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Back 503 Third Street
Off Market

503 Third Street

New Orleans LA 70130

4
2
1577 sq. ft.
Duplex
ARNOLD YOOARNOLD YOO, last sold this property on 30 October 2025 after 22 days on market.

Overview

Charming Irish Channel duplex offering income potential in one of New Orleans’ most desirable neighborhoods! Great opportunity for owner-occupant or investor—live in one side while your tenant helps pay the mortgage. The front two-story unit features 2 BR/1.5 BA with fresh coat of paint, slow-close cabinets, new fixtures, and lighting. The patio unit offers 2 BR/1 BA with new flooring, vanity, and kitchen improvements—move-in ready! Major upgrades include a new roof (2024), foundation and column repairs. The private courtyard provides space for entertaining. Fantastic walkable location near Magazine Street restaurants, bars, and shops, with quick access to Tchoupitoulas, the Garden District, and the French Quarter. A turnkey double in one of New Orleans’ most desirable neighborhoods! **Unit 505 is currently receiving $1400/mnth on a month to month basis (Lease has expired).

Features

4 bedrooms
2 bathrooms
1577 sq. ft. floor area
Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in New Orleans over the last 12 months, the estimated median property value of 503 Third Street is $425k.

Median value
$425k
Estimated value range
$200k - $775k
Median days on market
33
Estimated value trend
-48%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New Orleans. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 503 Third Street

2025
Sold
Undisclosed
30 Oct 2025 by ARNOLD YOO, of McEnery Residential, LLC
2005
Sold
Undisclosed
19 May 2005 by STEPHANIE WOODSIDE, of Compass Garden District (LATT18)

Happy sellers in New Orleans

79%
79% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

New Orleans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in New Orleans over the last 12 months.

Local market activity for 4 bedroom duplexes in New Orleans

In the last 12 months, 8 four-bedroom duplexes similar to 503 Third Street, have been sold.

This represents a 53% increase in four-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in New Orleans

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LESLIE HEINDEL

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  •   5   (156 reviews)
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Bonnie LaNasa

Bonnie LaNasa is a recommended agent for New Orleans.  They have 6 local sales and collected 5 local reviews across the last 12 months.

  •   5   (39 reviews)
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Heather Shields

Sellers who recommend Heather Shields have praised them for being local expert, responsive, clear communication, supportive, patient, empathetic, and friendly

  •   5   (60 reviews)
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Jessica Rocco

Jessica Rocco is a recommended agent for New Orleans.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (27 reviews)
  •  2 Reviews in New Orleans
  •  1 Sale in New Orleans
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