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Image 1 - 417 40th Street, Lakeview, New Orleans, LA 70124, USA - House for sale

Image 2 - 417 40th Street, Lakeview, New Orleans, LA 70124, USA - House for sale

Image 3 - 417 40th Street, Lakeview, New Orleans, LA 70124, USA - House for sale

Image 4 - 417 40th Street, Lakeview, New Orleans, LA 70124, USA - House for sale

Image 5 - 417 40th Street, Lakeview, New Orleans, LA 70124, USA - House for sale

Image 6 - 417 40th Street, Lakeview, New Orleans, LA 70124, USA - House for sale

Image 7 - 417 40th Street, Lakeview, New Orleans, LA 70124, USA - House for sale

Image 8 - 417 40th Street, Lakeview, New Orleans, LA 70124, USA - House for sale

Home For Sale In New Orleans, Louisiana

417 40th Street, Lakeview, New Orleans, LA 70124, USA

Home For Sale In New Orleans, Louisiana

house for sale

3 views

Listed: 05/15/24

417 40th Street, Lakeview, New Orleans, LA 70124, USA

6 Bed:

4 Bath:

3,050 Sq Ft Living Area:

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Price

$ 519,000

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About This House

Attention investors! Dont miss out on the opportunity to own this income-generating property in the sought-after Lakeview neighborhood of New Orleans. Conveniently located just one block from Fleur De Lis Park and within walking distance to the New Orleans lakefront, this newly renovated duplex is attractive for tenants and owner occupants alike. The kitchen features granite countertops, modern cabinets, and stainless-steel appliances that will remain. A private, fenced backyard with a patio for each unit offers dedicated space for morning coffee, cookouts, relaxing, and pets. Upstairs is currently rented at $2000 per month with long-term tenants. Downstairs is currently vacant and listed for rent at $1900 per month. The owner is also selling another duplex MLS #2434646.Buy both properties for four easily rentable, well-maintained units that are sure to be outperformers of your investment portfolio.

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Lakeshore Housing & Living

Household Income

Median household income: $38,423

Number of households: 155,104

The average household income in New Orleans, LA grew from $36,999 to $38,423 in the past year. This data is an estimate based upon 155,104 households in New Orleans, LA.
The chart below presents how household income is distributed in New Orleans, LA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Orleans, LA compared to median property taxes around the country. The prevalent amount of property taxes in New Orleans, LA equals $3k+ , which is less than the national average.

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