3814-16 STATE STREET Drive, New Orleans, LA 70125 (MLS# NO2534887)

Remarks & Misc

Remarks

Sunny turnkey duplex in desirable Fontainebleau neighborhood on NEWLY PAVED STREET! Smart investment property generating upwards of $4300 in monthly rent, or opportunity to live in one unit while tenant pays the mortgage. Each unit boasts 2 large independent bedrooms with ceiling fans and 2 spacious bathrooms. Large windows throughout, 9 foot ceilings, with gleaming hardwood floors and tile in common areas. New carpet in upstairs bedrooms. Each unit has its own dedicated laundry room and screen porch. All appliances to remain. Each kitchen is equipped with gas range/oven, refrigerator, microwave, and new dishwasher. Large capacity washers in both units. Central air and heat in both units, with new HVAC in upper unit (replaced in late 2023). New sewer line was installed in August 2025. New torchdown roof installed in 2023. Roadwork was completed in 2024, including new City sewer and water lines and ADA sidewalks. Partially fenced backyard with deck, patio, and numerous flowering plants including fig tree, large crepe myrtle, bottle brush, angel trumpet, turk's cap, bird of paradise, and two pineapple guavas. Central location convenient to universities and hospitals, with easy access to French Quarter, Superdome, Mardi Gras parades, CBD, Harrahan, and Metairie. Water, gas and electric are on separate meters. Upstairs unit is currently vacant for easy showing, but was recently bringing in $1900/month. Downstairs unit is furnished, with tenant on a lease through May 2026, paying $2400/month, plus water, gas, & electricity. Projected total income: $4,300+/month. Low flood insurance at just $1,188/year. Owner/Agent

Office/Member/Contract Info

List AOR

NOMAR

Siding

Stucco

Yes

Foundation

Piers

Yes

Patio

Porch

Yes

Roof

Composition

Yes

Heating

Central

Yes

Natural Gas

Yes

Cooling

Central Air

Yes

Fencing

Other

Yes

Tenant Pays

Electric

Yes

Gas

Yes

Water

Yes

Property Features