Two-Unit Duplex with
For Sale
$295,000
1323 DESLONDE Street, New Orleans, LA 70117
Multifamily, New Orleans, LA
Property Size1,807 SF
Price / SF$163.25
Days on Market411
Property Features for 1323 DESLONDE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Parking
2
Parking features
Off Street, Driveway
Patio and Porch features
Porch
Standard status
Active
APN
1323-25 DESLONDE
Size
1,807 SF
Taxes and HOA fees
Tax Description
SQ 545 584 LOT 5 DESLONDE 40X106
Legal Description
SQ 545 584 LOT 5 DESLONDE 40X106
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
off-street parking
central air and heat
real wood floors
tankless gas water heaters
Building Details
Year built
2022
Number of units
2
Flooring type
Wood
Building materials
HardiPlank Type
Architectural style
Other
Buildings
1
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Frank R Williams · License #000001700
(985) 326-1858
Added: Sep 8, 2025
Changed: Oct 23
Last Checked: Oct 23 at 8:06PM
MLS# 2520676
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2022, this 1,807-square-foot duplex has two residences, each with two bedrooms and two full bathrooms. Wood flooring, central heating and cooling, and tankless gas water heaters are among the interior features. The property also includes a porch and off-street parking, with driveway parking noted. Exterior construction is HardiPlank Type.
The property is at 1323 Deslonde Street in New Orleans. Public water and sewer serve the property, and natural gas is available.
The property is at 1323 Deslonde Street in New Orleans. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- Two residences, each with 2 bedrooms and 2 full bathrooms
- 1,807 square feet; built in 2022
- Off‑street and driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,881
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,620
$457.6K
Cap Rate 7%
$326,871
$326.9K
Cap Rate 9%
$254,233
$254.2K
Market Conditions
NOI Build-Up for 1,807 SF
Gross rent
$35.8K $19.80/SF
− Vacancy
−$3.1K −$1.71/SF
EGI
$32.7K $18.09/SF
− OpEx
−$9.8K −$5.43/SF
NOI
$22.9K $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%
$457,620
Cap Rate 7%
$326,871
Cap Rate 9%
$254,233
Alternative Uses
Best Use
Multifamily LT 5
$326.9K
$286.0K – $381.4K
NOI $22,881 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$300.4K
$262.9K – $350.5K
NOI $21,031 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$459.3K
$401.9K – $535.8K
NOI $32,150 @ 7.0% cap · market cap 10.90%
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
580
Businesses Nearby
Explore this area
Business Placement
Demographics for 70117, LA
28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
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 - Each residence contains two bedrooms and two full bathrooms, with central air and heat.
Where is this duplex located?
The property is located at 1323 DESLONDE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 full bathrooms; 1,807 square feet; built in 2022; Off‑street and driveway parking
