Duplex With Updated
1919 S RENDON Street New Orleans, LA 70125
1919 S RENDON Street, New Orleans, LA, 70125
$324,900
For Sale
$324,900
MULTI_FAMILY - New Orleans, LA
Property Size2,088 SF
Price / SF$155.60
Days on Market99
Property Features for 1919 S RENDON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Off Street
- Standard status
- Active
- APN
- 1919
- Size
- 2,088 SF
Taxes and HOA fees
- Tax Description
- SQ 185 A LOT G-1
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing Agency
Crane Realtors
(504) 210-2014
138 N Cortez Street, New Orleans, LA
Listed by
Aaron Dare · License #995681183
(504) 899-8666
Added: Apr 10 Checked: Jul 17 at 10:06 pm
MLS# 2552257
Listing URL
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 duplex offers a practical upper-and-lower layout with two bedrooms and one full bathroom in each unit. Both units include spacious living and dining areas with good natural light, plus updated kitchens with granite counters and stainless appliances. Bedrooms are positioned toward the rear with a shared hall bath featuring a tub and shower combination. The lower unit has wood-look tile floors, while the upper unit features wood flooring. Each unit also has its own in-unit laundry for added resident convenience. Outdoor space is provided by a large backyard, and a driveway supports off-street parking. The roof is less than 5 years old.
Located in the Fontainebleau neighborhood, the property is described as having easy access to nearby restaurants, shops, universities, and a quick drive to downtown.
For buyers or operators seeking a duplex configuration with two self-contained units, this layout provides clear separation between upper and lower living spaces and in-unit laundry for day-to-day ease. The combination of updated kitchen finishes and relatively recent roofing may also appeal to tenants looking for functional, well-maintained interiors alongside dedicated parking and outdoor space.
Located in the Fontainebleau neighborhood, the property is described as having easy access to nearby restaurants, shops, universities, and a quick drive to downtown.
For buyers or operators seeking a duplex configuration with two self-contained units, this layout provides clear separation between upper and lower living spaces and in-unit laundry for day-to-day ease. The combination of updated kitchen finishes and relatively recent roofing may also appeal to tenants looking for functional, well-maintained interiors alongside dedicated parking and outdoor space.
Key Highlights
- Duplex with 2 bedrooms and 1 full bath in each unit (upper and lower layouts)
- Updated kitchens in both units with granite counters and stainless appliances
- Each unit includes in‑unit laundry and separate heating/cooling via central HVAC and central air
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 | $41.3k | $19.80 |
| − Vacancy | −$3.6k | −$1.71 |
| EGI | $37.8k | $18.09 |
| − OpEx | −$11.3k | −$5.43 |
| NOI | $26.4k | $12.66 |
2,088 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$377.7K
$330.5K – $440.7K
NOI $26,439 @ 7.0% cap · market cap 8.14%
Second Best
Apartment 5plus
$347.2K
$303.8K – $405.0K
NOI $24,302 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$530.7K
$464.4K – $619.2K
NOI $37,149 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units each with in-unit laundry, updated kitchens, and off-street parking in a convenient New Orleans area.
Where is this duplex located?
The property is located at 1919 S RENDON Street New Orleans, LA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Duplex with 2 bedrooms and 1 full bath in each unit (upper and lower layouts); Updated kitchens in both units with granite counters and stainless appliances; Each unit includes in‑unit laundry and separate heating/cooling via central HVAC and central air
