Corner Lot Duplex with Screen
1205 Delery Street New Orleans, LA 70117
1205 Delery Street, New Orleans, LA, 70117
$260,000
For Sale
$260,000
Duplex offers a 2 bed/2 bath front unit and a 1 bed/1 bath rear unit connected by a shared screen porch.
Property Size2,004 SF
Lot Size0.16 Acres
Price / SF$129.74
Days on Market30
Property Features for 1205 Delery Street
General Information
- Standard status
- Active
- Size
- 2,004 SF
- Lot size
- 0.16 Acres
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1920
Listing agency
Witry Collective, L.L.C.
(504) 919-8585
Listed by
Katie Witry · License #995710150
(504) 919-8585
Source
Compass
Added: Jun 23 Updated: Jul 21 at 3:49AM Checked: Jul 21 at 3:49AM
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 Witry Collective, L.L.C.
Investment Insights
Based on property information with market context.
This duplex-style cottage is configured with two separate living areas, featuring a front 2-bedroom, 2-bath layout and a rear 1-bedroom, 1-bath apartment. A shared screen porch connects the units, and interior finishes include tall ceilings, wood floors, and large living rooms designed for comfortable everyday living and entertaining.
Located on a corner lot in front of Jackson Barracks and a block off St. Claude Avenue, the property is positioned for access to the Orleans and St. Bernard Parishes. The home sits in Flood Zone X; flood insurance is recommended but noted as not required.
Additional on-site space includes a large lot measuring 50 by 140.
Located on a corner lot in front of Jackson Barracks and a block off St. Claude Avenue, the property is positioned for access to the Orleans and St. Bernard Parishes. The home sits in Flood Zone X; flood insurance is recommended but noted as not required.
Additional on-site space includes a large lot measuring 50 by 140.
Key Highlights
- Duplex with front 2 bed/2 bath unit and rear 1 bed/1 bath unit connected by a shared screen porch
- 3 total bedrooms and 2 full bathrooms; inside laundry and wall unit AC
- 1‑story wood siding cottage built in 1920 with asphalt roof and pillar/post/pier foundation
Local Financial Insights For Apartment 5plus
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 | $46.7k | $23.28 |
| − Vacancy | −$4.2k | −$2.12 |
| EGI | $42.4k | $21.16 |
| − OpEx | −$19.1k | −$9.52 |
| NOI | $23.3k | $11.64 |
2,004 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$362.5K
$317.2K – $422.9K
NOI $25,376 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$333.2K
$291.6K – $388.7K
NOI $23,324 @ 7.0% cap · market cap 8.97%
Theoretical Best
Office A
$509.4K
$445.7K – $594.3K
NOI $35,655 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex offers a 2 bed/2 bath front unit and a 1 bed/1 bath rear unit connected by a shared screen porch.
Where is this duplex located?
The property is located at 1205 Delery Street New Orleans, LA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Duplex with front 2 bed/2 bath unit and rear 1 bed/1 bath unit connected by a shared screen porch; 3 total bedrooms and 2 full bathrooms; inside laundry and wall unit AC; 1‑story wood siding cottage built in 1920 with asphalt roof and pillar/post/pier foundation
