5313 Wickfield Drive, New Orleans, LA 70122

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
5313 Wickfield Drive,New Orleans, LA 70122
$170,000
  • 4 Beds
  • 2 Baths
  • 1,665 sq. ft.
  • Multi-family
  • Active
Listed by:david ernst
Office:keller williams realty new orleans
MLS#:2518563
Source:LA_CLBOR

Price summary

  • Price:$170,000
  • Price per sq. ft.:$102.1

About this home

Income-Producing Double in Filmore Gardens! Well-maintained double offering two separate units, each with 2 bedrooms and 1 bathroom. Both units are occupied and producing a combined $2,100/month ($25,200/year) in rental income, with tenants responsible for their own utilities. Property highlights: Solid rental history with $25,200 annual gross income Owner-owned refrigerators, stoves, and dishwashers in both units Tenants pay utilities, keeping operating costs lower Annual expenses: Flood insurance $1,082, Property insurance est. $5,500, Taxes $2,352 With 20% down and 7% financing, projected cash-on-cash return ~16% at the $170K asking price Great opportunity for investors or owner-occupants This property delivers reliable cash flow and a strong return in today’s market.

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Home facts

  • Year built:1950
  • Listing ID #:2518563
  • Added:7 day(s) ago
  • Updated:September 03, 2025 at 03:01 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,665 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1950
  • Building area:1,665 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$170,000
  • Price per sq. ft.:$102.1