1140 42 Touro Street, New Orleans, LA 70116
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
Listed by: chris smith
Office: keller williams realty new orleans
MLS#:2578654
Source:LA_GSREIN
Price summary
- Price:$499,000
- Price per sq. ft.:$175.03
About this home
95% FINANCING PLUS AN $8,000 GRANT that can be applied toward the down payment, closing costs, a permanent interest-rate buydown, or buyer-agent compensation—with NO REPAYMENT required! NO income limit, NO mortgage insurance, and first-time homebuyer status is not required.<br><br>
Positioned in the very heart of the Faubourg Marigny, this exceptional NEW construction duplex delivers what buyers are always searching for but rarely find.<br><br>
Only 1 block off Saint Claude Avenue, 4 blocks to the world renowned French Quarter, and 2 blocks to Elysian Fields Avenue. This is true walkability. True connectivity. True New Orleans energy.<br><br>
Step outside and you are moments from neighborhood favorites including The Ruby Slipper Cafe, Hotel Peter & Paul, Who Dat Coffee Cafe, AYU Bakehouse, and Robert Fresh Market, plus an endless collection of beloved local restaurants, coffee shops, music venues, and nightlife. The lifestyle here is unmatched.<br><br>
The property itself is a superbly constructed duplex featuring 3 separate bedrooms and 2 FULL baths in EACH unit. Thoughtfully designed open floor plans create a seamless flow between living, dining, and kitchen spaces, enhanced by abundant natural light and a spacious, modern feel.<br><br>
Situated on an enviable corner lot, the home offers Gated Off Street Parking for 2 vehicles, a rare and valuable amenity in this location.<br><br>
Built with modern construction standards and energy efficient materials, this residence offers:<br>
• NEW Construction<br>
• Functional double pane windows<br>
• Modern insulation for efficiency and comfort<br>
• Quality contemporary building materials throughout<br>
• NEW HOME Builder Warranty<br>
• 5 Year Home Builder Warranty<br>
• Located in an X Flood Zone that has NEVER Flooded<br>
• Low Homeowner’s Insurance of approximately $4,539 annually<br><br>
This is not simply another duplex. This is a strategic purchase in one of the most vibrant and culturally rich neighborhoods in the city. Ideal for owner occupancy, multi generational living, or investment with strong rental appeal.<br><br>
Opportunities like this do not linger. If you value location, quality construction, and long term upside, you owe it to yourself to see this property in person.<br><br>
Be there....
Contact an agent
Home facts
- Year built:2026
- Listing ID #:2578654
- Added:31 day(s) ago
- Updated:October 26, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,851 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:2026
- Building area:2,851 sq. ft.
- Lot Features:City Lot, Corner Lot
- Architectural Style:Traditional
- Construction Materials:Frame, HardiPlank Type, Wood Siding
- Exterior Features:Balcony, Courtyard, Fence, Patio, Porch
- Foundation Description:Raised
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,000
- Price per sq. ft.:$175.03
Parking
- Parking description:Driveway, Two Spaces
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