$600,000
$650,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
729 31 FERN ST New Orleans, LA 70118
4 Beds
2 Baths
2,652 SqFt
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $226
MLS Listing ID 2540441
Sold Date 03/06/26
Style Spanish
Bedrooms 4
Full Baths 2
Construction Status Very Good Condition
HOA Y/N No
Year Built 1931
Lot Size 3,689 Sqft
Acres 0.0847
Property Sub-Type Duplex
Property Description
Ideal investment opportunity in East Carrollton in a prime location, just off Maple St with convenient access to the streetcar on both St Charles Ave and S Carrollton Ave. Owned and meticulously maintained by the same owner for 30 years, this property has consistently attracted strong tenant demand and has experienced minimal vacancies. Each unit features off-street parking, in-unit washer and dryer, and a generous outdoor space – a porch downstairs and balcony upstairs – rare and welcome amenities for this neighborhood!
The downstairs unit, currently rented for $2,600, went through a complete renovation in 2021 with solid oak hardwood floors, granite countertops, custom cabinetry, updated HVAC, and a stylish bathroom with a Jack and Jill layout.
The upper unit is in good condition and offers a bright, functional layout along with a generous private balcony. The unit is currently rented for $2,250 per month, providing immediate income with established tenancy. Current leases expire on June 30
Zoned HU-B1, the property allows for a variety of residential and commercial uses, offering flexibility and long-term value in a mixed-use neighborhood. With strong existing rents, separate utilities, and an unbeatable Uptown location just steps from the streetcar line, this duplex presents a rare opportunity to acquire a high-performing asset in one of New Orleans' most sought-after areas.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Exterior Feature Balcony, Porch
Parking Features Driveway, Two Spaces
Water Access Desc Public
Roof Type Flat,Shingle
Porch Balcony, Porch
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 716105702
Special Listing Condition None
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