Camelback Duplex with Garden
1021 POLAND Avenue New Orleans, LA 70117
For Sale
$599,900
COMMERCIAL - New Orleans, LA
Property Size2,944 SF
Lot Size0.12 Acres
Price / SF$203.77
Days on Market19
Property Features for 1021 POLAND Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HMR3
- Parking features
- Garage, Off Street
- Standard status
- Active
- APN
- 1023-POLANDAV
- Size
- 2,944 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- SQ 349 LOTS 6 7 POLAND 53X100 1 1/2 ST FR/DBLE 12/RM C/R C/PORT 1021 1023 P OLAND AV
Utilities
- Water source
- Public
Building Details
- Year built
- 1919
- Floors in Building
- 2
Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Michael Styles · License #995690479
(504) 862-0100
Added: Jul 6
Changed: Jul 16
Last Checked: Jul 24 at 2:06PM
MLS# 2566375
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.
Investment Insights
Based on property information with market context.
This camelback duplex with an accessory garden house is set on an oversized lot and offers distinctive New Orleans architectural character throughout. Interiors feature original hardwood floors, soaring ceilings, and exposed brick fireplaces. Each unit has a non-shotgun layout and includes bonus rooms off the primary bedrooms that can support home office or flex-room use. The property has been carefully maintained and updated, including a full exterior paint job and awning removal, new sewer line servicing the units, complete ductwork replacement, and rebuilding the back balcony and deck. A charming bonus space adds additional usability within the overall configuration.
The home sits in Flood Zone X and is zoned HMR-3. Outdoor spaces are a strong component of the layout, with a covered front porch, a fully fenced private patio, and a newly rebuilt back balcony with views of the Mississippi River. The driveway is currently used as additional patio space and could be converted back to accommodate at least two vehicles.
For buyers seeking an owner-occupant setup or an income-focused residential asset, the combination of duplex living and an accessory structure supports a flexible arrangement. With in-place updates to major building systems and multiple outdoor gathering areas, the property is positioned for tenants or residents who value historic details alongside practical, livable room layouts.
The home sits in Flood Zone X and is zoned HMR-3. Outdoor spaces are a strong component of the layout, with a covered front porch, a fully fenced private patio, and a newly rebuilt back balcony with views of the Mississippi River. The driveway is currently used as additional patio space and could be converted back to accommodate at least two vehicles.
For buyers seeking an owner-occupant setup or an income-focused residential asset, the combination of duplex living and an accessory structure supports a flexible arrangement. With in-place updates to major building systems and multiple outdoor gathering areas, the property is positioned for tenants or residents who value historic details alongside practical, livable room layouts.
Key Highlights
- Camelback duplex plus garden house on an oversized lot in the Bywater
- Zoned HMR‑3; built in 1919
- Off‑street parking and a garage; public water service
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.3k | $19.80 |
| − Vacancy | −$5.0k | −$1.71 |
| EGI | $53.3k | $18.09 |
| − OpEx | −$16.0k | −$5.43 |
| NOI | $37.3k | $12.66 |
2,944 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$532.5K
$466.0K – $621.3K
NOI $37,278 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$489.5K
$428.3K – $571.1K
NOI $34,265 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$748.3K
$654.7K – $873.0K
NOI $52,379 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bean Electric LLC
Big Box & Wholesale Store
FAQs
What type of property is this?
Duplex - Zoned HMR-3, this maintained duplex includes bonus rooms and a fenced patio plus an accessory garden house.
Where is this duplex located?
The property is located at 1021 POLAND Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Camelback duplex plus garden house on an oversized lot in the Bywater; Zoned HMR‑3; built in 1919; Off‑street parking and a garage; public water service
