1140 Touro St, New Orleans, LA 70116

Property Description

95% FINANCING PLUS AN $8,000 GRANT that can be applied toward the down payment, closing costs, a permanent interest-rate buydown, or buyer-agent compensation—with NO REPAYMENT required! NO income limit, NO mortgage insurance, and first-time homebuyer status is not required.<br><br>Positioned in the very heart of the Faubourg Marigny, this exceptional NEW construction duplex delivers what buyers are always searching for but rarely find.<br><br>Only 1 block off Saint Claude Avenue, 4 blocks to the world renowned French Quarter, and 2 blocks to Elysian Fields Avenue. This is true walkability. True connectivity. True New Orleans energy.<br><br>Step outside and you are moments from neighborhood favorites including The Ruby Slipper Cafe, Hotel Peter & Paul, Who Dat Coffee Cafe, AYU Bakehouse, and Robert Fresh Market, plus an endless collection of beloved local restaurants, coffee shops, music venues, and nightlife. The lifestyle here is unmatched.<br><br>The property itself is a superbly constructed duplex featuring 3 separate bedrooms and 2 FULL baths in EACH unit. Thoughtfully designed open floor plans create a seamless flow between living, dining, and kitchen spaces, enhanced by abundant natural light and a spacious, modern feel.<br><br>Situated on an enviable corner lot, the home offers Gated Off Street Parking for 2 vehicles, a rare and valuable amenity in this location.<br><br>Built with modern construction standards and energy efficient materials, this residence offers:<br>• NEW Construction<br>• Functional double pane windows<br>• Modern insulation for efficiency and comfort<br>• Quality contemporary building materials throughout<br>• NEW HOME Builder Warranty<br>• 5 Year Home Builder Warranty<br>• Located in an X Flood Zone that has NEVER Flooded<br>• Low Homeowner’s Insurance of approximately $4,539 annually<br><br>This is not simply another duplex. This is a strategic purchase in one of the most vibrant and culturally rich neighborhoods in the city. Ideal for owner occupancy, multi generational living, or investment with strong rental appeal.<br><br>Opportunities like this do not linger. If you value location, quality construction, and long term upside, you owe it to yourself to see this property in person.<br><br>Be there.