1925 IBERVILLE Street, New Orleans, LA 70112
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 1925 IBERVILLE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 1925-IBERVILLEST
- Size
- 2,752 SF
Taxes and HOA fees
- Tax Description
- SQ 244 LOT 20 IBERVILLE 27X110 1925-27 IBERVILLE STREET
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Stephen Nguyen License #000077878 (504) 669-8822
Listing office KELLER WILLIAMS REALTY 455-0100 3500 N Causeway Blvd Suite 350, Metairie, LA (504) 455-0100
Listing date Jun 26, 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
- Very well maintained camelback tri‑plex on Iberville St built in 1925
- Central heating and central air; shingle roof
- Units 1925 and 1927 each offer 1,023 SF with shotgun‑style layout, full bath, and furnished kitchen
- Unit 1925‑A is a rear 2nd‑floor unit with 706 SF, two independent bedrooms, and a full bath
- Rental figures provided: unit 1927 paid $1,500/month; units 1925 and 1925‑A projected/current rent of $1,500
- Utilities metering: 3 separate electrical meters and 1 water meter; X Flood Zone
Overview
Located on Iberville Street in the border area of Mid-City and Treme, the property is described as one block from Canal St and the University Medical Center area. The listing notes easy access to the Canal St Streetcar line and I-10, with the CBD and French Quarter also within reach, plus proximity to Lafitte Greenway and many nearby grocery stores and restaurants.
Designed for flexibility, the layout supports an owner occupant who lives in one unit while renting the other two. According to the listing, unit 1927 previously paid $1,500 per month, unit 1925 is projected at $1,500 per month, and unit 1925-A is currently rented at $1,500 per month. This makes the property straightforward for buyers looking for multiple revenue-producing units under one roof.
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 | $54.5k | $19.80 |
| − Vacancy | −$4.7k | −$1.71 |
| EGI | $49.8k | $18.09 |
| − OpEx | −$14.9k | −$5.43 |
| NOI | $34.8k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.079214
- Latitude
- 29.961826
