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Updated Duplex with In-Unit Laundry
For Sale
$220,000

8021 23 Arcadia Ln, New Orleans, LA 70128

Two-unit property with separate utilities, assigned parking, central HVAC, and private laundry facilities in each residence.

Property Size2,201 SF
Price / SF$99.95
Days on Market14

Property Features for 8021 23 Arcadia Ln

General Information

Standard status Active
Size 2,201 SF
Property subtype Multi-Family

Additional Details

Gross Income $34,800
Utilities to Site Yes
Multifamily Units 2

Amenities

Central AC & Heat
In-unit laundry
Exterior storage rooms

Building Details

Year Built 1979
Listing Agency: Service 1st Real Estate
Listed By: Rickey Bolton Jr. · License #995700958
Source: Dominionplace
Added: Aug 19 Changed: Aug 29 Last Checked: Aug 31 at 7:36PM

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 Service 1st Real Estate

Investment Insights

Based on property information with market context.

This 2,201-square-foot duplex, built in 1979, offers two residential units with spacious rooms, ample closet storage, and in-unit laundry on both sides. Recent improvements include new flooring and additional interior updates. Each residence also has an exterior storage room, designated parking, and separate water and electric meters. Central AC and heat serve the building, while the yard provides shared outdoor space.

The property is located at 8021 23 Arcadia Ln in New Orleans, Louisiana, and is identified as being in an X Flood Zone. Both units are currently rented, providing an existing income-producing configuration. The layout and separate utility metering support continued operation as a duplex, with features suited to either an owner-occupied arrangement or a fully rented property.

Key Highlights

  • 2,201‑square‑foot duplex built in 1979
  • New flooring and other interior updates
  • In‑unit laundry and exterior storage for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center HVAC Service Big Box & Wholesale Store Grocery & Convenience Store

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 70128, LA

18,260
Population
8,609
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
3,804
Density / Sq Mi
$53,538
Median Household Income
$36,218
Median Earnings
$1,210
Median Rent
$220,200
Median Home Value

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 - Two-unit property with separate utilities, assigned parking, central HVAC, and private laundry facilities in each residence.
Where is this duplex located?
The property is located at 8021 23 Arcadia Ln New Orleans, LA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 2,201‑square‑foot duplex built in 1979; New flooring and other interior updates; In‑unit laundry and exterior storage for each unit
More about this property
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