Uptown Duplex with Fenced
3309 Fourth Street New Orleans, LA 70125
3309 Fourth Street, New Orleans, LA, 70125
$210,000
For Sale
$210,000
Charming duplex in Uptown with spacious, fenced backyard.
Property Size1,590 SF
Price / SF$132.08
Days on Market475
Property Features for 3309 Fourth Street
General Information
- Standard status
- Active
- Size
- 1,590 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1920
Listing Agency
KELLER WILLIAMS REALTY 455-0100
(832) 689-4873
Listed by
Vasha' Chevalier · License #995693678
(832) 689-4873
Source
Compass
Added: Mar 30, 2025 Checked: Jul 17 at 3:47 am
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 KELLER WILLIAMS REALTY 455-0100
Investment Insights
Based on property information with market context.
This charming duplex home is located in Uptown. The property features 2 bedrooms and 1 bathroom on each side. It also includes a spacious fenced-in backyard. The property is centrally located and has a size of 1590 square feet.
Key Highlights
- Duplex home, ideal for rental income or multi‑generational living.
- Located in the heart of Uptown.
- Features 2 bedrooms and 1 bathroom on each side.
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 | $37.0k | $23.28 |
| − Vacancy | −$3.4k | −$2.12 |
| EGI | $33.6k | $21.16 |
| − OpEx | −$15.1k | −$9.52 |
| NOI | $18.5k | $11.64 |
1,590 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.6K
$251.7K – $335.6K
NOI $20,133 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$264.4K
$231.3K – $308.4K
NOI $18,506 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$404.1K
$353.6K – $471.5K
NOI $28,289 @ 7.0% cap · market cap 13.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Charming duplex in Uptown with spacious, fenced backyard.
Where is this duplex located?
The property is located at 3309 Fourth Street New Orleans, LA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex home, ideal for rental income or multi‑generational living.; Located in the heart of Uptown.; Features 2 bedrooms and 1 bathroom on each side.
