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  • Price cut: $3.5K (6/28)
    $199,500

    2338-40 Annette St, New Orleans, LA 70119

    6beds
    2,100sqft
    : 
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    Duplex, Multi Family, Multi Family
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $95/sqft
    $-- HOA

    What's special

    Outdoor spaceUpdated bathroom
    Turnkey Investment in the Historic 7th Ward – Cash Flowing Day One! Don't let this income-producing double pass you by! Nestled in one of New Orleans' most culturally vibrant and rapidly appreciating neighborhoods, this duplex is the kind of steady, reliable investment savvy buyers dream about. Both units are currently tenant occupied, meaning you start collecting rent from the moment you close. Each unit has 3 bedrooms and 1 full bath. This property was renovated in 2011 with updated electrical, plumbing, updated bathroom and kitchen. Whether you're a seasoned investor growing your portfolio or a first-time buyer ready to house-hack in one of NOLA's most storied neighborhoods, the bones are here and the numbers work. Located just minutes from the Tremé, the French Quarter, and the Marigny, the 7th Ward continues to attract strong tenant demand and long-term neighborhood investment. Historic charm, outdoor space, and immediate cash flow — this one checks all the boxes. Opportunities like this don't stay on the market long. Schedule your showing today!
    75 days
    |
    166
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Palazzo 985-807-1072,

    Red Door Realty, Inc. 504-393-6343

    Source: GSREIN,MLS#: 2552876MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Window Unit
      Cooling
      • Window Unit(s)
      Interior area
      • Total interior livable area: 2,100 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 3,200 Square Feet
      • Dimensions: 40 x 80
      • Features: City Lot, Rectangular Lot
      Details
      • Parcel number: 1204
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex, Multi Family, Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Raised
      • Roof: Shingle
      Condition
      • Average Condition
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Not a Subdivision
      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $95/sqft
      • Date on market: 4/15/2026
      • Tenant pays: Electricity, Gas, Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,481/mo

        Price history

        DateEventPrice
        6/28/2026Price change$199,500-1.7%$95/sqft
        Source: GSREIN #2552876 Report a problem
        4/27/2026Listed for sale$203,000+9.7%$97/sqft
        Source: GSREIN #2552876 Report a problem
        7/19/2024Listing removed--
        Source: GSREIN #2433160 Report a problem
        5/15/2024Listed for sale$185,000$88/sqft
        Source: GSREIN #2433160 Report a problem
        4/13/2024Contingent$185,000$88/sqft
        Source: GSREIN #2433160 Report a problem
        3/30/2024Listed for sale$185,000$88/sqft
        Source: GSREIN #2433160 Report a problem
        3/12/2024Contingent$185,000$88/sqft
        Source: GSREIN #2433160 Report a problem
        2/7/2024Listed for sale$185,000$88/sqft
        Source: GSREIN #2433160 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Seventh Ward

        Getting around

        74 / 100
        Very Walkable
        47 / 100
        Some Transit
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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