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5313 WICKFIELD DR New Orleans, LA 70122
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Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,665 sqft
Price per Sqft $99
MLS Listing ID 2518563
Sold Date 10/31/25
Style Traditional
Bedrooms 4
Full Baths 2
Construction Status Average Condition
HOA Y/N No
Year Built 1950
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Duplex
Property Description
Income-Producing Double in Filmore Gardens!
Well-maintained double offering two separate units, each with 2 bedrooms and 1 bathroom. Both units are occupied and producing a combined $2,100/month ($25,200/year) in rental income, with tenants responsible for their own utilities.
Property highlights:
Solid rental history with $25,200 annual gross income
Owner-owned refrigerators, stoves, and dishwashers in both units
Tenants pay utilities, keeping operating costs lower
Annual expenses: Flood insurance $1,082, Property insurance est. $5,500, Taxes $2,352
With 20% down and 7% financing, projected cash-on-cash return ~16% at the $170K asking price
Great opportunity for investors or owner-occupants
This property delivers reliable cash flow and a strong return in today's market.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
Exterior Feature Fence, Porch
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Shingle
Porch Porch
Building
Lot Description City Lot, Rectangular Lot
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Average Condition
Others
Tax ID 37W516520
Special Listing Condition None
Read Less
Bought with Homesmart Realty South
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