#2478298, Paul Gilmore, Listing Office: Paul Gilmore & Associates, Inc.
552325 Elysian Fields Ave New Orleans, LA 70122
Property details
About 552325 Elysian Fields Ave
Excellent Lakefront Area Duplex ~ Prime Gentilly Location & Solid Rental Income!<br><br> Exceptional investment opportunity in the desirable Lakefront area of Gentilly! Ideally situated just 2 blocks lakeside of Filmore Avenue, this well maintained property sits prominently on Elysian Fields Avenue at Mendez Street; providing unmatched access to parks, shopping, and the lakefront lifestyle.<br><br> Each spacious unit offers 2 separate bedrooms, 1 full bath, a large open-concept living & dining area, an updated kitchen, private interior laundry, and central HVAC for year-round comfort. Off-street rear parking accommodates both units, adding convenience and value.<br><br> This income-producing duplex is currently leased to long-term, happy tenants, generating a combined monthly rental income of $2,464. With stable occupancy and excellent upkeep, this is a turnkey investment in a thriving and highly rentable location.<br><br> ** Excellent Gentilly Lakefront location<br> ** Updated interiors with central HVAC and private laundry<br> ** Off-street parking for both units<br> ** Long-term tenants in place<br> ** $2,464/month in rental income<br> ** WELL PRICED and ready to perform from day one!<br><br> Whether you are expanding your portfolio or stepping into real estate investment, this duplex offers dependable income in one of Gentilly's most attractive lakefront corridors. Don’t miss it!<br><br>
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 4
- Parking: Driveway, Three or more Spaces
- Exterior: Courtyard, Fence, Porch
- Architectural Style: Traditional
- Heating: Central, Multi Unit(s)
- Cooling: Central Air, Multi Unit(s)
- List Price: $215,000
- Price/SqFt: $112
- Lot: City Lot, Rectangular Lot
- Directions: 2 blocks Lakeside of Filmore Ave on Elysian Fields @ Mendez
- Year Built: 1950
- Stories: 2
- Living Area: 1,908 SqFt
- MLS Number: 2496617
- MLS Name: NOMAR
- Office Name: Keller Williams Realty New Orleans
- Office Phone: (504) 862-0100
- Office Email: klrw125@kw.com
- Listing Agent: Chris Smith
- Agent Phone: (504) 231-2004
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Last updated on: 5/12/2025, 5:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$215,000
552325 Elysian Fields Ave
$2,553
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Price information
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Nearby schools
2
McDonogh No.26 Elementary School
Public District PK-5
0.3 mi
•1200 Jefferson St
6
Elan Academy Charter School
Public Charter PK-5
0.7 mi
•709 Park Blvd
7
William Hart Elementary School
Public District PK-5
1.0 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 $27,065. Most New Orleans, LA residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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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.
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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 552325 Elysian Fields Ave
This home is located at 552325 Elysian Fields Ave in New Orleans, LA and zip code 70053. This 1,908 square foot home was built in 1950. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $215,000.
New Orleans, LA housing market in April 2025 saw over 40 listings sold above listed price, more than 45 sold at listed price and over 193 sold below. The number of listings in New Orleans, LA increased by 13.8% between March and April 2025. In April 2025 median list price was $329,697 and the average listing age was 85 days.