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Renovated Duplex with Rental Income
For Sale
$225,000
Pending

8813 FIG Street, New Orleans, LA 70118

MULTI_FAMILY - New Orleans, LA

Property Size2,800 SF
Days on Market49

Property Features for 8813 FIG Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Patio and Porch features Porch
Exterior features Fence, Porch
Fencing Fenced
Lot features Irregular
Subdivision Hollygrove
Standard status Pending
APN 8815-13
Size 2,800 SF

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1930
Floors in Building 2
Number of units 1
Roof type Shingle
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices Preferred, REALTOR
Listed By: Bennett Pourciau · License #995684716
Added: Jun 25 Changed: Jul 22 Last Checked: Aug 12 at 10:06AM
MLS# 2564825

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 duplex has been used as a rental income property by its current owners since 2008. The property was renovated in 2020 as an investment and rental asset. It presents a configuration well suited to an owner-occupied double, with the option to rent out a separate unit while maintaining one unit for personal use.

Located in the New Orleans area, the property provides convenient access to the wider city via the Earhart Expressway and/or Carrollton Ave, making it practical for residents and tenants commuting throughout the metro.

For buyers and investors, this duplex is positioned as a straightforward, ready-to-start rental opportunity following its 2020 renovation. For an owner-occupant, the layout supports having rental income from a second unit while you live in the property. The current offering is presented as ready for new ownership and new tenants.

Key Highlights

  • Duplex built in 1930, currently used as a rental income property since 2008
  • Renovated in 2020 for use as an investment/rental property
  • Central heating and central air conditioning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Nail Salon Dental Office Skin Care Clinic

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
Highway access

Location Intelligence

Trade Area within ½ mile

619
Businesses Nearby

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Renovated in 2020 and used as a rental since 2008, offering a flexible owner-occupied or income setup.
Where is this duplex located?
The property is located at 8813 FIG Street New Orleans, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex built in 1930, currently used as a rental income property since 2008; Renovated in 2020 for use as an investment/rental property; Central heating and central air conditioning
More about this property
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