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3304 Metropolitan Street, 
New Orleans, LA 70126

$345,000


8

Beds


6

Baths


2,996

Sq Ft


Multi-Family

Active

Listed by

Lazaro Suarez

Reve, Realtors

504-300-0700

Last updated:

January 21, 2026, 05:09 PM

MLS#

2537623

Source:

LA GSREIN

About This Home

3304 Metropolitan Street

INVESTOR ALERT: TURNKEY CASH FLOW + LOW MAINTENANCE + NEWER CONSTRUCTION = the kind of asset that’s hard to find in New Orleans—this LIKE NEW 2023 double delivers TWO large, tenant occupied units (approx. 2,996 sq.ft. total | 8 beds | 4 full baths + 2 half baths) built for durability and rentability, featuring bright NATURAL LIGHT, a true OPEN FLOOR PLAN, stylish updated kitchens with STONE COUNTERTOPS, and modern finishes that keep demand high and turns low; value adds you can underwrite with confidence include ENERGY SAVING WINDOWS, TANKLESS HOT WATER, CENTRAL HVAC, a RAISED foundation, and OFF STREET PARKING (+) all designed to reduce surprise capital expenses and protect long term returns, while the PRIME location puts you minutes to the French Quarter and Downtown for consistent tenant pull. At $345,000 with in place rents of $1,880 + $2,057 (= $3,937/mo | $47,244/yr), you’re looking at an attractive GRM of ~7.3 and a gross cap rate of ~13.69% (gross)—a READY TO PERFORM, income producing duplex positioned for reliable cash flow today and strong appreciation potential tomorrow.

Home Facts

Multi-Family

6 Baths

8 Bedrooms

Built in 2023

Price Summary

345,000

$115 per Sq. Ft.

MLS #:

2537623

Last Updated:

January 21, 2026, 05:09 PM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

4

Interior

Living Area:

2,996 Sq. Ft.


Structure

Structure

Building Area:

2,996 Sq. Ft.

Year Built:

2023


Lot

Lot Size (Sq. Ft):

5,222


Finances & Disclosures

Finances

Price:

$345,000

Price per Sq. Ft:

$115 per Sq. Ft.

Source:LA GSREIN
The information being provided by Gulf South Real Estate Information Network, Inc is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Gulf South Real Estate Information Network, Inc All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.