Owner-Occupy Duplex with
6727 LOUIS XIV Street New Orleans, LA 70124
6727 LOUIS XIV Street, New Orleans, LA, 70124
$510,000
For Sale
$510,000
MULTI_FAMILY - New Orleans, LA
Property Size2,623 SF
Lot Size0.15 Acres
Price / SF$194.43
Days on Market102
Property Features for 6727 LOUIS XIV Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Porch
- Exterior features
- Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 206407809
- Size
- 2,623 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- SQ 121 LOTS 17 18 LOUIS 14TH 25X129 EA
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Crescent City Living, LLC
(504) 327-5303
3205 Orleans Avenue, New Orleans, LA
Listed by
Leslie Heindel · License #995688679
(504) 327-5303
Added: Apr 7 Checked: Jul 17 at 6:06 pm
MLS# 2551585
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.
This duplex offers two self-contained units, each with two bedrooms and one bathroom, along with wood floors in the living areas. Both units have private laundry and kitchens that include pantry space, and all appliances are included. The upstairs unit features an additional sunroom/office space, providing flexible room for work or quiet overflow. Exterior updates include a roof installed in 2021, a lower AC unit replaced in 2022, upstairs AC dated 2018, and exterior repainting completed in 2022. The property also includes an exterior porch, a spacious backyard, and off-street parking for 3+ cars.
Located in New Orleans (70124), the home is described as having a non-shotgun layout and is near Lake and City Park per the remarks. Proximity to area schools is also noted in the offering.
For tenants and buyers, the configuration supports owner-occupancy with rental income potential, with each unit functioning independently through private laundry and dedicated interior layouts. The included appliance package and recent major mechanical and exterior work can simplify move-in readiness, while the backyard and parking help support day-to-day livability for both occupants. The listing also notes an assumable flood insurance policy and an active termite contract.
Located in New Orleans (70124), the home is described as having a non-shotgun layout and is near Lake and City Park per the remarks. Proximity to area schools is also noted in the offering.
For tenants and buyers, the configuration supports owner-occupancy with rental income potential, with each unit functioning independently through private laundry and dedicated interior layouts. The included appliance package and recent major mechanical and exterior work can simplify move-in readiness, while the backyard and parking help support day-to-day livability for both occupants. The listing also notes an assumable flood insurance policy and an active termite contract.
Key Highlights
- 1962 duplex with two 2‑bedroom, 1‑bath units, each with wood floors in the living spaces
- Each unit has private laundry and an updated kitchen with pantry space; all appliances remain
- Upgrades include shingle roof (2021), lower AC replaced (2022), upstairs AC (2018), and exterior repainted (2022)
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 | $51.9k | $19.80 |
| − Vacancy | −$4.5k | −$1.71 |
| EGI | $47.4k | $18.09 |
| − OpEx | −$14.2k | −$5.43 |
| NOI | $33.2k | $12.66 |
2,623 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$474.5K
$415.2K – $553.6K
NOI $33,214 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$436.1K
$381.6K – $508.8K
NOI $30,529 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$666.7K
$583.4K – $777.8K
NOI $46,668 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-bedroom, one-bath duplex with private laundry, updated kitchens, and off-street parking on a non-shotgun layout.
Where is this duplex located?
The property is located at 6727 LOUIS XIV Street New Orleans, LA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 1962 duplex with two 2‑bedroom, 1‑bath units, each with wood floors in the living spaces; Each unit has private laundry and an updated kitchen with pantry space; all appliances remain; Upgrades include shingle roof (2021), lower AC replaced (2022), upstairs AC (2018), and exterior repainted (2022)
