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Renovated Duplex with Side-by-Side Units
For Sale
$980,000

1132-34 Saint Andrew St, New Orleans, LA 70130

Two-story configuration with private brick patios, updated kitchens, and polished interior finishes.

Property Size4,136 SF
Price / SF$236.94
Days on Market339

Property Features for 1132-34 Saint Andrew St

General Information

Standard status Active
Size 4,136 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Amenities

wood floors
moldings and mill work
recessed lighting
pocket doors
gourmet kitchen
granite counter tops
stainless steel appliances
travertine floors
custom back splashes
den with French doors
brick patios
front porches
iron railings and fencing
attractive landscaping
spray foam insulated attic

Building Details

Buildings 1
Stories 2
Listing Agency: Compass Uptown (LATT07)
Listed By: Britton Galloway
Source: Exprealty
Added: Nov 15, 2025 Changed: Oct 11 Last Checked: Oct 19 at 7:33AM

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 Compass Uptown (LATT07)

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Investment Insights

Based on property information with market context.

This 4,136-square-foot duplex contains two side-by-side, two-story residences, each with three bedrooms and 2.5 baths. Both units feature wood flooring, detailed millwork, recessed lighting, pocket doors, and kitchens with granite countertops, stainless steel appliances, travertine flooring, and custom backsplashes. The kitchens connect to dens that open through French doors to individual brick patios.

The property underwent a studs-out renovation and includes a 2025 roof, spray-foam insulation in the attic, and wrapped pipes beneath the building. Unit 1134 has additional lighting and hardware improvements, antique stained glass in its spacious bath, and new HVAC. Front porches, iron railings, fencing, and landscaping complete the exterior presentation.

Located at 1132-34 Saint Andrew St in New Orleans, the duplex is steps from Magazine St shops and restaurants.

Key Highlights

  • 4,136 SF side‑by‑side duplex with two‑story residences
  • Each unit includes 3 bedrooms and 2.5 baths
  • Studs‑out renovation with wood floors, millwork, recessed lighting, and pocket doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,372
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,440 $1.0M
Cap Rate 7%
$748,171 $748.2K
Cap Rate 9%
$581,911 $581.9K
Market Conditions
NOI Build-Up for 4,136 SF
Gross rent
$81.9K $19.80/SF
− Vacancy
−$7.1K −$1.71/SF
EGI
$74.8K $18.09/SF
− OpEx
−$22.4K −$5.43/SF
NOI
$52.4K $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%
$1,047,440
Cap Rate 7%
$748,171
Cap Rate 9%
$581,911

Alternative Uses

Best Use
Multifamily LT 5
$748.2K
$654.7K – $872.9K (±1% cap)
NOI $52,372 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$687.7K
$601.7K – $802.3K (±1% cap)
NOI $48,138 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.05M
$919.8K – $1.23M (±1% cap)
NOI $73,586 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,342
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-story configuration with private brick patios, updated kitchens, and polished interior finishes.
Where is this duplex located?
The property is located at 1132-34 Saint Andrew St New Orleans, LA.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 4,136 SF side‑by‑side duplex with two‑story residences; Each unit includes 3 bedrooms and 2.5 baths; Studs‑out renovation with wood floors, millwork, recessed lighting, and pocket doors
More about this property
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