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5640 42 Catina Street
New Orleans, LA 70124

$499,000 - Status: Active
SQFT: 4,610
MLS# 2555372

Discover the perfect blend of spacious living, strong cash flow, and long-term value in this standout 10-bedroom, 6-bathroom double - an exceptional investment opportunity in the trendy Navarre neighborhood that delivers everything today's investors and multi-generational families are searching for. Already generating a solid $4,000 per month in rental income, this income-producing powerhouse has even more upside. With minor cosmetic refreshes or strategic market-rate adjustments, rents can climb higher in this high-demand neighborhood. Each side boasts multiple independent bedrooms, full kitchens, comfortable living areas, dedicated bathrooms, and convenient laundry rooms complete with washer/dryers. Highlights include off-street driveway parking (a true New Orleans luxury!), Flood Zone X advantages for lower insurance costs, 2026 roof and brand new fence. The neighborhood offers the perfect mix of convenience and charm?top-rated schools, nearby parks, City Park, the lakefront, and easy access to dining, shopping, and downtown. This is one of New Orleans' most stable, appreciating areas where strong rental demand meets long-term value. Whether you're an investor seeking turnkey cash flow, a homeowner dreaming of spacious multi-generational living, or a visionary ready to polish this diamond for maximum returns, this one checks every box. Size, location, parking, flood zone benefits, recent upgrades, and reliable income make it a true standout. Don't miss this rare opportunity to own a piece of one of New Orleans' most desirable neighborhoods. Strong monthly income, roomy comfortable living, and outstanding long-term appreciation potential?all wrapped up in one impressive package. Schedule your private showing today and discover why this duplex is the smart choice for your next real estate move!

Property Features

MLS#: 2555372
Zip: 70124
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Number of Units: 2
Cooling: Central Air
Days on Site: 5
Fenced: Yes
Heating: Central
Home Style: Duplex
Lot Size:
Roof Type: Shingle
Stories: 2.0
Year Built: 1957

Feature Descriptions

Exterior: Vinyl Siding
Exterior Features: Fence
Laundry: Inside
Lot Description: City Lot, Rectangular Lot
Lot Dimensions: 50 x 120
Parking: Off Street
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 2
Water: Public

5640 42 Catina Street | MLS# 2555372

This multi-family property located at 5640 42 Catina Street , New Orleans, LA 70124 is currently listed for sale with an asking price of $499,000. Search New Orleans real estate on www.riccire.com today.

Listed By / Shown By

Listed By

Agency Name: REVE, REALTORS
Agency Phone: (504) 300-0700

Shown By

Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050

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