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Duplex with Shaded Backyard
For Sale
$365,000
Pending

1125-1127 Saux Lane, New Orleans, LA 70114

Residential Income, New Orleans, LA

Property Size1,978 SF
Lot Size0.28 Acres
Days on Market272

Property Features for 1125-1127 Saux Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking 2
Parking features Assigned
Interior features Electric Stove Con., Master Bath, Walk-Up Attic
Exterior features Landscaped, Lighting
Appliances Washer/Dryer All, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator
Subdivision Walnut Bend
Elementary school district Orleans Parish
Middle school district Orleans Parish
High school district Orleans Parish
Directions One block from General Meyer Avenue and Saux Lane. Three blocks from Shirley Drive and General Meyer. From bridge BUS 90, take first exit on right and immediate left towards General De Gaulle Drive. Then immediate left on Shirley Drive to Gen Meyer Ave
Standard status Pending
Size 1,978 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description 1. PROP SOLD BY A. CAMUS 2. LOT 64, HF OF LOT 65 3. 72 X 170 4. 1127 SAUX LANE
Legal Description 1. PROP SOLD BY A. CAMUS 2. LOT 64, HF OF LOT 65 3. 72 X 170 4. 1127 SAUX LANE

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

central A/C
washer/dryer
garden
backyard
finished closets
ceiling fans
high-end lighting fixtures

Building Details

Floors in Building 1
Building materials Wood Siding, Frame
Roof type Composition
Listing Agency: Homecoin.com
Listed By: Jonathan Minerick · License #01523060
Added: Jan 9 Changed: Sep 7 Last Checked: Oct 8 at 7:06AM
MLS# 2026000634

Copyright © 2026 Greater Baton Rouge 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 contains 1,978 square feet of total built area on a 0.28-acre lot, with each unit measuring 989 square feet. Both residences include three bedrooms, one full bathroom with a bathtub and shower, and one three-quarter bathroom with a shower. Kitchens are arranged in a U-shape and include a four-seat island, pantry, refrigerator, stove, dishwasher, and microwave. Central A/C, in-unit washer/dryer closets, ceiling fans, finished closets with interior lighting, and upgraded light fixtures serve both units. A 2-hour-rated firewall separates the residences.

The property includes a landscaped front garden and a shaded rear yard. It is within short distance of Delgado College - West Bank Campus and the Federal City main entrance. Public water and public sewer serve the property, with assigned parking and composition roofing.

Key Highlights

  • 2025‑built duplex with 1,978 sq. ft. total built area
  • Each unit offers 989 sq. ft., 3 bedrooms, 1 full bathroom, and 1 3/4 bathroom
  • 0.28‑acre lot with landscaped front garden and huge shaded backyard

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 (±1% cap)
NOI $25,046 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$328.9K
$287.8K – $383.7K (±1% cap)
NOI $23,022 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$502.7K
$439.9K – $586.5K (±1% cap)
NOI $35,192 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer equipped kitchens, central air, private laundry, and landscaped outdoor space.
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. total built area; Each unit offers 989 sq. ft., 3 bedrooms, 1 full bathroom, and 1 3/4 bathroom; 0.28‑acre lot with landscaped front garden and huge shaded backyard
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