2440 Dumaine Street, New Orleans, LA 70119
Local realty services provided by:ERA TOP AGENT REALTY
2440 Dumaine Street,New Orleans, LA 70119
$529,000
- 8 Beds
- 4 Baths
- 4,141 sq. ft.
- Multi-family
- Active
Listed by: precious winford
Office: exp realty, llc.
MLS#:2536607
Source:LA_GSREIN
Price summary
- Price:$529,000
- Price per sq. ft.:$127.75
About this home
Investment Opportunity in Historic Treme!
Located in the heart of the iconic Historic Treme District, 2440 Dumaine Street presents a compelling opportunity for savvy investors seeking a value-add property with upside potential. This fully occupied, income-producing multi-family property features four units, each offering 2 bedrooms and 1 bathroom, with tenants already in place.
The property underwent a full renovation in 2021, providing a solid foundation, while currently offering the chance for light TLC— Great for investors who want to increase value without taking on a full-scale rehab. Whether your strategy is gradual upgrades, improved cash flow, or long-term appreciation, this property checks the boxes.
Property currently bringing in $5.800.00 a month gross rent, with the potential for increase depending on the standard of future upgrades by future owner(s).
PROPERTY QUALIFIES FOR HISTORIC TAX CREDIT ALSO! (see attachments for certificate)
Adding to its appeal is the ground-level space with potential for a commercial storefront, a true blank canvas ready to be transformed into retail, office, or creative use (buyer to verify zoning and use). This unique feature opens the door for additional income streams in one of New Orleans’ most culturally rich and high-demand neighborhoods.
An excellent addition to any investment portfolio—or for those looking to personalize and enhance a property in a historic, centrally located area, 2440 Dumaine Street offers opportunity, character, and potential in one package.
PLEASE DO NOT DISTURB TENANTS! DISCLAIMER: PHOTOS IN THIS LISTING ARE FROM PREVIOUS RENOVATIONS DONE BY CURRENT OWNER IN 2021 AND DO NOT REFLECT UNITS CURRENT LIVED IN CONDITON; PROPERTY BEING SOLD AS IS WHERE IS AND SELLER TO MAKE NO REPAIRS....
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Home facts
- Year built:1928
- Listing ID #:2536607
- Added:85 day(s) ago
- Updated:April 01, 2026 at 03:10 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,141 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:1928
- Building area:4,141 sq. ft.
- Lot area:0.08 Acres
- Lot Features:City Lot, Corner Lot, Irregular Lot
- Construction Materials:Stucco
- Foundation Description:Raised, Slab
- Levels:2 Story
Schools
- High school:Orleans Par
- Middle school:Orleans Par
- Elementary school:Orleans Par
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$529,000
- Price per sq. ft.:$127.75
Parking
- Parking description:Off Street, Three or more Spaces
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