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Two-Unit Duplex with Front Porch
New
For Sale
$429,000

3305 BANKS Street, New Orleans, LA 70119

Multi-Family, Traditional, New Orleans, LA

Property Size3,413 SF
Lot Size0.08 Acres
Price / SF$125.70
Days on Market3

Property Features for 3305 BANKS Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Patio and Porch features Porch
Exterior features Fence, Porch
Fencing Fenced
Lot features Regular
Subdivision Mid-City
Standard status Active
APN 105206422
Size 3,413 SF
Lot size 0.08 Acres

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

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1935
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Dominique Dennoun · License #995706278
Added: Oct 11 Changed: Oct 13 Last Checked: Oct 13 at 10:06PM
MLS# 2581173

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 1935 duplex contains two residences totaling 3,413 square feet on a 0.0828-acre lot. One unit has four bedrooms and 1.5 baths; the other includes three bedrooms and 1.5 baths. A front porch, fenced exterior, shingle roof, central heating, and central air conditioning are among the property’s features. Public water serves the building.

One unit is tenant-occupied, and the other is available for owner occupancy or rental use. The property is on Banks Street in New Orleans, near neighborhood restaurants, shops, and everyday amenities.

Key Highlights

  • Two residences: one with 4 bedrooms and 1.5 baths, the other with 3 bedrooms and 1.5 baths
  • 3,413 square feet on a 0.0828‑acre lot
  • Built in 1935

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Butcher Carpet & Flooring Store Garden Center

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

2,063
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - One residence is occupied by a tenant, while the second can be used by an owner or offered for rent.
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 residences: one with 4 bedrooms and 1.5 baths, the other with 3 bedrooms and 1.5 baths; 3,413 square feet on a 0.0828‑acre lot; Built in 1935
More about this property
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