1925 FERN Street, New Orleans, LA 70118
MULTI_FAMILY - New Orleans, LA
- Added:
- Mar 6, 2026
- Days on Market:
- 96
- Last Refresh:
- Jun 10 at 4:06 am
Property Features for 1925 FERN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 716301815
- Size
- 1,126 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 253 LOT 16 FERN 30 X 120 1925-27 FERN
Utilities
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Andre Cardinale (337) 522-7554
Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA (337) 522-7554
Listing date Mar 6, 2026
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.
HighLights
- Unbeatable location in Carrollton neighborhood
- Great investment/renovation opportunity
- Opportunity to renovate to original glory
- Potential for rental income
- Property may be eligible for tax credits
- Year Built: 1973
Overview
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 | $22.3k | $19.80 |
| − Vacancy | −$1.9k | −$1.71 |
| EGI | $20.4k | $18.09 |
| − OpEx | −$6.1k | −$5.43 |
| NOI | $14.3k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.122123
- Latitude
- 29.951213