#2507538, Allen Thompson, Listing office: United Real Estate Partners LLC
$299,000 List price
40103 N Tonti St New Orleans, LA 70119
2 beds
2 full
1,742 sqft
$172 / sqft
Multi-Family
Property details
About 40103 N Tonti St
Exceptional investment opportunity or ideal for an Owner-Occupant with rental income! This newer construction duplex in the heart of Mid-City offers the perfect blend of convenience, income potential, and low maintenance. Located just one block from the best stretch of the Lafitte Greenway, three blocks from Canal Street and the LSU/VA Medical Center, and a short stroll to neighborhood favorites like Flower Moon Bagels and Whole Foods—this location truly delivers. Each unit features 1 bedroom/1 bathroom and a spacious open floor plan with well-appointed kitchens including granite countertops and stainless appliances, private bedrooms with generous closets, 9' ceilings, laminate flooring, and washer/dryer connections. Additional highlights include off-street parking, a cute yard, and a low-maintenance exterior—making this a smart, turnkey investment. Additional outside storage unit. For added peace of mind, the seller will install a brand new FORTIFIED Roof prior to closing. Whether you're looking to live in one unit while generating income from the other, or seeking a strong addition to your rental portfolio, this property checks all the boxes. Invest in your future—Mid-City is calling!
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,742 sqft
Year built2001
ParkingDriveway
MLS #2497054
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 2
- Parking: Driveway
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $299,000
- Price/SqFt: $171
- Lot: Corner Lot, City Lot
- Directions: https://maps.app.goo.gl/RJZGhUXPESJzcXEw8
- Year Built: 2001
- Stories: 2
- Living Area: 1,742 SqFt
- MLS Number: 2497054
- MLS Name: NOMAR
- Office Name: REVE, REALTORS
- Office Phone: (504) 300-0700
- Office Email: david.favret@reverealtors.com
- Listing Agent: Joey Walker
- Agent Phone: (504) 610-5637
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Last updated on: 7/11/2025, 11:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
8
Arabi Elementary School
Public District PK-5
1.6 mi
•7200 Alexander Ave
6
Elan Academy Charter School
Public Charter PK-5
3.0 mi
•709 Park Blvd
5
Chalmette Elementary School
Public District PK-5
3.1 mi
•75 E Chalmette Cir
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 $209,303. The most common annual income of people living in New Orleans, LA is $200k+. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
0%
<35k
0%
35k-100k
4%
100k-200k
96%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
46%
Single, No Kids
27%
Single, with Kids
19%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Books-a-Million
Big Lots
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
White Castle
What do the neighbors drive?
Toyota
Kia
Chevrolet
What do the neighbors listen to?
Adult Hits- Adult Standards
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 40103 N Tonti St
The listing price of 40103 N Tonti St property is $299,000.
The property 40103 N Tonti St is a multi located in New Orleans, Louisiana, 70119.
Active Listing: 40103 N Tonti St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40103 N Tonti St are: Arabi Elementary School (GreatSchools Rating 8/10), Elan Academy Charter School (GreatSchools Rating 6/10), Chalmette Elementary School (GreatSchools Rating 5/10), Akili Academy of New Orleans (GreatSchools Rating 4/10), Encore Academy (GreatSchools Rating 4/10), Kipp Leadership (GreatSchools Rating 5/10), Kipp Renaissance (GreatSchools Rating 6/10), G W Carver High School (GreatSchools Rating 5/10), New Orleans Military & Maritime Academy (GreatSchools Rating 5/10).
The property 40103 N Tonti St is 1,742 SqFt (source: MLS/tax record).
The year of construction for 40103 N Tonti St is 2001.
This home is located at 40103 N Tonti St in New Orleans, LA and zip code 70117 in the Lower Ninth Ward neighborhood. This 1,742 square foot home was built in 2001. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $299,000.
New Orleans, LA housing market in June 2025 saw over 33 listings sold above listed price, more than 61 sold at listed price and over 275 sold below. The number of listings in New Orleans, LA increased by 5.1% between May and June 2025. In June 2025 median list price was $332,200 and the average listing age was 67 days.
From Rocket Homes Real Estate and based on county public records data.