7021 Salem Dr. Drive New Orleans, LA $ 149,000
7021 Salem Dr. Drive
$ 149,000
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7021 Salem Dr. Drive

New Orleans, LA, 70127
$ 149,000
Bedrooms4 Baths2.2 Sq 2,160

Monthly Estimate*

$ 1,029

7021 Salem Dr. Drive, New Orleans, LA 70127 - Image 1
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Multi-Family Home for sale in New Orleans, LA

for $149,000 with 4 bedrooms and 2 full baths, 2 half baths. This 2,160 square foot home was built in 1978 on a lot size of 0.16.

This, Updown- Double, townhouse style property is an excellent investment opportunity or a great owner-occupied option, in the Bunker Hill neighborhood of New Orleans East. Each unit offers an excellent floorplan for ideal privacy...living room, kitchen, dining room and 1/2 bath on the first floor and two bedrooms and a full bath on the 2nd floor. The property also has a sprawling, shared back yard and the rare benefit off-street parking for each unit. Long term tenants in both units are month to month. Units are in good condition. Great floor plans, easy access to the interstate, yard space and off-street parking are just some of the amenities which help create demand and ensure consistent occupancy for both units. Market rents range from $1200-$1300 monthly. These units are cash cows for an investor and a great opportunity for a first-time home buyer to supplement monthly expenses with rental income and to start their own investment portfolio. Minimum 24 hours' notice required for showings. Forty-eight hours' notice preferred.

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Multi-Family Active

Price

$ 149,000

Bedrooms

4

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 1,746

Style

Lot Size

0.16

Year Built

1978

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

200QPH

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Not Available
Roof Shingle
Architectural Style Other
Year Built 1978
Electric Circuit Breakers
Tenant Pays All Utilities Electricity Grounds Care
Stories Count 2
Property Subtype Duplex
Parcel Number 7021-SALEMDR
Gross Income 1895.0
County Orleans
New Construction N
Property Type Multifamily
HOA N
Attached Garage N
Subdivision Name 185 Walnut Condo Association
Garage Y/N N
Full Baths 2
Status Active
Directions Follow GPS directions for most direct route.
City New Orleans
Disclosures Property As Is Section 8 Allowed
Senior Community Y/N N
High School District Orleans Parish
Number Of Units Total 2
MLS Area None
Lot Size Units Acres
Lot Size Square Feet 6930.0
Carport Spaces 1.0
Carport Y/N Y
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 1746.21
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor None
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/roam/200QPH
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Other
Tax Lot 20
Total Actual Rent 1895.0
Legal Description Sq 8 Somerset Pk Lot 20 Salem Dr 60X116 Over 115 7021-23 Salem Dr
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Flooring Carpet Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 2
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 4
Total Baths 4
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Exterior
Fencing Wood
Parking Features Driveway
Lot Features Back Yard Other
Water Source Public
Total Parking 1.0
Lot Size Area 0.16
Foundation Details Slab
Spa N
Building Area Total 2160.0
Lot Dimensions 60x116
Lot Size Acres 0.16
Road Surface Type Paved
Waterfront Y/N N
Number of Separate Water Meters 2
Number of Separate Gas Meters 0
Number of Separate Electric Meters 2
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7021
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* Excluded Features
List By
Helene Anderson Barnett

Listing Agent

Affordability Calculator

$1,175
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,029
Monthly Property Taxes
$146
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5584834 Elementary School
5582639 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2026$149,000 Listed Price

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7021 Salem Dr. Drive, New Orleans, LA, 70127 is a Multi-Family Home for sale at $149,000 with 2,160 sqft and a lot size of 0.16. 7021 Salem Dr. Drive has 4 bedrooms, 2.2 baths, and was built in 1978. The property's zip code is 70127 which is in New Orleans, LA