325-27 38TH Street, New Orleans, LA 70122 (MLS# NO2553008)

325-27 38TH Street, New Orleans, LA 70122

$374,900
Property Type: MultiFamily Square Footage: 1,875 Status: Active
Current Price: $374,900 List Date: 4/13/2026 Last Modified: 4/15/2026

Overview

Description

Fantastic investment opportunity in desirable West Lakeview, just minutes from Lake Pontchartrain! This modular shotgun-style double, built in 2007, features 2 bedrooms and 2 full baths each side, with refrigerator, stove, dishwasher and washer and dryer. One unit is currently occupied by a long-term tenant paying $950/month, offering immediate income stability, while the other unit is vacant and was previously rented for $1,200/month--great for an owner-occupant or the potential to increase rental income. Located in an X flood zone (buyer to verify) and convenient to dining, shopping, and recreation along the lakefront, Veterans Boulevard and the interstate. Just down the street from Fleur De Lis Park - super convenient. Whether you're looking to expand your investment portfolio or live in one side while renting the other, this property presents a versatile and valuable opportunity in a sought-after neighborhood.

Listing Details MLS# NO2553008

Listing Info

Delayed Marketing
No
Listing Price
374900
List Price/SqFt
199.95
Type
Duplex
Document Modified
2026-04-14 15:26:35.557541
Modification Timestamp
2026-04-15T20:52:34Z
Photo Modified
2026-04-14T20:26:36Z

Location Tax Legal Info

Street Number
325-27
Street Name
38TH Street
Parish
Orleans
State
LA
Zip Code
70122
Subdivision
Metairie Park
Tax Assessment Number
716522016
Directions
Bounding Streets: FLEUR DE LIS, BELLAIRE, N.O. HAMMOND HWY., W. HARRISON AVE.

General Property Description

Number of Units
2
Stories
Yes
SqFt - Total
1875
SqFt - Source
Measured
Lot Dimensions
60 X 135

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
57760027
Originating System Listing ID
2553008
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
LOTS 70, 71, 72, SQUARE 74, METAIRIE PARK SUBDIVISION

More Information

Remarks & Misc

Remarks
Fantastic investment opportunity in desirable West Lakeview, just minutes from Lake Pontchartrain! This modular shotgun-style double, built in 2007, features 2 bedrooms and 2 full baths each side, with refrigerator, stove, dishwasher and washer and dryer. One unit is currently occupied by a long-term tenant paying $950/month, offering immediate income stability, while the other unit is vacant and was previously rented for $1,200/month--great for an owner-occupant or the potential to increase rental income. Located in an X flood zone (buyer to verify) and convenient to dining, shopping, and recreation along the lakefront, Veterans Boulevard and the interstate. Just down the street from Fleur De Lis Park - super convenient. Whether you're looking to expand your investment portfolio or live in one side while renting the other, this property presents a versatile and valuable opportunity in a sought-after neighborhood.

Office/Member/Contract Info

List AOR
NOMAR

Foundation

Piers
Yes

Roof

Other
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Owner Pays

Water
Yes

Tenant Pays

Electric
Yes

Property Features

Foundation: Piers Roof: Other Heating: Central Cooling: Central Air Owner Pays: Water Tenant Pays: Electric
IDX
Listing Office: J. Louis Matherne & Associates
Last Updated: April - 15 - 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.