New Orleans, LA Residential Income Properties for Sale

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Lacombe, LA Gretna, LA Metairie, LA Harvey, LA Marrero, LA Arabi, LA Westwego, LA Chalmette, LA

815 properties

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Updated: Jul 10

Two-Story Duplex with Unfinished Addition

2220 BROADWAY Street, New Orleans, LA 70118

$599,000

4,105 sqft

Classic New Orleans two‑story double with partially completed renovation, sold as‑is where‑is.
Central heat and central air, with off‑street parking and a shingle roof.
Renovation details include a waterfall‑edge marble island, farmhouse sink, white shaker cabinetry, and marble backsplash in the kitchen.
Original hardwood floors in main living areas, with recessed lighting and painted rooms in soft blue‑gray tones.
Bathroom features floor‑to‑ceiling marble tile and a glass‑enclosed tub/shower with brushed gold fixtures.

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2220 BROADWAY Street, New Orleans, LA 70118

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$52K
Annual
Mortgage

$720K
Feb 2022
Last Sold

Feb 2022
$810K
Property Type

Quadplex
Built 1930

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Updated: Jun 11

Greek Revival Fourplex Investment

1010 PHILIP Street, New Orleans, LA 70130

$1,050,000

6,000 sqft

Historic Victorian 4‑plex built in 1863 with Greek Revival style elements
Four units, each about 1,500 SF, with a similar layout and generous room sizes
Original wood floors, mantles, medallions, and light fixtures plus modern updates
Large private laundry rooms in each unit and separated meters
Central heating and central air; public water source

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Renovated Victorian Multifamily with Balconies

1414 MAGAZINE Street, New Orleans, LA 70130

$1,495,000

5,016 sqft

Fully renovated seven-unit Victorian offers modern in-unit laundry and private balconies within a preserved historic interior.

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Historic Duplex Income Property

1911-15 Octavia Street, New Orleans, LA 70115

$1,200,000

5,028 sqft

Historic duplex with restored interior details, two units, detached garage, and basement laundry area.

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Greek Revival Multi-Unit Compound

920 LOUISIANA Avenue, New Orleans, LA 70115

$2,795,000

4,843 sqft

A fenced, multi-structure historic compound with main residence plus carriage and pool house spaces for flexible living.

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Updated Duplex with Private Driveways

3717-19 NASHVILLE Avenue, New Orleans, LA 70125

$639,000

3,553 sqft

Freshly updated 2-unit duplex featuring two 3-bedroom, 2-bath owner units, each with its own driveway.

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Flexible Multi-Unit Residential Property

3608 ELAINE Place, New Orleans, LA 70119

$1,075,000

4,193 sqft

Distinct entries and multiple living areas support rental income, guest stays, or owner-occupied flexibility.

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Charming 7-Unit Multifamily Property

931-35 Dauphine Street, New Orleans, LA 70116

$1,500,000

4,880 sqft

Seven-unit multifamily with a 1½-story Creole Cottage and rear studio building, featuring courtyards and balconies.

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Updated Duplex With Private Outdoor Space

2242 STATE Street, New Orleans, LA 70118

$795,000

2,367 sqft

Updated duplex with two units, each with private outdoor access, plus dual entry parking and an on-site storage shed.

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Arts and Crafts Duplex with Balconies

1452 VERNA Court, New Orleans, LA 70119

$875,000

2,533 sqft

Renovated upper unit plus a separate downstairs living space with private entries, porches, and separate utilities.

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Victorian Duplex with Two Apartments

1206-08 Milan Street, New Orleans, LA 70115

$1,400,000

6,185 sqft

Move-in ready duplex features two-bedroom, two-bath owner’s unit plus separate two-bedroom, two-bath apartment.

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Camelback Duplex with Garden House

1021 POLAND Avenue, New Orleans, LA 70117

$599,900

2,944 sqft 0.12 AC lot

Zoned HMR-3, this maintained duplex includes bonus rooms and a fenced patio plus an accessory garden house.

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Two-Story Duplex with Solar

2405 07 MILAN Street, New Orleans, LA 70115

$549,000

2,878 sqft

Spacious two-story duplex with two bedrooms and 2.5 baths per side, renovated interiors, and solar on the owner’s side.

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Mixed-Use Property with Retail

324 Chartres Street, New Orleans, LA 70130

$1,600,000

5,250 sqft

Mixed-use building with ground-floor retail and two fully furnished apartments above, with recent roof and HVAC updates.

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Historic Fourplex with Separate Entrances

1411 TERPSICHORE Street, New Orleans, LA 70130

$889,000

4,990 sqft

Historic Greek Revival 4-plex with tenant-ready units, separate electric meters, and outdoor space for each residence.

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Duplex with Historic Architectural Design

4072 STATE STREET Drive, New Orleans, LA 70125

$749,000

4,069 sqft

Two 3-bedroom, 2-bath residences with updated HVAC, on-demand water heaters, generator, and off-street parking.

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Contemporary Duplex with Private Backyard

819 North Villere Street, New Orleans, LA 70116

$615,000

2,327 sqft

Contemporary duplex includes a 2-bedroom primary residence and a separate 3-bedroom rental home with covered outdoor entertaining.

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Historic Double Gallery Duplex

910 PLEASANT Street, New Orleans, LA 70115

$1,075,000

3,155 sqft

Built in 1890, this three-story Greek Revival duplex features an attached renovated rear living quarters with flexible access.

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French Quarter Tri-Plex Residence

622-24 Burgundy Street, New Orleans, LA 70112

$795,500

2,567 sqft

Well-maintained tri-plex built in 1841 with in-unit washer and dryer, hardwood floors, and central HVAC.

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Camelback Duplex with Garden House

1021 POLAND Avenue, New Orleans, LA 70117

$599,900

2,944 sqft 0.12 AC lot

A maintained camelback duplex with bonus rooms and a garden house, offering flexible living and outdoor space on a fenced lot.

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Renovated Fourplex in Freret Corridor

2714 Milan Street, New Orleans, LA 70115

$764,000

5,749 sqft

Renovated fourplex near Ochsner Baptist with strong rental income.

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Income-Producing Triplex in New Orleans

1863 N ROCHEBLAVE Street, New Orleans, LA 70119

$525,000

5,150 sqft

Triplex with strong cash flow potential in New Orleans.

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Updated Duplex with Dual Entry Parking

2242-44 State Street, New Orleans, LA 70118

$795,000

2,367 sqft

Updated duplex with in-unit washers and dryers, fenced yard, and private outdoor space for each unit.

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University Area Triplex

1620 BROADWAY Street, New Orleans, LA 70118

$575,000

3,311 sqft

Well-maintained triplex with a spacious upper 4-bedroom unit plus two 1-bedroom, 2-bath apartments and shared laundry.

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New Orleans, LA Residential Income Properties Market Trends and Statistics

Explore 815 residential income properties for sale in New Orleans, LA, showcased through 815 active listings on our real estate platform. These investment opportunities span a total of 2,654,083 square feet of properties for sale, with an estimated market value of $459,056,691.

Sale prices for residential income properties in New Orleans, LA start at $50,000, averaging $580,349, and reaching up to $9,177,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 414K

Population Growth (5Y) -0.1%

Median Household Income $59,924

College Educated 19.9%

High-Yield Neighborhoods for Investment

Identify New Orleans submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
70128	$175K
70122	$329.2K
70126	$329.8K
70125	$351.7K
70124	$420.6K

Taxes & Financing

Tax Rate (average for all types) 12.50%

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in New Orleans fall within the 10,000 to 25,000 square foot range.

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