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Historic Duplex with Original Fireplaces

4412 S CARROLLTON Avenue New Orleans, LA 70119

4412 S CARROLLTON Avenue, New Orleans, LA, 70119
$400,000
For Sale
$400,000

MULTI_FAMILY - New Orleans, LA

Property Size2,179 SF
Price / SF$183.57
Days on Market9

Property Features for 4412 S CARROLLTON Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Standard status
Active
APN
1-05-3-046-31
Size
2,179 SF

Taxes and HOA fees

Tax Description
SQ 759 LOTS 41 A PT 18 & 15 S CARROLLTON 32' X 120' 2. 4412-4414 S CARROLLTON AVE

Utilities

Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1933
Floors in Building
1
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency KELLER WILLIAMS REALTY 455-0100
3500 N Causeway Blvd Suite 350, Metairie, LA
Listed by Aurelia Montalvo
Added: Jul 9 Checked: Jul 17 at 3:06 pm
MLS# 2567040

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 duplex residence offers a classic interior with high ceilings and original fireplaces in each room, along with very spacious bedrooms. The layout supports flexible living arrangements, including the ability to live on one side and rent the other side for income.

Situated in New Orleans, the property is described as being in an historic area surrounded by restaurants, shopping, and local universities and high schools. It is also noted to be a few minutes from Audubon Park and City Park, with the zoo close by for nearby recreation.

Key Highlights

  • Year built 1933 with shingle roof and window unit cooling
  • Original fireplaces in each room
  • Public water source and off‑street parking

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 $43.1k $19.80
− Vacancy −$3.7k −$1.71
EGI $39.4k $18.09
− OpEx −$11.8k −$5.43
NOI $27.6k $12.66
2,179 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$394.2K
$344.9K – $459.9K (±1% cap)
NOI $27,592 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$362.3K
$317.0K – $422.7K (±1% cap)
NOI $25,361 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$570.2K
$498.9K – $665.2K (±1% cap)
NOI $39,912 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex home features high ceilings, original fireplaces, and spacious bedrooms—suited for owner-occupant or rental income.
Where is this duplex located?
The property is located at 4412 S CARROLLTON Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Year built 1933 with shingle roof and window unit cooling; Original fireplaces in each room; Public water source and off‑street parking
Contact an agent
More about this property
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