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Renovated Shotgun Duplex Property
For Sale
$189,000
Pending

7016 FIG Street, New Orleans, LA 70125

MULTI_FAMILY - New Orleans, LA

Property Size1,776 SF
Lot Size0.10 Acres
Days on Market197

Property Features for 7016 FIG Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Patio and Porch features Porch
Exterior features Porch
Lot features Regular
Standard status Pending
APN 615316416
Size 1,776 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description MARLYVILLE SQ 33 LOT 20 FIG 30X151 7016-18 FIG DU-W FILE #95544 5/09
Legal Description MARLYVILLE SQ 33 LOT 20 FIG 30X151 7016-18 FIG DU-W FILE #95544 5/09

Utilities

Water source Public

Building Details

Year built 1922
Floors in Building 1
Number of units 2
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Stephen Leaumont
Added: Jan 15 Changed: Jul 24 Last Checked: Jul 31 at 10:06AM
MLS# 2538323

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 side-by-side double/duplex property is described as a shotgun-style layout and was renovated by the previous owner in 2021. Each unit offers an open living room and kitchen arrangement with granite counters. Unit 7016 includes an inside laundry area, one full bath, and two bedrooms.

Unit 7018 also features an open living room and kitchen with granite counters, along with inside laundry located across from one full bath. Unit 7018 has three bedrooms, with the last bedroom independent of the other two, according to the listing remarks. The rear area is shared and measures 30 x 151, per tax records.

The property is positioned as a duplex that can support an owner-occupant setup or be rented on both sides, with the opportunity structured around collecting rental income to support ownership. Additional details such as specific finishes, building systems, or financing terms are not provided in the listing information.

Key Highlights

  • Duplex: Ideal for owner‑occupant or investor, offering rental income potential from the second unit.
  • Renovated in 2021: Provides modern updates and reduces immediate maintenance concerns.
  • Granite Countertops & Stainless Steel Appliances: Both units feature desirable kitchen upgrades.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center Law Firm Real Estate Agency Dental Office Nail Salon Hair Salon

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby

Demographics for 70125, LA

17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
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 - Renovated side-by-side duplex with two units, inside laundry, and a shared rear lot area per tax records.
Where is this duplex located?
The property is located at 7016 FIG Street New Orleans, LA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Duplex: Ideal for owner‑occupant or investor, offering rental income potential from the second unit.; Renovated in 2021: Provides modern updates and reduces immediate maintenance concerns.; Granite Countertops & Stainless Steel Appliances: Both units feature desirable kitchen upgrades.
More about this property
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