2204-06 PAUGER Street, New Orleans, LA 70116 (MLS# NO2525954)

2204-06 PAUGER Street, New Orleans, LA 70116

$499,000
Property Type: MultiFamily Square Footage: 2,454 Status: Active
Current Price: $499,000 List Date: 10/10/2025 Last Modified: 10/10/2025

Description

Welcome to your newest income producing opportunity in the heart of New Marigny! This stunning, newly-built duplex promises both comfort and profitability in one of New Orleans' most vibrant neighborhoods. Boasting an unbeatable location within walking distance to the iconic French Quarter and just moments away from downtown, the CBD, and Metairie, convenience is at your doorstep. Step inside each unit to discover a modern oasis, complete with open living spaces adorned with sleek granite countertops, elegant flooring, and beautiful, NEW appliances. With three spacious bedrooms and two lovely full bathrooms in each unit, tenants will relish in the comfort and style of their new home. Outside, a generously sized backyard awaits, perfect for gatherings and outdoor entertaining. Experience the benefits of owner-occupancy by residing in one unit while the rental income from the other covers a substantial portion of your mortgage. Alternatively, seize the opportunity for a hassle-free investment by renting out both sides. 3 Bedroom units in this area rent for about $2000 per month. Currently the downstairs unit is rented for $1850. Enjoy peace of mind knowing that everything is new, resulting in lower insurance rates and minimal maintenance. Plus, with the property located in an "X" flood zone, rest assured knowing you'll benefit from reduced flood insurance rates. Don't miss out on this prime opportunity to own a turnkey income-producing property in one of New Orleans' most sought-after neighborhoods. Schedule your viewing today and start reaping the rewards of real estate investment!

Supplements: ********

More Information MLS# NO2525954

Listing Info

Delayed Marketing: No List Price/SqFt: 203.34 Document Modified: 2025-10-10 13:23:11.691418 Status: Active Listing Date: 2025-10-10 Listing Price: 499000 Current Price: $499,000 Type: Duplex Modification Timestamp: 2025-10-10T18:23:11Z Photo Modified: 2025-10-10T18:18:07Z

Location, Tax & Legal Info

Legal Desc: SQ 636 LOT 2 B PAUGER 35 X 110 DBLE 1/ST 9/RMS FRAME S/R

General Property Description

Lot Dimensions: 35 x 110 Stories: 2 SqFt - Total: 2454 SqFt - Source: Measured Individual Metered?: Yes Number of Units: 2

Remarks & Misc

Remarks: Welcome to your newest income producing opportunity in the heart of New Marigny! This stunning, newly-built duplex promises both comfort and profitability in one of New Orleans' most vibrant neighborhoods. Boasting an unbeatable location within walking distance to the iconic French Quarter and just moments away from downtown, the CBD, and Metairie, convenience is at your doorstep. Step inside each unit to discover a modern oasis, complete with open living spaces adorned with sleek granite countertops, elegant flooring, and beautiful, NEW appliances. With three spacious bedrooms and two lovely full bathrooms in each unit, tenants will relish in the comfort and style of their new home. Outside, a generously sized backyard awaits, perfect for gatherings and outdoor entertaining. Experience the benefits of owner-occupancy by residing in one unit while the rental income from the other covers a substantial portion of your mortgage. Alternatively, seize the opportunity for a hassle-free investment by renting out both sides. 3 Bedroom units in this area rent for about $2000 per month. Currently the downstairs unit is rented for $1850. Enjoy peace of mind knowing that everything is new, resulting in lower insurance rates and minimal maintenance. Plus, with the property located in an "X" flood zone, rest assured knowing you'll benefit from reduced flood insurance rates. Don't miss out on this prime opportunity to own a turnkey income-producing property in one of New Orleans' most sought-after neighborhoods. Schedule your viewing today and start reaping the rewards of real estate investment!

Office/Member/Contract Info

List AOR: NOMAR

Currently Not Used

Acreage Range: 0 - 0.5

Parking

No Parking: 1

Construction

Other: 1

Foundation

Piers: 1

Patio

Porch: 1

Roof

Composition: 1

Heating

Central: 1

Cooling

Central Air: 1

Unit 1

Type: Other Beds: 3 Full Baths: 2 SqFt: 1227 Rent/Mo: 0

Unit 2

Type: Other Beds: 3 Full Baths: 2 SqFt: 1227 Rent/Mo: 1850

Fencing

Other: 1

Tenant Pays

Electric: 1 Gas: 1 Water: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 52730944 Originating System Listing ID: 2525954 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 2204-06 Street Name: PAUGER Street Parish: Orleans State: LA Zip Code: 70116 Tax Assessment Number: 3-7W-1-071-18 Directions: Bounding Streets: N. Claiborne Avenue, N. Robertson Street

Property Features

Parking: No Parking Construction: Other Foundation: Piers Roof: Composition Heating: Central Cooling: Central Air Fencing: Other Tenant Pays: Electric; Gas; Water
Listing Office: Compass Uptown (LATT07)
IDX
Last Updated: October - 10 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.