$1,780 Closing Credit¹
#2478382, Debra Hebert, Listing Office: The Realty Krewe, LLC
$339,000 List price
40103 N Tonti St New Orleans, LA 70119
$4,026
Closing credit¹
2 beds
2 full
1,742 sqft
$195 / 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. Also available as a package with the neighboring duplex at 405-07 N. Tonti (MLS# 2497056). Invest in your future—Mid-City is calling!
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,742 sqft
Year built2001
ParkingDriveway
MLS #2497054
Summary
- 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: 4/27/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$339,000
40103 N Tonti St
$4,026
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 majority of New Orleans, LA residents have income $200k+ annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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
Similar homes for sale
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 $339,000.
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%. While the average time on the market in March 2025 was 78 days, the median list price was $329,791.
From Rocket Homes Real Estate and based on county public records data.