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Off market
  • $249,500

    5430 N Miro St, New Orleans, LA 70117

    10beds
    3,237sqft
    Townhouse
    Built in 2012
    0.26 Acres Lot
    $249,500 Zestimate®
    $77/sqft
    $2,700 Estimated rent

    Home value

    $249,500

    $227,000 - $269,000

    $2,700/mo

    Zestimate® history
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    $2,700/mo

    Rent Zestimate®

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    $1,279/mo

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    $1,279/mo

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    What's special

    **Investment Opportunity: Fully Renovated Multi-Family Property in New Orleans** Discover the perfect investment at 5430 N Miro Street, New Orleans, LA 70131—an exceptional property featuring two fully remodeled duplexes, each offering modern amenities and solid rental income. This turn-key opportunity boasts four occupied units generating a combined monthly income of $4,400 ($52,800 annually), making it an ideal choice for investors seeking reliable cash flow and passive income. The property includes one duplex with 2-bedroom, 1-bath units on each side, showcasing a durable architectural shingle roof. The second duplex offers 3-bedroom, 1-bath units, protected by a 4-year-old metal roof. All units were completely renovated in February 2023, featuring central air and heat, ceiling fans, and washer/dryer hookups. With backyard spaces and two-car parking lanes for each unit, this property provides comfort and convenience to tenants, ensuring consistent occupancy and income. Both buildings have passed annual New Orleans Section 8 inspections, and the property has been meticulously maintained. Recent upgrades include two new AC units installed in June 2024, guaranteeing low maintenance costs for years to come. This well-maintained, property is fully occupied, with tenants in place for over two years, demonstrating a 100% occupancy rate since acquisition. Detailed rent rolls and lease terms are available upon request. Don’t miss this rare opportunity to secure a high-performing asset in a prime New Orleans location. Schedule you're viewing today and start building your real estate portfolio with this outstanding investment.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    Appliances
    • Included: Garbage disposal, Range / Oven, Refrigerator
    Features
    • Flooring: Laminate
    Interior area
    • Total interior livable area: 3,237 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 39W509313

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 2012

    Community & HOA

    Location
    • Region: New Orleans

    Financial & listing details

    • Price per square foot: $77/sqft
    • Tax assessed value: $225,600
    • Annual tax amount: $2,978

    Price history

    DateEventPrice
    5/12/2025Listing removed$498,500$154/sqft
    Source: GSREIN #2476096 Report a problem
    11/15/2024Price change$498,500+0.6%$154/sqft
    Source: GSREIN #2476096 Report a problem
    11/12/2024Price change$495,500-0.6%$153/sqft
    Source: Owner Report a problem
    8/13/2024Listed for sale$498,500+66.7%$154/sqft
    Source: Owner Report a problem
    10/19/2022Sold--
    Source: GSREIN #2350966 Report a problem
    7/23/2022Price change$299,000-6.6%$92/sqft
    Source: GSREIN #2350966 Report a problem
    7/18/2022Price change$320,000-5.9%$99/sqft
    Source: GSREIN #2350966 Report a problem
    6/23/2022Listed for sale$340,000$105/sqft
    Source: GSREIN #2350966 Report a problem
    12/19/1983Sold--
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$2,978 $22,560
    2025$2,978 -1.5%$22,560
    2024$3,023 +47.1%$22,560 +60%
    2023$2,055 +8.3%$14,100 +4.6%
    2022$1,897 -6.6%$13,480 -4.4%
    2021$2,030 $14,100
    2020-- $14,100 +1.4%
    2019$2,100 $13,900
    2018$2,100 $13,900
    2017$2,100 -1.9%$13,900
    2016$2,142 +1.5%$13,900 -10%
    2015$2,110 $15,440
    2014$2,110 -8.1%$15,440
    2013$2,295 $15,440 +438%
    2012-- $2,870 +16.2%
    2010-- $2,470
    2009-- $2,470
    2007-- $2,470 -70.9%
    2006-- $8,500
    2004-- $8,500 +153%
    2002-- $3,360
    2001-- $3,360
    2000-- $3,360
    Find assessor info on the county website

    Neighborhood: Lower 9th Ward

    Nearby schools

    GreatSchools rating
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