Broadmoor Duplex with Separate
4200 S DERBIGNY Street New Orleans, LA 70125
4200 S DERBIGNY Street, New Orleans, LA, 70125
$365,000
For Sale
$365,000
MULTI_FAMILY - New Orleans, LA
Property Size2,256 SF
Price / SF$161.79
Days on Market67
Property Features for 4200 S DERBIGNY Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 614342613
- Size
- 2,256 SF
Taxes and HOA fees
- Tax Description
- As Per Title
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Spanish
Listing Agency
REVE, REALTORS
(504) 300-0700
4827 Prytania St, New Orleans, LA
Listed by
Joey Walker · License #995699523
(504) 300-0700
Added: May 12 Checked: Jul 17 at 11:06 am
MLS# 2556661
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.
4200-02 S. Derbigny is a Broadmoor duplex with two well-sized units, each offering 3 bedrooms and 2 full baths. The upstairs unit is being offered fully furnished, excluding artwork and personal items. Common interior updates include laminate wood flooring through the living spaces, kitchens with stone counters, stainless appliances, and solid cabinet storage, along with updated bathrooms featuring tiled showers. Each unit also includes indoor laundry for convenience, and the bedroom layouts are arranged independently within each unit. A covered balcony with arches gives the property a standout exterior presence.
The lower unit provides an easy, functional flow with direct access to the yard. Exterior amenities include gated, off-street parking in the driveway plus a detached garage, with low-maintenance grounds that include a small courtyard space. The roof was installed in 2024, and separate meters are in place to support straightforward utility management.
This property is a practical fit for an owner-occupant who wants rental income from a second unit or for an investor looking for two updated units with independent utility metering. With modern finishes throughout, indoor laundry in both units, and dedicated parking, it offers a move-in-ready configuration designed for comfortable day-to-day living.
The lower unit provides an easy, functional flow with direct access to the yard. Exterior amenities include gated, off-street parking in the driveway plus a detached garage, with low-maintenance grounds that include a small courtyard space. The roof was installed in 2024, and separate meters are in place to support straightforward utility management.
This property is a practical fit for an owner-occupant who wants rental income from a second unit or for an investor looking for two updated units with independent utility metering. With modern finishes throughout, indoor laundry in both units, and dedicated parking, it offers a move-in-ready configuration designed for comfortable day-to-day living.
Key Highlights
- Broadmoor duplex with two units, each offering 3 bedrooms and 2 full baths
- New roof installed in 2024
- Central heating and central air for the duplex
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 | $44.7k | $19.80 |
| − Vacancy | −$3.9k | −$1.71 |
| EGI | $40.8k | $18.09 |
| − OpEx | −$12.2k | −$5.43 |
| NOI | $28.6k | $12.66 |
2,256 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$408.1K
$357.1K – $476.1K
NOI $28,567 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$375.1K
$328.2K – $437.6K
NOI $26,257 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$573.4K
$501.7K – $669.0K
NOI $40,138 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Distinctive Broadmoor duplex offers two updated 3-bedroom units with indoor laundry, separate meters, and gated off-street parking.
Where is this duplex located?
The property is located at 4200 S DERBIGNY Street New Orleans, LA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Broadmoor duplex with two units, each offering 3 bedrooms and 2 full baths; New roof installed in 2024; Central heating and central air for the duplex
