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Owner-Occupied Duplex with Income Units
For Sale
$725,000

5420 22 Garfield Street, New Orleans, LA 70115

Duplex offering an owner-occupied upper 4-bed, 2-bath unit and a lower 3-bed, 2-bath income unit.

Days on Market72

Property Features for 5420 22 Garfield Street

General Information

Standard status Active
Property subtype Multi Family Home

Additional Details

Multifamily Units 2

Building Details

Year Built 1923
Listing Agency: Hospitality Realty
Listed By: April Brown · License #995705288
Source: Nolalivingrealty
Added: May 21 Changed: Jul 25 Last Checked: Jul 30 at 12:04PM

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 Hospitality Realty

Investment Insights

Based on property information with market context.

This owner-occupied duplex provides two separate residential units. The spacious upper unit features 4 bedrooms and 2 bathrooms, while the lower unit offers 3 bedrooms and 2 bathrooms, supporting on-site income. Interior details include wood floors and abundant natural light throughout.

Located just off St. Charles Avenue in New Orleans, the property places residents near streetcar access, restaurants, shopping, and universities, with Uptown-area conveniences nearby.

The building also presents an option to explore converting it into a single-family home, depending on what is feasible for the property.

Key Highlights

  • Duplex with an owner‑occupied upper unit plus a separate lower income unit
  • Upper unit features 4 bedrooms and 2 bathrooms
  • Lower unit features 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Grocery & Convenience Store Building Supply Kitchen & Bath Showroom 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

1,632
Businesses Nearby

Demographics for 70115, LA

31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
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 - Duplex offering an owner-occupied upper 4-bed, 2-bath unit and a lower 3-bed, 2-bath income unit.
Where is this duplex located?
The property is located at 5420 22 Garfield Street New Orleans, LA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Duplex with an owner‑occupied upper unit plus a separate lower income unit; Upper unit features 4 bedrooms and 2 bathrooms; Lower unit features 3 bedrooms and 2 bathrooms
More about this property
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