1614 REVEREND JOHN RAPHAEL JR Way, New Orleans, LA 70113
Orleans County
Key Facts
Description
**Investor Alert! Turnkey Duplex with Strong Income Potential!** Welcome to 1614-16 Rev. John Raphael Jr. Way, a beautifully renovated duplex offering the perfect blend of modern style, functionality, and exceptional investment potential. This property is truly move-in ready and an ideal addition to any real estate portfolio. Each spacious unit features 3 bedrooms and 2 full bathrooms, providing a total of 6 bedrooms and 4 bathrooms across the property. Designed with comfort and contemporary living in mind, the interiors showcase stylish finishes including elegant subway tile backsplashes, updated fixtures, modern flooring, and an open, inviting layout that tenants will love. Outside, you'll find convenient street parking and a low-maintenance exterior, making ownership simple and hassle-free. Whether you're looking to house hack by living in one unit and renting the other or add a high-performing asset to your investment portfolio, this property checks every box. Located in a growing area with strong rental demand, it's an easy-to-rent, income-producing cash cow with excellent potential for consistent cash flow. Don't miss your chance to own this beautifully updated, income-generating property that's ready to start working for you from day one!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Cottage
Year Built
2022
Living Area
2,200 sq ft
Lot Size
0.07 acres
Lot Dimensions
2976
Days on Market
4
MLS® Listing#
2564276
Property Features
Cooling
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Rooms
- BedroomFirst
- BedroomSecond
- BedroomFirst
Financial Details
Parcel Number
101109912
Affordability Calculator
$69,980
Estimated monthly payment
$1,862/mo
Principal $279,920 · Est. interest $390,513 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Orleans, LA
- $342,066
- Median Listing Price
- 94
- Median Days on Market
- 1,824
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 2,635
- Active Listings
- This home’s price is 2% above the area median.
- Its price per sq ft is 16% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Orleans, LA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6219-21 WADSWORTH Drive, New Orleans, LA | $245,000 | 6 | — | 1,880 |
| 3012-14 TOLEDANO Street, New Orleans, LA | $249,000 | 6 | — | 2,184 |
| 3219 21 LOUISIANA AVE Parkway, New Orleans, LA | $249,000 | 8 | — | 3,153 |
| 2600 02 DREUX Avenue, New Orleans, LA | $249,000 | 6 | — | 1,950 |
| 1820 BODENGER Boulevard, New Orleans, LA | $249,000 | 5 | 2 | 2,175 |
| 8820 22 MORRISON Road, New Orleans, LA | $249,999 | 5 | — | 2,593 |
Moving Cost Estimate
Listing Courtesy: Snap Realty - 5043013826