LA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two residential units with 4 bedrooms and 1.5 baths, and 3 bedrooms and 1.5 baths; One unit is tenant‑occupied; 3,413 square feet on a 0.0828‑acre lot
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