Check out this investment opportunity in the heart of New Orleans' historic 7th Ward! This property was fully renovated in 2021, the property features two spacious units. One side offers 2 bedrooms and 1 full bath, while the other boasts 3 bedrooms and 2.5 baths, providing ample living space and comfortable layouts. Both units are equipped with central air and heat for year-round comfort. The property also includes off-street parking, a highly desirable amenity in this vibrant neighborhood. Conveniently located just minutes from the world-famous French Quarter and the iconic Caesars Superdome. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers an outstanding opportunity in one of New Orleans' most culturally rich neighborhoods.
Active
$385,000
1538-40 N Roman St, New Orleans, LA 70116
5beds
2,475sqft
:
Get pre-qualified$2,579/mo
Duplex, Multi Family, Multi Family
Built in 1957
-- sqft lot
$371,400 Zestimate®
$156/sqft
$-- HOA
What's special
Off-street parkingTwo spacious units
- 59 days |
- 80 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Jimmie McFarland 504-915-0219,
Powerhouse Realty Group 504-203-5773
Source: GSREIN,MLS#: 2561355
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Interior area
- Total interior livable area: 2,475 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street, Three or more Spaces
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Porch
- Pool features: None
Lot
- Size: 2,325 Square Feet
- Dimensions: 31 x 75
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 1540NROMAN
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- HardiPlank Type
- Foundation: Raised
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $156/sqft
- Date on market: 6/5/2026
- Tenant pays: Electricity, Gas, Water
Estimated market value
$371,400
$353,000 - $390,000
$2,046/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $385,000-2.5%$156/sqft |
Source:  GSREIN #2561355 Report a problem | ||
| 6/25/2025 | Listing removed | $395,000$160/sqft |
Source: GSREIN #2481564 Report a problem | ||
| 5/22/2025 | Price change | $395,000-7.1%$160/sqft |
Source: GSREIN #2481564 Report a problem | ||
| 1/6/2025 | Listed for sale | $425,000-2.3%$172/sqft |
Source: GSREIN #2481564 Report a problem | ||
| 5/11/2023 | Listing removed | $435,000$176/sqft |
Source: GSREIN #2393608 Report a problem | ||
| 5/10/2023 | Listed for sale | $435,000-10.3%$176/sqft |
Source: GSREIN #2393608 Report a problem | ||
| 4/18/2023 | Listing removed | $484,900$196/sqft |
Source: GSREIN #2353383 Report a problem | ||
| 11/29/2022 | Price change | $484,9000%$196/sqft |
Source: GSREIN #2353383 Report a problem | ||
| 7/11/2022 | Listed for sale | $485,000$196/sqft |
Source: GSREIN #2353383 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Seventh Ward
Nearby schools
GreatSchools rating
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 1.6 mi
- NAWarren Easton Senior High SchoolGrades: 9-12Distance: 1.4 mi
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 4.5 mi
- $--1 bd1 ba850 sqft1438-1440 N Roman St #1438, New Orleans, LA 70116Off Market
- $250,0004 bd2 ba1.9k sqft1870-72 N Roman St, New Orleans, LA 70116For Sale
- $348,5001 bd1 ba850 sqft1438-1440 N Roman St, New Orleans, LA 70116Off Market
- $193,8001 bd1 ba-- sqft813-15 N Roman St, New Orleans, LA 70116Off Market
- $215,0002 bd2 ba940 sqft1548 N Roman St, New Orleans, LA 70116For Sale
- $--3 bd1 ba1.2k sqft1565 N Roman St, New Orleans, LA 70116Off Market
- $255,200-- bd-- ba1.4k sqft1568 N Roman St, New Orleans, LA 70116Off Market
- $216,8001 bd1 ba2.3k sqft1567 N Roman St, New Orleans, LA 70116Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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