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936-Sq. Ft. Tropical Fairgrounds Shotgun Asks $199K

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While not as small as that 103-square-foot French Quarter apartment, this still falls in the category of "small full-time residence or scaled-down seasonal party pad?" This 956 square-foot , two-bedroom shotgun right across the street from Jazz Fest central is tiny and tropical. The "rustic" qualities of the interior are charming at times and troublesome in others (mainly, we're not sure if there's kitchen appliances aside from a fridge). But the palm-lined back courtyard is nice, and if you're a Jazz Fest fan this could be a fun little party pad. The asking price? $199,000.

· 1668 N. Gayoso St. [Realtor.com]