1940 42 Allen Toussaint Boulevard New Orleans, LA $ 325,000
1940 42 Allen Toussaint Boulevard
$ 325,000
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1940 42 Allen Toussaint Boulevard

New Orleans, LA, 70122
$ 325,000
Bedrooms6 Baths4.0 Sq 2,904

Monthly Estimate*

$ 2,001

1940 42 Allen Toussaint Boulevard, New Orleans, LA 70122 - Image 1
1940 42 Allen Toussaint Boulevard, New Orleans, LA 70122 - Image 2
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Multi-Family Home for sale in New Orleans, LA

for $325,000 with 6 bedrooms and 4 full baths. This 2,904 square foot home was built in 1983.

Turnkey Income-Producing Duplex in a Prime New Orleans Location 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. 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. 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. 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. 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.

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Multi-Family Active

Price

$ 325,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Year Built

1983

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2543526

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Architectural Style Traditional
Pool Features None
Construction Materials Brick
Year Built 1983
Tenant Pays Electricity Gas Water
Stories Count 2
Levels Two
Property Subtype Duplex
County Orleans
Property Type Residential Income
Full Baths 4
Status Active
City New Orleans
Number Of Units Total 2
Carport Y/N 1
Home Warranty Y/N 0
Property Condition Excellent
Standard Status Active
Tax Lot 2
Property Sub Type Additional Duplex
Legal Description 1. SQ 12 B BURBANK GARDENS 2. LOT 2 ALLEN TOUSSAINT BLVD 3. 66 X 75
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Exterior
Exterior Amenities Fence
Parking Features Carport
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Slab
Lot Dimensions 66 x 75
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 6
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* Excluded Features
List By
Compass Uptown (Latt07)

Broker

javonjones@nolahome.com

Email

Affordability Calculator

$2,001
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
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Monthly Home Insurance
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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
2/19/2026$325,000 Listed Price

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1940 42 Allen Toussaint Boulevard, New Orleans, LA, 70122 is a Multi-Family Home for sale at $325,000 with 2,904 sqft. 1940 42 Allen Toussaint Boulevard has 6 bedrooms, 4.0 baths, and was built in 1983. The property's zip code is 70122 which is in New Orleans, LA