Mid-City New Orleans
4812-14 CONTI Street New Orleans, LA 70119
4812-14 CONTI Street, New Orleans, LA, 70119
$350,000
Pending
For Sale
$350,000
Pending
MULTI_FAMILY - New Orleans, LA
Property Size1,708 SF
Days on Market78
Property Features for 4812-14 CONTI Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Exterior features
- Fence, Porch
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 206210623
- Size
- 1,708 SF
Taxes and HOA fees
- Tax Description
- SQ 615 LOT 19 CONTI 32X120
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Crane Realtors
(504) 210-2014
138 N Cortez Street, New Orleans, LA
Listed by
Aaron Dare · License #995681183
(504) 899-8666
Added: May 1 Checked: Jul 17 at 10:06 pm
MLS# 2555295
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.
Located in the heart of Mid-City, just four blocks from City Park Avenue and City Park, this classic double offers New Orleans charm in a convenient, walkable central location. The property is surrounded by neighborhood restaurants, coffee shops, and local establishments, and is situated only three blocks from Canal Street and the streetcar line, providing easy access to Uptown and Downtown. Each side of the duplex features original heart pine hardwood floors, 9-foot ceilings, and ample natural light through original windows. Spacious living and dining areas flow easily between rooms, maintaining the traditional double layout with historic details such as built-in shelving, decorative mantels, and transom windows. Both kitchens and baths retain vintage charm with practical updates. The kitchens are located in the second to last room, allowing for a private bedroom at the rear with direct access to the backyard. Improvements include a new roof in 2021, new gutters in 2024, and new electrical in 2012. New central AC was installed on both sides in 2024. Each unit also offers its own full-size washer and dryer and separate fenced backyards, ideal for gardening or private outdoor space. The property size is 1708 square feet.
Key Highlights
- Prime Mid‑City location: Walkable to restaurants, coffee shops, and just 3 blocks to the Canal Street streetcar line, plus only 4 blocks from City Park.
- Updated with new roof (2021), gutters (2024), electrical (2012), and central AC (2024) on both sides.
- Classic New Orleans double featuring original heart pine hardwood floors, 9' ceilings, original windows, and historic details.
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 | $33.8k | $19.80 |
| − Vacancy | −$2.9k | −$1.71 |
| EGI | $30.9k | $18.09 |
| − OpEx | −$9.3k | −$5.43 |
| NOI | $21.6k | $12.66 |
1,708 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$309.0K
$270.4K – $360.5K
NOI $21,628 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$284.0K
$248.5K – $331.3K
NOI $19,879 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$446.9K
$391.1K – $521.4K
NOI $31,285 @ 7.0% cap · market cap 8.94%
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 New Orleans double near City Park and Canal Street.
Where is this duplex located?
The property is located at 4812-14 CONTI Street New Orleans, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime Mid‑City location: Walkable to restaurants, coffee shops, and just 3 blocks to the Canal Street streetcar line, plus only 4 blocks from City Park.; Updated with new roof (2021), gutters (2024), electrical (2012), and central AC (2024) on both sides.; Classic New Orleans double featuring original heart pine hardwood floors, 9' ceilings, original windows, and historic details.
