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116 S NORMAN C FRANCIS Parkway
New Orleans LA 70119 US

$449,000

Active Listing ID 2549904
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Duplex

$449,000

Active Listing ID 2549904
Save

116 S NORMAN C FRANCIS Parkway Exceptional mixed-use opportunity in the heart of New Orleans! This expansive 4300 sq. ft. property features two fully renovated units (2017), offering the perfect combination of modern living and strong income potential. The owner's unit showcases a beautifully updated 4-bedroom, 2.5-bath layout with high end finishes and thoughtful design throughout. The second unit spans approximately 1600 sq. ft. and offers 3 bedrooms and 2 bathrooms, providing consistent income-producing capability. Historically generating $4200/month ($50, 400 annually), this property delivers an estimated ~7.9% cap rate at the current list price, making it an exceptional opportunity for both investors and owner-occupants. Zoned for both residential and commercial use, the flexibilty allows for a wide range of possibilities, including live/work, long term rental, or business use. Rare chance to own a high performing, fully renovated asset in one of New Orleans' most desirable areas.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Fence
  • Roof Type: Shingle
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 449000
  • unparsedaddress: 116 S NORMAN C FRANCIS Parkway
  • postalcity: New Orleans
  • stateorprovince: LA
  • country: US
  • postalcode: 70119
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 4390
  • livingareaunits: Square Feet
  • listagentfullname: Monica Iacono
  • listagentemail: monicahiacono@gmail.com
  • listagentkey: 3yd-NOMARLA-iacomoni
  • listagentmlsid: iacomoni
  • listagentpreferredphone: 5042286399
  • listagentofficephone: 5042286399
  • listofficekey: 3yd-NOMARLA-IMRS02
  • listofficemlsid: IMRS02
  • disclaimer: Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NOMARLA
  • listingcontractdate: 2026-03-28
  • countyorparish: Orleans
  • cooling: Central Air
  • constructionmaterials: Brick
  • heating: Central
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Realty ONE Group
  • exteriorfeatures: Fence
  • architecturalstyle: New Traditional
  • rooms: Laundry
  • entrylevel: 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty One Group Immobilia", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"RealtyOneGroupImmobilia@gmail.com", "ListBrokerageCity":"Mandeville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"karenclokedavis@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Realty One Group Immobilia", "ListBrokeragePhone":"(504) 228-6399", "ListBrokeragePostalCode":"70448", "ListBrokerageStateOrProvince":"LA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"137 Girod St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3421 N. Causeway Blvd, Ste 305", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Metairie", "ListOfficeCountry":"US", "ListOfficeEmail":"karenclokedavis@gmail.com", "ListOfficePostalCode":"70002", "ListOfficeStateOrProvince":"LA", "ListPriceCurrencyType":"USD", "ListingTitle":"Traditional, Duplex - New Orleans, LA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/116-S-Norman-C-Francis-Pkwy_New-Orleans_LA_70119_M86933-02067?f=listhub&s=NOMARLA&m=2549904&c=rexren", "MLSModificationTimestamp":"2026-04-02T14:00:06Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Duplex", "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/2/2026 11:31:45 PM GMT
Source Updated Date: 4/4/2026 6:53:29 PM GMT

Courtesy of: Monica Iacono, Realty One Group Immobilia, monicahiacono@gmail.com

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.