$2,197 Closing Credit¹
#2488386, Allen Leone, Listing Office: LEONE GNO REALTY LLC
$125,000 List price
1939-41 N Tonti St New Orleans, LA 70119
$1,484
Closing credit¹
2 beds
2 full
1,600 sqft
0.05 acres
$78 / sqft
Multi-Family
Property details
About 1939-41 N Tonti St
?? Investment Opportunity in the Heart of the Historic 7th Ward! Don't miss this income-generating double in one of New Orleans’ most culturally rich and rapidly appreciating neighborhoods. Whether you're an investor looking to expand your portfolio or a savvy buyer wanting to live on one side and rent the other, this property offers versatility, charm, and strong rental potential. Featuring historic details, solid bones, and room to add value, this property is just minutes from the French Quarter, Treme, and the Marigny. With consistent income and opportunity for growth, this one is a true gem in the 7th Ward. ??Double / Multi-Family ??Income-producing ??Strong ROI potential ???Room to add value ???Prime location near downtown and cultural hotspots
Highlights
Home typeDuplex
HeatingOther
StatusActive
CoolingWindow Unit(s)
Size1,600 sqft
Lot size0.0536 Acres
Year built2011
MLS #2491762
Summary
- MLS Number: 2491762
- MLS Name: NOMAR
- Office Name: Rayford Realty NOLA LLC
- Office Phone: (504) 584-7355
- Office Email: Info@RayfordRealtyNOLA.com
- Listing Agent: Jiarra Rayford
- Agent Phone: (504) 541-5484
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Last updated on: 4/17/2025, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$125,000
1939-41 N Tonti St
$1,484
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
2.7 mi
•709 Park Blvd
10
Metairie Academy for Advanced Studies
Public Magnet PK-5
2.9 mi
•201 Metairie Rd
1
Noble Minds
Public Charter KG-5
2.9 mi
•1333 S Carrollton Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,333. The majority of New Orleans, LA residents have income less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
53%
<35k
41%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
23%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
5%
12-17 yrs old
34%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1939-41 N Tonti St in New Orleans, LA and zip code 70119 in the Tulane / Gravier neighborhood. This 1,600 square foot home, which was built in 2011, sits on a 0.05 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $125,000.
In March 2025, from all listings sold in New Orleans, LA there were more than 27 sold above asking price, over 167 sold below and more than 40 were sold right at the asked price. The inventory of homes for sale in New Orleans, LA between February and March 2025 increased by 14.8%. In March 2025 median list price was $329,791 and the average listing age was 78 days.
From Rocket Homes Real Estate and based on county public records data.