#2480148, Katie Paternostro, Listing Office: RE/MAX Living
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
- 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: 4/19/2025, 5:20:49 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
Property sales
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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. Residents of New Orleans, LA typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
Living in New Orleans, LA
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 March 2025 saw over 27 listings sold above listed price, more than 40 sold at listed price and over 167 sold below. The inventory of homes for sale in New Orleans, LA between February and March 2025 increased by 14.8%. In March 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $329,791.