2440 DUMAINE Street, New Orleans, LA 70119 (MLS# NO2536607)

2440 DUMAINE Street, New Orleans, LA 70119

$529,000
Property Type: MultiFamily Square Footage: 4,141 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $529,000 List Date: 1/06/2026 Last Modified: 3/06/2026

Overview

Description

Investment Opportunity in Historic Treme! Located in the heart of the iconic Historic Treme District, 2440 Dumaine Street presents a compelling opportunity for savvy investors seeking a value-add property with upside potential. This fully occupied, income-producing multi-family property features four units, each offering 2 bedrooms and 1 bathroom, with tenants already in place. The property underwent a full renovation in 2021, providing a solid foundation, while currently offering the chance for light TLC-- Great for investors who want to increase value without taking on a full-scale rehab. Whether your strategy is gradual upgrades, improved cash flow, or long-term appreciation, this property checks the boxes. Property currently bringing in $5.800.00 a month gross rent, with the potential for increase depending on the standard of future upgrades by future owner(s). PROPERTY QUALIFIES FOR HISTORIC TAX CREDIT ALSO! (see attachments for certificate) Adding to its appeal is the ground-leve ...

Listing Details MLS# NO2536607

Listing Info

Delayed Marketing
No
Listing Price
529000
List Price/SqFt
127.75
Document Modified
2026-03-06 10:33:12.732152
Modification Timestamp
2026-03-06T16:33:23Z
Photo Modified
2026-02-02T23:39:49Z

Location Tax Legal Info

Street Number
2440
Street Name
DUMAINE Street
Parish
Orleans
State
LA
Zip Code
70119
Tax Assessment Number
207108824
Directions
Bounding Streets: DUMAINE AND N ROCHEBLAVE

General Property Description

Number of Units
5
Stories
2
SqFt - Total
4141
SqFt - Source
Public Record
Individual Metered?
Yes
Lot Dimensions
3584
Acres
0.08

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
56595286
Originating System Listing ID
2536607
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
SQ 312 LOT D DUMAINE ST AND N ROCHEBLAVE ST 28X77XVAR

More Information

Remarks & Misc

Remarks
Investment Opportunity in Historic Treme! Located in the heart of the iconic Historic Treme District, 2440 Dumaine Street presents a compelling opportunity for savvy investors seeking a value-add property with upside potential. This fully occupied, income-producing multi-family property features four units, each offering 2 bedrooms and 1 bathroom, with tenants already in place. The property underwent a full renovation in 2021, providing a solid foundation, while currently offering the chance for light TLC-- Great for investors who want to increase value without taking on a full-scale rehab. Whether your strategy is gradual upgrades, improved cash flow, or long-term appreciation, this property checks the boxes. Property currently bringing in $5.800.00 a month gross rent, with the potential for increase depending on the standard of future upgrades by future owner(s). PROPERTY QUALIFIES FOR HISTORIC TAX CREDIT ALSO! (see attachments for certificate) Adding to its appeal is the ground-level space with potential for a commercial storefront, a true blank canvas ready to be transformed into retail, office, or creative use (buyer to verify zoning and use). This unique feature opens the door for additional income streams in one of New Orleans' most culturally rich and high-demand neighborhoods. An excellent addition to any investment portfolio--or for those looking to personalize and enhance a property in a historic, centrally located area, 2440 Dumaine Street offers opportunity, character, and potential in one package. PLEASE DO NOT DISTURB TENANTS! DISCLAIMER: PHOTOS IN THIS LISTING ARE FROM PREVIOUS RENOVATIONS DONE BY CURRENT OWNER IN 2021 AND DO NOT REFLECT UNITS CURRENT LIVED IN CONDITON; PROPERTY BEING SOLD AS IS WHERE IS AND SELLER TO MAKE NO REPAIRS.

Office/Member/Contract Info

List AOR
NOMAR

Siding

Stucco
Yes

Foundation

Piers
Yes
Slab
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Lot

Corner
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Water
Yes

Property Features

Siding: Stucco Foundation: Piers; Slab Roof: Composition Heating: Central Cooling: Central Air Lot: Corner Tenant Pays: Electric; Gas; Water
IDX
Listing Office: eXp Realty, LLC
Last Updated: March - 06 - 2026
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.