2129 DESIRE Street, New Orleans, LA 70117 (MLS# NO2556386)

Remarks & Misc

Remarks

Excellent opportunity to own a well-maintained, tenant-occupied 3-unit multifamily property generating $3,650/month in current gross rental income. Offering approximately 4,133 sq. ft. with off-street parking, this income-producing property presents a fantastic opportunity for both investors and owner-occupants alike. Recent 2025 improvements include freshly painted exterior, blown-in attic insulation, and two new hot water heaters. The spacious owner's unit (HVAC replaced 2024) is located on the second floor and offers approximately 1,800 sq. ft. with 3 bedrooms and 2 full baths with beautiful hardwood floors. An oversized kitchen features French doors leading to a wonderful private deck -- wonderful entertaining or relaxing outdoors. The two lower units include a 3-bedroom/1-bath unit and a 2-bedroom/1.5-bath unit, providing strong rental flexibility and income potential. Conveniently located just 10 minutes from the French Quarter and only one mile from the vibrant Bywater and St. Claude corridors. Enjoy easy access to local favorites including Bywater Bakery, Saturn Bar, Galaxie, Crescent Park, Tough Break, and Harold's Plants. Assumable flood insurance policy currently only $1,309 annually. Transferable termite contract in place. Tenant occupied -- please allow 24-48 hours notice for showings.

Office/Member/Contract Info

List AOR

NOMAR

Siding

Wood

Yes

Foundation

Slab

Yes

Exterior

Balcony

Yes

Patio

Porch

Yes

Roof

Composition

Yes

Heating

Central

Yes

Cooling

Central Air

Yes

Window Units

Yes

Fencing

Other

Yes

Owner Pays

Water

Yes

Tenant Pays

Electric

Yes

Gas

Yes

Property Features