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    1231-33 Flanders St, New Orleans, LA 70114

    4beds
    --sqft
    Duplex
    Built in 1950
    -- sqft lot
    $256,800 Zestimate®
    $--/sqft
    $1,548 Estimated rent

    Home value

    $256,800

    $229,000 - $288,000

    $1,548/mo

    Zestimate® history
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    $1,548/mo

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    What's special

    Welcome to this superb investment property that's already a cash cow! Currently fully occupied and generating $2600 per month in rental income, this property surpasses the 1% rule effortlessly. Both units are leased to great tenants who wish to stay. This property provides a stable income stream. Separate water and electric meters. Recently renovated to pristine standards, each unit boasts 2 bedrooms and 1 bath, featuring brand-new appliances, including washer/dryer units. Enjoy the modern touch of new ceramic tile throughout, ensuring easy maintenance with no carpet in sight.Convenience is key with off-street parking available for each unit, situated in a quiet, well-established neighborhood. This low-maintenance property promises hassle-free ownership and consistent rental income.Whether you're considering owner occupancy or expanding your investment portfolio, this property presents an exceptional opportunity not to be missed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa B McClendon,

    Nola Home Realty Group,

    Jennifer A Burch,

    Nola Home Realty Group

    Bought with:

    Courtnay Brumfield, 995708623

    Key Turner Realty LLC

    Source: ROAM MLS,MLS#: 2456992MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Interior area
    • Total structure area: 1,814

    Property

    Parking
    • Parking features: Assigned, Driveway, Off Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 5,898 Square Feet
    • Dimensions: 50 x 116
    • Features: Other
    Details
    • Parcel number: 513702215

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Brick, Other
    • Foundation: Slab
    Condition
    • Year built: 1950
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Not Available

    Community & HOA

    Location
    • Region: New Orleans

    Financial & listing details

    • Date on market: 7/5/2024
    • Tenant pays: Electricity, Water

    Price history

    DateEventPrice
    12/23/2025Listed for sale$250,000+2%
    Source: GSREIN #2535454 Report a problem
    9/10/2024Sold--
    Source: ROAM MLS #2456992 Report a problem
    8/2/2024Contingent$245,000
    Source: GSREIN #2456992 Report a problem
    7/5/2024Listed for sale$245,000
    Source: GSREIN #2456992 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Behrman

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $256,800

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $256,800