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6 Beds
2 Baths
2,100 sqft

$195,000

2338-40 ANNETTE Street, New Orleans LA, 70119

Price per sqft$92.86
Built in1974
Property size2,100 sqft
Property typeMulti-family
Courtesy of Mark Palazzo with Red Door Realty, Inc.

Overview

Active

Listed Apr 27, 2026

Updated Aug 26

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!

$1,297/mo

Est. mortgage payment based on a $195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2552876

Interior Features

Bedrooms
6
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No
MLS provider logo

Listing Contact: (985) 807-1072 

Based on information from the Gulf South Real Estate Information Network as of 8/26/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:55 AM UTC, 8/26/2026

 

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