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!
Active
Price cut: $4.5K (8/25)
$195,000
2338-40 Annette St, New Orleans, LA 70119
6beds
2,100sqft
Duplex, Multi Family, Multi Family
Built in 1974
-- sqft lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
Outdoor spaceUpdated bathroom
- 124 days
- 94
- 8
Zillow last checked:
Listing updated:
Listed by:
Mark Palazzo 985-807-1072,
Red Door Realty, Inc. 504-393-6343
Source: GSREIN,MLS#: 2552876
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: $93/sqft
- Date on market: 4/15/2026
- Tenant pays: Electricity, Gas, Water
Estimated market value
Not available
Estimated sales range
Not available
$2,285/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $195,000-2.3%$93/sqft |
Source: | ||
| 6/28/2026 | Price change | $199,500-1.7%$95/sqft |
Source: | ||
| 4/27/2026 | Listed for sale | $203,000+9.7%$97/sqft |
Source: | ||
| 7/19/2024 | Listing removed | -- |
Source: | ||
| 5/15/2024 | Listed for sale | $185,000$88/sqft |
Source: | ||
| 4/13/2024 | Contingent | $185,000$88/sqft |
Source: | ||
| 3/30/2024 | Listed for sale | $185,000$88/sqft |
Source: | ||
| 3/12/2024 | Contingent | $185,000$88/sqft |
Source: | ||
| 2/7/2024 | Listed for sale | $185,000$88/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








