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Navarre Double with Income Potential

5640 CATINA Street New Orleans, LA 70124

5640 CATINA Street, New Orleans, LA, 70124
$499,000
For Sale
$499,000

MULTI_FAMILY - New Orleans, LA

Property Size4,610 SF
Price / SF$108.24
Days on Market77

Property Features for 5640 CATINA Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Exterior features
Fence
Fencing
Fenced
Standard status
Active
APN
206301824
Size
4,610 SF

Taxes and HOA fees

Tax Description
1. SQ 428 LOTS 44 45 CATINA 2. 25X120 EACH 3. 5640-42 CATINA ST

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1957
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency REVE, REALTORS
4827 Prytania St, New Orleans, LA
Listed by Lara Schultz · License #000075293
Added: May 2 Checked: Jul 17 at 10:06 am
MLS# 2555372 Listing URL

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 10-bedroom, 6-bathroom double in the Navarre neighborhood generates $4,000 per month in rental income. Each of the two units includes multiple independent bedrooms, a full kitchen, living areas, dedicated bathrooms, and in-unit laundry with washer/dryers. The property features off-street driveway parking. Located in Flood Zone X, it offers lower insurance costs. A new roof is planned for 2026, and a new fence has been installed. The Navarre neighborhood provides access to schools, parks, City Park, the lakefront, and dining, shopping, and downtown. The property, situated on a 4,610 square foot lot, is suitable for investors seeking cash flow or buyers looking for multi-generational living.

Key Highlights

  • Strong cash flow: Currently generating $4,000/month in rental income with potential for increased rents.
  • Desirable Navarre neighborhood: Close to top‑rated schools, parks, City Park, the lakefront, dining, shopping, and downtown.
  • Spacious living: 10 bedrooms and 6 bathrooms, with multiple independent bedrooms, full kitchens, living areas, bathrooms, and laundry rooms on each side.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Oxford House Canal Housing Cooperative

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Auto Parts Store Nail Salon Pharmacy Barber Shop Spa & Massage Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey 10-bedroom duplex in desirable New Orleans neighborhood.
Where is this duplex located?
The property is located at 5640 CATINA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Strong cash flow: Currently generating $4,000/month in rental income with potential for increased rents.; Desirable Navarre neighborhood: Close to top‑rated schools, parks, City Park, the lakefront, dining, shopping, and downtown.; Spacious living: 10 bedrooms and 6 bathrooms, with multiple independent bedrooms, full kitchens, living areas, bathrooms, and laundry rooms on each side.
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