$5,213 Closing Credit¹
#2478433, Christian Galvin, Listing Office: Christian Shane Properties
$499,000 List price
220406 Pauger St New Orleans, LA 70116
$5,926
Closing credit¹
6 beds
4 full
2,454 sqft
$203 / sqft
Multi-Family
Property details
About 220406 Pauger St
Welcome to your newest income producing opportunity in the heart of New Marigny! This stunning, newly-built duplex promises both comfort and profitability in one of New Orleans' most vibrant neighborhoods. Boasting an unbeatable location within walking distance to the iconic French Quarter and just moments away from downtown, the CBD, and Metairie, convenience is at your doorstep. Step inside each unit to discover a modern oasis, complete with open living spaces adorned with sleek granite countertops, elegant flooring, and beautiful, NEW appliances. With three spacious bedrooms and two lovely full bathrooms in each unit, tenants will relish in the comfort and style of their new home. Outside, a generously sized backyard awaits, perfect for gatherings and outdoor entertaining. Experience the benefits of owner-occupancy by residing in one unit while the rental income from the other covers a substantial portion of your mortgage. Alternatively, seize the opportunity for a hassle-free investment by renting out both sides. 3 Bedroom units in this area rent for about $2000 per month. Currently the downstairs unit is rented for $1850. Enjoy peace of mind knowing that everything is new, resulting in lower insurance rates and minimal maintenance. Plus, with the property located in an "X" flood zone, rest assured knowing you'll benefit from reduced flood insurance rates. Don't miss out on this prime opportunity to own a turnkey income-producing property in one of New Orleans' most sought-after neighborhoods. Schedule your viewing today and start reaping the rewards of real estate investment!
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,454 sqft
Year built2023
MLS #2483475
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 6
- Parking: None
- Exterior: Fence, Porch
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $499,000
- Price/SqFt: $203
- Lot: City Lot, Rectangular Lot
- Year Built: 2023
- Stories: 2
- Living Area: 2,454 SqFt
- MLS Number: 2483475
- MLS Name: NOMAR
- Office Name: LATTER & BLUM (LATT07)
- Office Phone: (504) 866-2785
- Office Email: ewolford@latterblum.com
- Listing Agent: Melissa McClendon
- Agent Phone: (504) 417-5131
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Last updated on: 6/1/2025, 11:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
220406 Pauger St
$5,926
closing credit¹
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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
1.0 mi
•709 Park Blvd
2
McDonogh No.26 Elementary School
Public District PK-5
1.6 mi
•1200 Jefferson St
7
William Hart Elementary School
Public District PK-5
2.2 mi
•2001 Hancock St
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 $98,317. Typical income of New Orleans, LA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
9%
<35k
42%
35k-100k
37%
100k-200k
12%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
72%
Single, No Kids
2%
Single, with Kids
24%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
32%
18-34 yrs old
41%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
H&M
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
BMW
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in New Orleans, LA
New Orleans' transport infrastructure includes a network of buses and streetcars, with schedules that cater to the city's main corridors. The city is known for its iconic streetcars, which provide a historic mode of transit along key routes. While certain areas boast higher walkability, such as the French Quarter and Downtown, the city is also making strides to improve bikeability with dedicated lanes and bike-sharing programs. Major roads and highways facilitate travel in and out of the city, with ongoing projects aimed at improving traffic flow and accessibility.
The community is served by a robust educational system, including numerous public and private schools, catering to a range of educational needs. Healthcare is supported by several hospitals and clinics offering a spectrum of services from primary care to specialized treatments. Retail and dining options abound, reflecting the local culture with a mix of international cuisines and traditional Creole and Cajun eateries. The city is proactive in enhancing services to meet the evolving needs of its diverse population.
New Orleans is celebrated for its unique cultural heritage, a melting pot of French, African, Spanish, and American influences. The city prides itself on its world-renowned festivals such as Mardi Gras and Jazz Fest, which showcase its vibrant music scene, culinary excellence, and artistic flair. The community's character is further enriched by its bustling street life, historic neighborhoods, and the iconic French Quarter, all contributing to its distinctive ambiance.
New Orleans offers a vibrant housing market with a tapestry of architectural styles that reflect its rich history, including Creole cottages, Victorian mansions, and shotgun houses. The housing landscape is diverse, with single-family homes nestled alongside multifamily complexes and historic townhouses. The city's homeownership rate is around 47%, with a significant portion of residents opting to rent, indicative of the city's dynamic and transient population.
About 220406 Pauger St
This home is located at 220406 Pauger St in New Orleans, LA and zip code 70130. This 2,454 square foot home was built in 2023. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $499,000.
In April 2025, from all listings sold in New Orleans, LA there were more than 40 sold above asking price, over 193 sold below and more than 45 were sold right at the asked price. The inventory of homes for sale in New Orleans, LA between March and April 2025 increased by 13.8%. Listings spent 85 days on the market in April 2025, and had a median list price of $329,697 during the same period.
From Rocket Homes Real Estate and based on county public records data.