Fenced-Lot Duplex with
1916 CONSTANTINOPLE Street New Orleans, LA 70115
1916 CONSTANTINOPLE Street, New Orleans, LA, 70115
$315,000
For Sale
$315,000
MULTI_FAMILY - New Orleans, LA
Property Size1,579 SF
Lot Size0.08 Acres
Price / SF$199.49
Days on Market15
Property Features for 1916 CONSTANTINOPLE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 614306314
- Size
- 1,579 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 473 LOT 18 CONSTANTINOPLE 30X120 1916-18 CONSTANTINOPLE ST DU-W MAJOR DEFICIENCIES FILE #85879 7/03
Utilities
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1913
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Keller Williams Realty New Orleans
(504) 862-0100
Listed by
David Ernst · License #995683148
(504) 862-0100
Added: Jul 9 Updated: Jul 20 at 9:27PM Checked: Jul 23 at 1:06AM
MLS# 2566374
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 renovated New Orleans duplex sits on a deep, fenced 30' x 120' lot. Each side offers 2 bedrooms and 1 bath with original pine floors and historic fireplace mantels. The 1918 side also includes exposed brick and custom-built closets. The property was extensively renovated after Hurricane Katrina with preservation-focused upgrades, including a fortified-style, high-wind-rated roof less than one year old, HardiePlank siding, updated electrical wiring and plumbing, major structural improvements, attic insulation, significant sewer lateral repairs, and replaced fencing. Both bathrooms have been fully renovated and feature restored clawfoot tubs. Restored shutters, vents, hardware, and a custom stained-glass window are additional period details.
The 1916 side is vacant with a freshly painted interior and is described as easy to show. The 1918 side is tenant-occupied. Separate electric and water meters are in place for tenant utility payments, and appliances remain, including a newer dishwasher and stacked washer/dryer. Raised foundation and gas heat are also noted. The property is approximately two blocks from the St. Charles Avenue streetcar and within walking distance to Napoleon Avenue.
Sold as-is with a waiver of redhibition.
The 1916 side is vacant with a freshly painted interior and is described as easy to show. The 1918 side is tenant-occupied. Separate electric and water meters are in place for tenant utility payments, and appliances remain, including a newer dishwasher and stacked washer/dryer. Raised foundation and gas heat are also noted. The property is approximately two blocks from the St. Charles Avenue streetcar and within walking distance to Napoleon Avenue.
Sold as-is with a waiver of redhibition.
Key Highlights
- Classic New Orleans double/duplex built in 1913 with 2 bedrooms and 1 bath per residence (1,579 total living SF).
- Deep 30' x 120' fenced lot; both sides have natural gas heat and shingle roof.
- Extensively renovated after Hurricane Katrina, including fortified‑style high‑wind‑rated roof less than 1 year old.
Local 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 | $21.2k | $13.44 |
| − Vacancy | −$1.8k | −$1.16 |
| EGI | $19.4k | $12.28 |
| − OpEx | −$5.8k | −$3.68 |
| NOI | $13.6k | $8.60 |
1,579 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$193.9K
$169.7K – $226.2K
NOI $13,572 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$171.9K
$150.4K – $200.5K
NOI $12,031 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$416.6K
$364.5K – $486.0K
NOI $29,161 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - New Orleans duplex on a deep, fenced lot with updated systems and a recently replaced high-wind roof.
Where is this duplex located?
The property is located at 1916 CONSTANTINOPLE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Classic New Orleans double/duplex built in 1913 with 2 bedrooms and 1 bath per residence (1,579 total living SF).; Deep 30' x 120' fenced lot; both sides have natural gas heat and shingle roof.; Extensively renovated after Hurricane Katrina, including fortified‑style high‑wind‑rated roof less than 1 year old.
