New Orleans Multifamily
3213 TOLEDANO Street New Orleans, LA 70125
3213 TOLEDANO Street, New Orleans, LA, 70125
$385,000
For Sale
$385,000
MULTI_FAMILY - New Orleans, LA
Property Size2,475 SF
Lot Size0.08 Acres
Price / SF$155.56
Days on Market72
Property Features for 3213 TOLEDANO Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 412402912
- Size
- 2,475 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 439 LOT 16 TOLEDANO 31X114 OVER 119
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Contemporary
Listing Agency
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
3500 N Causeway Blvd Suite 350, Metairie, LA
Listed by
Maya Madison · License #0995693263
(504) 669-8822
Added: May 9 Checked: Jul 19 at 9:06 am
MLS# 2556973
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 is a newly constructed duplex located in New Orleans, LA. Each unit features 3 bedrooms and 2 full bathrooms with modern finishes. The units have stainless steel appliances, stone countertops, and open-concept living spaces. The upstairs unit includes a private balcony and 9-foot ceilings, while the downstairs unit has 10-foot ceilings and ample storage. A long driveway provides off-street parking for two cars in the rear. The property is suitable for investors seeking rental income and low maintenance.
Key Highlights
- New construction double (built in 2025) with two fully leased units, ideal for immediate rental income.
- Each unit features 3 bedrooms and 2 full baths with modern finishes.
- Both units include stainless steel appliances and stone countertops.
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 | $49.0k | $19.80 |
| − Vacancy | −$4.2k | −$1.71 |
| EGI | $44.8k | $18.09 |
| − OpEx | −$13.4k | −$5.43 |
| NOI | $31.3k | $12.66 |
2,475 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.7K
$391.8K – $522.3K
NOI $31,340 @ 7.0% cap · market cap 8.14%
Second Best
Apartment 5plus
$411.5K
$360.1K – $480.1K
NOI $28,806 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$629.1K
$550.4K – $733.9K
NOI $44,034 @ 7.0% cap · market cap 11.44%
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 - New construction duplex with modern finishes and off-street parking.
Where is this duplex located?
The property is located at 3213 TOLEDANO Street New Orleans, LA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: New construction double (built in 2025) with two fully leased units, ideal for immediate rental income.; Each unit features 3 bedrooms and 2 full baths with modern finishes.; Both units include stainless steel appliances and stone countertops.
