River Ridge Office 9531 Jefferson Highway River Ridge, LA 70123 504.737.8454

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River Ridge Office 9531 Jefferson Highway River Ridge, LA 70123 504.737.8454
$549,000 For Sale

3814-16 State Street Drive
New Orleans, LA 70125

Multi Family Home - MLS# 2534887
Property Photo
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Description

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

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex
  • Listing Status: Active
  • County/Area: Orleans Parish
  • Zip Code: 70125
  • Year Built: 1928
  • Sq.Ft.: 2,828 sq ft
  • Style: Spanish
  • Stories: 2 Story
  • Total Rooms: 8
  • Bedrooms: 4
  • Full Baths: 4
  • Baths: 4
  • Additional Sub Type: Duplex
  • Appliances: Energy Star Qualified Appliances
  • Building Area Source: Assessor
  • Construction Materials: Hardiplank Type, Stucco
  • Cooling: Central Air
  • Cooling YN: Yes
  • Exterior Features: Enclosed Porch, Fence, Porch
  • Foundation Details: Raised
  • Green Energy Efficient: Appliances
  • Heating: Central, Gas
  • Heating YN: Yes
  • Living Area Source: Assessor
  • Lot Dimensions: 45x88
  • Lot Features: City Lot, Rectangular Lot
  • Main Type: Residential Income
  • Number Of Units Total: 2
  • Parking Features: Driveway, Off Street, Two Spaces
  • Patio And Porch Features: Porch, Screened
  • Postal City: New Orleans
  • Property Condition: Excellent
  • Roof: Flat, Shingle
  • Security Features: Closed Circuit Camera(S)
  • Sewer: Public Sewer
  • Tenant Pays: Electricity, Gas, Water
  • Total Stories: 2
  • Water Source: Public
  • Year Built Details: Renovated To The Studs In 2007
Listing Courtesy of New Orleans Leasing And Sales, Inc
Source: Gulf South Real Estate Information Network, Inc.
Rob Norton
Riverside Realty, Inc.

9531 Jefferson Hwy
River Ridge, LA 70123
Phone: 504-453-5165
Email: rob@rnortonrealtor.com

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