Uptown New Orleans Duplex
3309 4TH Street New Orleans, LA 70125
3309 4TH Street, New Orleans, LA, 70125
$210,000
For Sale
$210,000
MULTI_FAMILY - New Orleans, LA
Property Size1,590 SF
Lot Size0.08 Acres
Price / SF$132.08
Days on Market424
Property Features for 3309 4TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Exterior features
- Window Screens
- Standard status
- Active
- APN
- 412402703
- Size
- 1,590 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 437 LOT 3 FOURTH 30X112
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing Agency
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
3500 N Causeway Blvd Suite 350, Metairie, LA
Listed by
Vasha Chevalier · License #0588462
(504) 669-8822
Added: May 20, 2025 Checked: Jul 17 at 8:06 pm
MLS# 2502774
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 charming duplex home is located in the heart of Uptown. The property features two bedrooms and one bathroom on each side. It also includes a spacious fenced-in backyard. The property is centrally located. The lot size is 0.0771 acres, and the property size is 1590 square feet.
Key Highlights
- Duplex home in the heart of Uptown.
- Two units, each with 2 bedrooms and 1 bathroom.
- Spacious fenced‑in backyard.
Local Financial Insights For Apartment 5plus
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 | $37.0k | $23.28 |
| − Vacancy | −$3.4k | −$2.12 |
| EGI | $33.6k | $21.16 |
| − OpEx | −$15.1k | −$9.52 |
| NOI | $18.5k | $11.64 |
1,590 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.6K
$251.7K – $335.6K
NOI $20,133 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$264.4K
$231.3K – $308.4K
NOI $18,506 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$404.1K
$353.6K – $471.5K
NOI $28,289 @ 7.0% cap · market cap 13.47%
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 - Charming duplex in Uptown with spacious fenced backyard.
Where is this duplex located?
The property is located at 3309 4TH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex home in the heart of Uptown.; Two units, each with 2 bedrooms and 1 bathroom.; Spacious fenced‑in backyard.
