Craftsman Duplex with Front
For Sale
$375,000
608 N ST PATRICK, New Orleans, LA 70119
Multi-Family, Craftsman, New Orleans, LA
Property Size2,850 SF
Lot Size0.09 Acres
Price / SF$131.58
Days on Market130
Property Features for 608 N ST PATRICK
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street
Exterior features
Fence
Fencing
Fenced
Lot features
Regular
Standard status
Active
APN
207211508
Size
2,850 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
Square 603 Lot 8 N St Patrick 31x120'
Legal Description
Square 603 Lot 8 N St Patrick 31x120'
Utilities
Cooling system
Window Unit(s)
Water source
Public
Amenities
front porches
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Architectural style
Craftsman
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed By:
Diane Ragan
(504) 400-3884
Added: Jun 1
Changed: Aug 20
Last Checked: Oct 8 at 11:06AM
MLS# 2557138
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 Craftsman-style duplex, constructed in 1920, contains 2,850 square feet across two residences. Each side includes two bedrooms, one and a half bathrooms, a living room, dining room, kitchen, rear laundry area, front porch, high ceilings, and wood flooring. Fireplaces are inoperable. Cooling is provided by window units, with floor furnaces also present. The roof is approximately 5 years old, while both interiors and exteriors require updates. The property is being sold as-is, with no repairs, warranties, or condition guarantees from the seller.
The 31-by-120-foot fenced lot is located two blocks from City Park and the Endymion parade route. Public water serves the property through a shared meter, while gas and electric have separate meters for each side. Off-street parking is available, and the property carries HU-RD2 zoning. The owner currently occupies the duplex, and neither side is producing income.
The 31-by-120-foot fenced lot is located two blocks from City Park and the Endymion parade route. Public water serves the property through a shared meter, while gas and electric have separate meters for each side. Off-street parking is available, and the property carries HU-RD2 zoning. The owner currently occupies the duplex, and neither side is producing income.
Key Highlights
- 2,850‑square‑foot Craftsman duplex built in 1920
- Two residences, each with 2 bedrooms and 1.5 bathrooms
- 31‑by‑120‑foot fenced lot with off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,171
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,420
$663.4K
Cap Rate 7%
$473,871
$473.9K
Cap Rate 9%
$368,567
$368.6K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$66.3K $23.28/SF
− Vacancy
−$6.0K −$2.12/SF
EGI
$60.3K $21.16/SF
− OpEx
−$27.1K −$9.52/SF
NOI
$33.2K $11.64/SF
Area
ZIP 70119
Vacancy
9.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,420
Cap Rate 7%
$473,871
Cap Rate 9%
$368,567
Alternative Uses
Best Use
Multifamily LT 5
$515.5K
$451.1K – $601.5K
NOI $36,088 @ 7.0% cap · market cap 9.62%
Second Best
Apartment 5plus
$473.9K
$414.6K – $552.9K
NOI $33,171 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$745.8K
$652.5K – $870.1K
NOI $52,203 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,417
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate living, dining, kitchen, and laundry areas within a fenced urban property.
Where is this duplex located?
The property is located at 608 N ST PATRICK New Orleans, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,850‑square‑foot Craftsman duplex built in 1920; Two residences, each with 2 bedrooms and 1.5 bathrooms; 31‑by‑120‑foot fenced lot with off‑street parking
