729-31 Fern Street, New Orleans, LA 70118
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
729-31 Fern Street,New Orleans, LA 70118
$650,000
- - Beds
- - Baths
- 2,652 sq. ft.
- Multi-family
- Pending
Listed by: lauren richmond
Office: re/max n.o. properties
MLS#:NO2540441
Source:LA_RAAMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$245.1
About this home
Ideal investment opportunity in East Carrollton in a prime location, just off Maple St with convenient access to the streetcar on both St Charles Ave and S Carrollton Ave. Owned and meticulously maintained by the same owner for 30 years, this property has consistently attracted strong tenant demand and has experienced minimal vacancies. Each unit features off-street parking, in-unit washer and dryer, and a generous outdoor space - a porch downstairs and balcony upstairs - rare and welcome amenities for this neighborhood! The downstairs unit, currently rented for $2,600, went through a complete renovation in 2021 with solid oak hardwood floors, granite countertops, custom cabinetry, updated HVAC, and a stylish bathroom with a Jack and Jill layout. The upper unit is in good condition and offers a bright, functional layout along with a generous private balcony. The unit is currently rented for $2,250 per month, providing immediate income with established tenancy. Current leases expire on June 30 Zoned HU-B1, the property allows for a variety of residential and commercial uses, offering flexibility and long-term value in a mixed-use neighborhood. With strong existing rents, separate utilities, and an unbeatable Uptown location just steps from the streetcar line, this duplex presents a rare opportunity to acquire a high-performing asset in one of New Orleans' most sought-after areas.
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Home facts
- Listing ID #:NO2540441
- Added:9 day(s) ago
- Updated:February 10, 2026 at 11:17 AM
Rooms and interior
- Living area:2,652 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Heat
Structure and exterior
- Roof:Composition
- Building area:2,652 sq. ft.
- Lot area:0.08 Acres
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$245.1
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