Duplex with Modern
For Sale
$365,000
Pending
1125-1127 Saux Lane, New Orleans, LA 70114
Two separate residences offer updated finishes, private laundry, central air, and landscaped outdoor areas.
Property Size1,978 SF
Lot Size0.28 Acres
Days on Market284
Property Features for 1125-1127 Saux Lane
General Information
Standard status
Pending
Size
1,978 SF
Lot size
0.28 Acres
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Units
Unit Mix
2 x 3BR/1.75BA
Multifamily Units
2
Amenities
fridge
stove
dishwasher
microwave
central A/C
washer/dryer
garden
backyard
finished closets
closet lights
ceiling fans
high-end lighting fixtures
kitchen island
pantry
Central Air
Central
Other
Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator
24
6
Cable Available, Ceiling Fans
2
Asphalt
Other, Partial
1
Landscaped, Lighting
Piling/Stilt
Frame, Wood Siding
Building Details
Year Built
2025
Buildings
1
Listing Agency:
Homecoin.com
Listed By:
Jonathan Minerick · License #01523060
(888) 400-2513
Source:
Compass
Added: Jan 9
Changed: Oct 19
Last Checked: Oct 19 at 8:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homecoin.com
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Investment Insights
Based on property information with market context.
Completed in 2025, this duplex contains 1,978 square feet of total built area across two 989-square-foot residences. Each unit includes three bedrooms, one full bathroom, and one three-quarter bathroom, along with a contemporary U-shaped kitchen equipped with a refrigerator, range, dishwasher, and microwave. A four-seat island and pantry add functional kitchen space.
Both residences feature central air conditioning, in-unit washer and dryer storage, illuminated finished closets, ceiling fans, and upgraded light fixtures. A two-hour-rated firewall separates the units. The property also includes a landscaped front garden and a shaded rear yard on a 12,240-square-foot lot. Its location is within short distance of Delgado College’s West Bank Campus and the main entrance to Federal City.
Both residences feature central air conditioning, in-unit washer and dryer storage, illuminated finished closets, ceiling fans, and upgraded light fixtures. A two-hour-rated firewall separates the units. The property also includes a landscaped front garden and a shaded rear yard on a 12,240-square-foot lot. Its location is within short distance of Delgado College’s West Bank Campus and the main entrance to Federal City.
Key Highlights
- 2025‑built duplex with 1,978 sq. ft. of total built area
- Two 989‑square‑foot residential units, each with 3 bedrooms and 1 full plus 1 three‑quarter bathroom
- Modern kitchens include refrigerators, ranges, dishwashers, microwaves, a 4‑seat island, and pantry space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,046
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,920
$500.9K
Cap Rate 7%
$357,800
$357.8K
Cap Rate 9%
$278,289
$278.3K
Market Conditions
NOI Build-Up for 1,978 SF
Gross rent
$39.2K $19.80/SF
− Vacancy
−$3.4K −$1.71/SF
EGI
$35.8K $18.09/SF
− OpEx
−$10.7K −$5.43/SF
NOI
$25.0K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,920
Cap Rate 7%
$357,800
Cap Rate 9%
$278,289
Alternative Uses
Best Use
Multifamily LT 5
$357.8K
$313.1K – $417.4K
NOI $25,046 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$328.9K
$287.8K – $383.7K
NOI $23,022 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$502.7K
$439.9K – $586.5K
NOI $35,192 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
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Business Placement
Demographics for 70114, LA
23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer updated finishes, private laundry, central air, and landscaped outdoor areas.
Where is this duplex located?
The property is located at 1125-1127 Saux Lane New Orleans, LA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2025‑built duplex with 1,978 sq. ft. of total built area; Two 989‑square‑foot residential units, each with 3 bedrooms and 1 full plus 1 three‑quarter bathroom; Modern kitchens include refrigerators, ranges, dishwashers, microwaves, a 4‑seat island, and pantry space
