329 N Derbigny St, New Orleans, LA 70112

Property Description

Fully renovated income producing duplex just steps from the French Quarter and Lafitte Greenway, minutes from the biomedical district in the charming HU-RD2 historic district. Taken down to the studs and rebuilt in 2021, each of the two 3 Bed/2.5 Bath units offers open concept living, hardwood and laminate flooring, granite countertops, shaker cabinetry, stainless steel appliances, tankless water heaters, in unit laundry, and a private gallery balcony. The fully fenced property includes security gate access, exterior cameras, a full alarm system, and one off street parking spot, plus the added peace of mind of flood zone X and a termite bond through September 2027. Both units are now leased through HANO, producing $3,681/month in actual income: Unit 331 at $1,781 (previously $2,150, with an increase application planned for late 2026) and Unit 329 at $1,900 on a new one year lease signed September 2026. Pro forma income of $4,225/month is based on the units' prior achieved rents of $2,150 and $2,075. Schedule your showing today!