Renovated Duplex with High
3912 THALIA Street New Orleans, LA 70125
For Sale
$369,500
MULTI_FAMILY - New Orleans, LA
Property Size2,054 SF
Price / SF$179.89
Days on Market54
Property Features for 3912 THALIA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Exterior features
- Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 1
- Size
- 2,054 SF
Taxes and HOA fees
- Tax Description
- SQ 482 LOT 19 THALIA 32' X 111' 10"
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Amber Hines · License #995716810
(337) 522-7554
Added: Jun 1
Changed: Jun 8
Last Checked: Jul 24 at 1:06PM
MLS# 2561352
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 beautifully renovated duplex offers a classic New Orleans character with modern updates throughout. The double includes features such as high ceilings, arched hallways, and exposed brick, creating a distinct interior feel. Suitable for buyers seeking an owner-occupy layout or a residential income setup, the property is presented as a renovated, move-in-ready asset.
Set in Uptown New Orleans at 3912 Thalia Street (70125), the home is positioned just a few doors down from Zony Mash. The remarks also note views of Five-O-Fore Golf and the new Fox 8 building, with convenient access to Downtown, Tulane, Xavier, and University Medical Center.
For tenant or owner-occupant fit, the property’s refreshed interiors and traditional design elements support a comfortable living experience while maintaining a duplex configuration that can accommodate multiple households. The convenient Uptown setting and access to major employment and education destinations may appeal to residents who want practical day-to-day connectivity while still operating with an income-capable property structure.
Set in Uptown New Orleans at 3912 Thalia Street (70125), the home is positioned just a few doors down from Zony Mash. The remarks also note views of Five-O-Fore Golf and the new Fox 8 building, with convenient access to Downtown, Tulane, Xavier, and University Medical Center.
For tenant or owner-occupant fit, the property’s refreshed interiors and traditional design elements support a comfortable living experience while maintaining a duplex configuration that can accommodate multiple households. The convenient Uptown setting and access to major employment and education destinations may appeal to residents who want practical day-to-day connectivity while still operating with an income-capable property structure.
Key Highlights
- Double built in 1980 with classic New Orleans features including high ceilings, arched hallways, and exposed brick
- Central heating and central air conditioning
- Porch and fenced exterior
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 | $40.7k | $19.80 |
| − Vacancy | −$3.5k | −$1.71 |
| EGI | $37.2k | $18.09 |
| − OpEx | −$11.1k | −$5.43 |
| NOI | $26.0k | $12.66 |
2,054 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$371.6K
$325.1K – $433.5K
NOI $26,009 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$341.5K
$298.8K – $398.4K
NOI $23,906 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$522.1K
$456.8K – $609.1K
NOI $36,544 @ 7.0% cap · market cap 9.89%
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 - A newly renovated double featuring high ceilings, arched hallways, and exposed brick in Uptown New Orleans.
Where is this duplex located?
The property is located at 3912 THALIA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: Double built in 1980 with classic New Orleans features including high ceilings, arched hallways, and exposed brick; Central heating and central air conditioning; Porch and fenced exterior
