3304 Metropolitan St | Image 1
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$345,000

19 days ago

8 Bed

6 Bath

2996 sqft

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MLS® 2537623

  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size 2996 sqft
Garage No
HOA Fees 
Taxes 
Days Active 19
Approx. Age 2023
Avg. Price Per Sqft $115
MLS® Number 2537623

Property Address: 3304 Metropolitan St, New Orleans, LA, 70126-5736

Average square foot calculated using Size range provided by listing agent.

Description

INVESTOR ALERT: TURNKEY CASH FLOW + LOW MAINTENANCE + NEWER CONSTRUCTION = the kind of asset that’s hard to find in New Orleans—this LIKE NEW 2023 double delivers TWO large, tenant occupied units (approx. 2, 996 sq.Ft. Total | 8 beds | 4 full baths + 2 half baths) built for durability and rentability, featuring bright NATURAL LIGHT, a true OPEN FLOOR PLAN, stylish updated kitchens with STONE COUNTERTOPS, and modern finishes that keep demand high and turns low; value adds you can underwrite with confidence include ENERGY SAVING WINDOWS, TANKLESS HOT WATER, CENTRAL HVAC, a RAISED foundation, and OFF STREET PARKING (+) all designed to reduce surprise capital expenses and protect long term returns, while the PRIME location puts you minutes to the French Quarter and Downtown for consistent tenant pull. At $345, 000 with in place rents of $1, 880 + $2, 057 (= $3, 937/mo | $47, 244/yr), you’re looking at an attractive GRM of ~7.3 and a gross cap rate of ~13.69% (gross)—a READY TO PERFORM, income producing duplex positioned for reliable cash flow today and strong appreciation potential tomorrow.
MLS® Number2537623
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2023
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 12, 2026List Date
$345,000List Price
  • Commute

Commute

Starting Address
Destination Address
3304 Metropolitan St, New Orleans, LA

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