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  • $74,950

    5415 Elysian Fields Ave, New Orleans, LA 70122

    4beds
    3,048sqft
    : 
    $533/mo
    Get pre-qualified
    Duplex, Multi Family, Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $25/sqft
    $-- HOA

    What's special

    Generous lotSpacious backyard
    Investor special with exceptional potential! Located in the established Milneburg/Gentilly neighborhood, this approximately 3,048 living sq. ft. duplex has been gutted to the studs, providing a blank canvas for your next project. Whether you're looking to restore it as an income-producing duplex, convert it into a spacious single-family residence, create a multi-generational home, or renovate for resale, the possibilities are endless. The property offers solid bones and retains its original footprint, allowing investors and contractors to focus on rebuilding rather than demolition. Situated on a generous lot, the property also features a spacious backyard and ample off-street parking for five or more vehicles, with additional space for a boat, trailer, or future outdoor entertaining area. Conveniently located with easy access to the University of New Orleans, Dillard University, Lake Pontchartrain, City Park, I-10, shopping, restaurants, and downtown New Orleans, this property combines a desirable location with incredible upside. Whether your vision is to maximize rental income or create a stunning single-family home, this property offers the flexibility to make it happen. An excellent opportunity for investors, builders, or buyers ready to transform a property with tremendous potential.
    2 days
    |
    304
    |
    21
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacob Zakris 504-236-3833,

    McCarthy Group REALTORS 504-322-7337

    Source: GSREIN,MLS#: 2570872MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Other
      Cooling
      • None
      Interior area
      • Total interior livable area: 3,048 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Two Spaces
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 6,390 Square Feet
      • Dimensions: 45 x 142
      • Features: City Lot, Rectangular Lot
      Details
      • Parcel number: 38W421513
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Acadian
      • Property subtype: Duplex, Multi Family, Multi Family
      Materials
      • Brick, Shingle Siding, Shake Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Poor Condition
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $25/sqft
      • Tax assessed value: $262,300
      • Annual tax amount: $3,462
      • Date on market: 8/6/2026
      • Tenant pays: Electricity, Gas, Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/6/2026Listed for sale$74,950$25/sqft
        Source: GSREIN #2570872 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$3,462 $26,230
        2025$3,462 -1.5%$26,230
        2024$3,515 +57.9%$26,230 +18.6%
        2023$2,226 -25.1%$22,110 +4.6%
        2022$2,973 -6.6%$21,130 -4.4%
        2021$3,183 $22,110
        2020-- $22,110 +24%
        2019$2,694 +62.5%$17,830
        2018$1,658 $17,830
        2017$1,658 -12.2%$17,830
        2016$1,889 +2.3%$17,830
        2015$1,846 $17,830
        2014$1,846 +14.4%$17,830
        2013$1,614 $17,830
        2012-- $17,830 +532.3%
        2011-- $2,820
        2010-- $2,820
        2009-- $2,820
        2007-- $2,820 -71.1%
        2004-- $9,750
        Find assessor info on the county website

        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: Milneburg

        Getting around

        59 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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