3304 Metropolitan Street New Orleans, LA $ 345,000
3304 Metropolitan Street
$ 345,000
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3304 Metropolitan Street

New Orleans, LA, 70126
$ 345,000
Bedrooms8 Baths4.2 Sq 2,996

Monthly Estimate*

$ 2,124

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Multi-Family Home for sale in New Orleans, LA

for $345,000 with 8 bedrooms and 4 full baths, 2 half baths. This 2,996 square foot home was built in 2023 on a lot size of 0.1199.

INVESTOR ALERT: TURNKEY CASH FLOW + LOW MAINTENANCE + NEWER CONSTRUCTION = the kind of asset that’s hard to find in New Orleans—this LIKE NEW 2023 double delivers TWO large, tenant occupied units (approx. 2,996 sq.ft. total | 8 beds | 4 full baths + 2 half baths) built for durability and rentability, featuring bright NATURAL LIGHT, a true OPEN FLOOR PLAN, stylish updated kitchens with STONE COUNTERTOPS, and modern finishes that keep demand high and turns low; value adds you can underwrite with confidence include ENERGY SAVING WINDOWS, TANKLESS HOT WATER, CENTRAL HVAC, a RAISED foundation, and OFF STREET PARKING (+) all designed to reduce surprise capital expenses and protect long term returns, while the PRIME location puts you minutes to the French Quarter and Downtown for consistent tenant pull. At $345,000 with in place rents of $1,880 + $2,057 (= $3,937/mo | $47,244/yr), you’re looking at an attractive GRM of ~7.3 and a gross cap rate of ~13.69% (gross)—a READY TO PERFORM, income producing duplex positioned for reliable cash flow today and strong appreciation potential tomorrow.

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Multi-Family Active

Price

$ 345,000

Bedrooms

8

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Townhouse

Lot Size

0.1199

Year Built

2023

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2537623

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Year Built 2023
Stories Count 2
Levels Two
Property Subtype Townhouse
County Orleans
Property Type Residential Income
Total Rooms 0
Full Baths 4
Status Active
City New Orleans
Number Of Units Total 0
Property Condition Excellent
Structure Type Townhouse
Standard Status Active
Property Sub Type Additional Townhouse Duplex
Legal Description SQ 2167 METROPOLITAN ST LOT 20-A 42.7.6X122.6
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Exterior
Parking Features Driveway Off Street
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.1199
Foundation Details Raised
Lot Dimensions 121X43
Lot Size Acres 0.1199
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 2
Total Bedrooms 8
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* Excluded Features
List By
Reve, Realtors

Broker

yournolaagent@gmail.com

Email

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$2,124
Per Month
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Monthly Principal & Interest
$2,124
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2026$345,000 Listed Price

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3304 Metropolitan Street, New Orleans, LA, 70126 is a Multi-Family Home for sale at $345,000 with 2,996 sqft and a lot size of 0.1199. 3304 Metropolitan Street has 8 bedrooms, 4.2 baths, and was built in 2023. The property's zip code is 70126 which is in New Orleans, LA