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5 Beds
4 Baths
2,475 sqft

$385,000

1538 40 N ROMAN Street, New Orleans LA, 70116

Price per sqft$155.56
Built in1957
Property size2,475 sqft
Property typeMulti-family
Courtesy of Jimmie McFarland with Powerhouse Realty Group

Overview

Active

Listed Jun 5, 2026

Updated Jun 8

Check out this investment opportunity in the heart of New Orleans' historic 7th Ward! This property was fully renovated in 2021, the property features two spacious units. One side offers 2 bedrooms and 1 full bath, while the other boasts 3 bedrooms and 2.5 baths, providing ample living space and comfortable layouts. Both units are equipped with central air and heat for year-round comfort. The property also includes off-street parking, a highly desirable amenity in this vibrant neighborhood. Conveniently located just minutes from the world-famous French Quarter and the iconic Caesars Superdome. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers an outstanding opportunity in one of New Orleans' most culturally rich neighborhoods.

$2,561/mo

Est. mortgage payment based on a $385,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2561355

Interior Features

Bedrooms
5
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No
MLS provider logo

Listing Contact: (504) 915-0219 

Based on information from the Gulf South Real Estate Information Network as of 6/8/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 2:26 PM UTC, 6/8/2026

 

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