LKV Realty
Logo
$325,000
$1,650Reward *
1940 42 ALLEN TOUSSAINT Boulevard, New Orleans, LA 70122Listing ID 2543526

1940 42 ALLEN TOUSSAINT Boulevard, New Orleans, LA 70122

Active
Time on site: 179 daysLast updated: May 28, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,904
Days on Site
Days on Site
122
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1983
Stories
Stories
2
Parking
Parking
Carport

Turnkey Income-Producing Duplex in a Prime New Orleans Location<br><br> Income-generating duplex offering both stability and upside in a desirable Gentilly neighborhood. Market rent for each unit is $1700-$1900. Whether you're expanding your portfolio or seeking a smart house-hack opportunity, this property delivers immediate value and long-term potential.<br><br> Each 3-bedroom/2 bathroom spacious unit features generous living areas filled with natural light and functional floor plans designed for comfortable everyday living. Downstairs showcases durable ceramic tile flooring for easy maintenance, while the upstairs bedrooms highlight beautiful original hardwood floors that bring warmth, charm, and timeless New Orleans character. Neutral paint throughout creates a clean, modern aesthetic ready for any tenant’s personal touch.<br><br> Exterior amenities add even more appeal, including covered parking, a dedicated driveway for both units, and ample off-street parking — a true convenience in the city. A private fenced yard provides inviting outdoor space perfect for relaxing or entertaining.<br><br> Move-in ready, this duplex offers versatility, strong rental appeal, and solid income potential. Live in one unit and offset your mortgage, or lease both units and enjoy consistent cash flow.<br><br> An exceptional opportunity to own a performing asset in a sought-after location just steps to University of New Orleans, Lakefront, Ben Franklin High School, Lakefront Arena, and Hynes-UNO Charter School.<br>

Property Information

Property Details

Location

Address
1940 42 ALLEN TOUSSAINT Boulevard
County
Orleans
City
New Orleans
Zip Code
70122

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
4

Building

Building Information

Square Feet
2,904
Year Built
1983
Stories
2
Construction
Brick
Foundation
Slab
Roof
Shingle
Condition
Excellent

Financial

Special Conditions
None
Compass Uptown, (504) 866-2785

Market Report for 70122

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: ROAM MLS, LLC
ROAM MLS, LLC logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed

For corrections to this data please contact Brytecore MLS Support.

JAVOJONE • MCCLENME