Tenant-Occupied Duplex With Private
326 SEGUIN Street New Orleans, LA 70114
For Sale
$299,000
Pending
MULTI_FAMILY - New Orleans, LA
Property Size2,061 SF
Days on Market19
Property Features for 326 SEGUIN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Patio and Porch features
Porch
Exterior features
Porch, River
Standard status
Pending
APN
328-SEGUINST
Size
2,061 SF
Taxes and HOA fees
Tax Description
SQ 15 LOT 22 32X132 PT 23 16X165 DBLE 326-28 SEGUIN ST
Utilities
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1928
Floors in Building
1
Number of units
2
Architectural style
Other
Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Brittany Picolo · License #995687117
(504) 862-0100
Added: Jul 9
Changed: Jul 16
Last Checked: Jul 27 at 11:06AM
MLS# 2566608
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 tenant-occupied duplex offers a straightforward two-unit setup with two 2-bedroom, 1-bath residences. Each unit includes generous living and dining rooms, kitchens with pantry space, high ceilings, abundant natural light, and original wood flooring. The layout also provides multiple closets and dedicated storage, along with its own private entrance and separate laundry/storage area. Outside, the shared backyard includes a covered patio and deck with landscaping for tenant use.
The property is located in historic Algiers Point, approximately a block and a half from the levee, with scenic river views where boats pass by daily, according to the remarks. It is about 20 feet from Congregation Coffee and roughly two blocks from the Algiers Ferry, providing convenient access toward Downtown New Orleans while maintaining the neighborhood feel.
For tenants, the units offer dedicated parking and in-unit comfort differences, with Unit 328 equipped with central air and heat installed approximately a year ago and Unit 326 using window air-conditioning units. For buyers or investors, the property provides two separate homes with individual entrances and operational separation through dedicated laundry/storage areas, supporting an owner seeking a manageable, tenant-occupied duplex configuration.
The property is located in historic Algiers Point, approximately a block and a half from the levee, with scenic river views where boats pass by daily, according to the remarks. It is about 20 feet from Congregation Coffee and roughly two blocks from the Algiers Ferry, providing convenient access toward Downtown New Orleans while maintaining the neighborhood feel.
For tenants, the units offer dedicated parking and in-unit comfort differences, with Unit 328 equipped with central air and heat installed approximately a year ago and Unit 326 using window air-conditioning units. For buyers or investors, the property provides two separate homes with individual entrances and operational separation through dedicated laundry/storage areas, supporting an owner seeking a manageable, tenant-occupied duplex configuration.
Key Highlights
- Tenant‑occupied duplex in historic Algiers Point with 2 two‑bedroom, 1‑bath units
- Approximately 2,061 total living SF (about 1,030 per unit) with separate private entrances
- River views and located about 1.5 blocks from the levee, with boats passing by daily
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 | $40.8k | $19.80 |
| − Vacancy | −$3.5k | −$1.71 |
| EGI | $37.3k | $18.09 |
| − OpEx | −$11.2k | −$5.43 |
| NOI | $26.1k | $12.66 |
2,061 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$372.8K
$326.2K – $435.0K
NOI $26,097 @ 7.0% cap · market cap 8.73%
Second Best
Apartment 5plus
$342.7K
$299.9K – $399.8K
NOI $23,988 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$523.8K
$458.4K – $611.2K
NOI $36,669 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious 2-bedroom units with private entrances, dedicated parking, and separate laundry/storage in Algiers Point.
Where is this duplex located?
The property is located at 326 SEGUIN Street New Orleans, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Tenant‑occupied duplex in historic Algiers Point with 2 two‑bedroom, 1‑bath units; Approximately 2,061 total living SF (about 1,030 per unit) with separate private entrances; River views and located about 1.5 blocks from the levee, with boats passing by daily
