# 116 S NORMAN C FRANCIS Parkway, New Orleans, LA 70119

> **TL;DR:** multi-family, $449,000 ($102/sqft), 4,390 sqft. Est. $1,946/mo. Listed 13 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $449,000 |
| Price/sqft | $102 |
| Square Feet | 4,390 |
| Stories | 2 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 13 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,946 |
| **Total** | **$1,946** |

## Property Highlights

- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 116 S NORMAN C FRANCIS Parkway, New Orleans, LA 70119
- **County:** Orleans

## Listing Agent

- **Name:** Monica Iacono
- **Brokerage:** Realty One Group Immobilia
- **Phone:** 5042286399
- **Email:** monicahiacono@gmail.com

## Primary Photo

![116 S NORMAN C FRANCIS Parkway - Primary Photo](http://lh.rdcpix.com/a8c873b23caad1319c4fe535817942bel-f1517108727r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/116-s-norman-c-francis-parkway-new-orleans-la-70119-2549904)*

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**MLS#:** 2549904 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/116-s-norman-c-francis-parkway-new-orleans-la-70119-2549904)

---

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