Camelback Duplex With Yard
3902 LOUISIANA AVENUE Parkway New Orleans, LA 70125
For Sale
$264,900
MULTI_FAMILY - New Orleans, LA
Property Size2,010 SF
Price / SF$131.79
Days on Market304
Property Features for 3902 LOUISIANA AVENUE Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Exterior features
- Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 614361303
- Size
- 2,010 SF
Taxes and HOA fees
- Tax Description
- SQ G Lot B C 60/77/74
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2010
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Other
Listing Agency:
Homesmart Realty South
(504) 908-7653
Listed By:
Stephen Leaumont
(504) 908-5037
Added: Sep 25, 2025
Changed: Jul 7
Last Checked: Jul 25 at 4:06AM
MLS# 2523675
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 shotgun camelback style duplex provides two residential units with an open living room and kitchen on each side. Each unit also includes a laundry room, a downstairs bathroom, and one bedroom with outside yard access. Upstairs, each side has two additional bedrooms and one full bath, for a total of three bedrooms and two full baths per unit.
The property is located at 3902 Louisiana Avenue Parkway in New Orleans, in the East Broadmoor area near S Board and Washington.
The layout is straightforward for tenants seeking separate living areas within a duplex configuration, with in-unit laundry and dedicated bath access arranged across both levels. The downstairs bedroom’s outside yard access may also appeal to renters who prefer direct exterior connectivity as part of their daily routine.
The property is located at 3902 Louisiana Avenue Parkway in New Orleans, in the East Broadmoor area near S Board and Washington.
The layout is straightforward for tenants seeking separate living areas within a duplex configuration, with in-unit laundry and dedicated bath access arranged across both levels. The downstairs bedroom’s outside yard access may also appeal to renters who prefer direct exterior connectivity as part of their daily routine.
Key Highlights
- Duplex in the East Broadmoor area featuring a shotgun camelback style layout
- Built in 2010 and served by public water
- Includes a living room and kitchen, plus 3 bedrooms and 2 full baths
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 | $46.8k | $23.28 |
| − Vacancy | −$4.3k | −$2.12 |
| EGI | $42.5k | $21.16 |
| − OpEx | −$19.1k | −$9.52 |
| NOI | $23.4k | $11.64 |
2,010 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$363.6K
$318.2K – $424.2K
NOI $25,452 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$334.2K
$292.4K – $389.9K
NOI $23,394 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$510.9K
$447.0K – $596.0K
NOI $35,761 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Shotgun camelback duplex with per-side living spaces, laundry, two full baths, and downstairs bedroom yard access.
Where is this duplex located?
The property is located at 3902 LOUISIANA AVENUE Parkway New Orleans, LA.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Duplex in the East Broadmoor area featuring a shotgun camelback style layout; Built in 2010 and served by public water; Includes a living room and kitchen, plus 3 bedrooms and 2 full baths
