116 S NORMAN C FRANCIS Pkwy, New Orleans, LA 70119
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116 S NORMAN C FRANCIS Pkwy, New Orleans, LA 70119
116 S NORMAN C FRANCIS Pkwy, New Orleans, LA 70119
116 S NORMAN C FRANCIS Pkwy, New Orleans, LA 70119
116 S NORMAN C FRANCIS Pkwy, New Orleans, LA 70119

$449,000

Est. payment /mo

$449,000

Est.Price: ?

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116 S NORMAN C FRANCIS Pkwy New Orleans, LA 70119

7 Beds

4.5 Baths

4,390 SqFt

SOLD DATE : 06/05/2026

Key Details

Sold Price $449,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,390 sqft

Price per Sqft $102

MLS Listing ID 2549904

Sold Date 06/05/26

Style Traditional

Bedrooms 7

Full Baths 4

Half Baths 1

Construction Status Excellent

HOA Y/N No

Year Built 1970

Property Sub-Type Duplex

Property Description

Exceptional mixed-use opportunity in the heart of New Orleans! This expansive 4300 sq. ft. property features two fully renovated units (2017), offering the perfect combination of modern living and strong income potential. The owner's unit showcases a beautifully updated 4-bedroom, 2.5-bath layout with high end finishes and thoughtful design throughout. The second unit spans approximately 1600 sq. ft. and offers 3 bedrooms and 2 bathrooms, providing consistent income-producing capability.

Historically generating $4200/month ($50,400 annually), this property delivers an estimated ~7.9% cap rate at the current list price, making it an exceptional opportunity for both investors and owner-occupants. Zoned for both residential and commercial use, the flexibilty allows for a wide range of possibilities, including live/work, long term rental, or business use. Rare chance to own a high performing, fully renovated asset in one of New Orleans' most desirable areas.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Fence

Parking Features None, Off Street

Water Access Desc Public

Roof Type Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Excellent

Others

Tax ID 24/053

Financing VA

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Realty One Group Immobilia
Bought with Bennette Dukes Realty LLC

NEARBY SCHOOLS & BUSINESSES

Kendrick Jumpierre

Kendrick Jumpierre

Rêve | Realtor | License ID: SALE.995693736-ACT

+1(504) 881-5968

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