7711 OAK Street, New Orleans, LA 70118
- Added:
- Apr 25, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 12 at 5:06 am
Property Features for 7711 OAK Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Exterior features
- Courtyard, Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 7711-Oakst
- Size
- 2,245 SF
Taxes and HOA fees
- Tax Description
- SQ 155 LOT 7
Utilities
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Chris Smith License #000009641 (504) 862-0100
Listing office Keller Williams Realty New Orleans 8601 Leake Ave., New Orleans, LA (504) 862-0100
Listing date Apr 25, 2026
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.
HighLights
- Prime location in the heart of the vibrant Oak Street corridor.
- Move‑in ready, fully updated owner's unit with substantial improvements.
- Flexible floor plan with over 2,200 sq ft, suitable for owner‑occupants, multi‑generational living, or rental income.
- Duplex offers versatile opportunity to occupy one unit and lease the other, or utilize as a full investment property.
- Convenient access to Canseco's Market, streetcar line, restaurants, shops, and entertainment.
- Easy access to major thoroughfares, universities, shopping, dining, and public transportation.
Overview
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 | $44.5k | $19.80 |
| − Vacancy | −$3.8k | −$1.71 |
| EGI | $40.6k | $18.09 |
| − OpEx | −$12.2k | −$5.43 |
| NOI | $28.4k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.126577
- Latitude
- 29.945084
