Arts and Crafts Duplex with
1452 VERNA Court New Orleans, LA 70119
1452 VERNA Court, New Orleans, LA, 70119
$875,000
For Sale
$875,000
MULTI_FAMILY - New Orleans, LA
Property Size2,533 SF
Price / SF$345.44
Days on Market10
Property Features for 1452 VERNA Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Exterior features
- Balcony, Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 37W309207
- Size
- 2,533 SF
Taxes and HOA fees
- Tax Description
- 1. ARCADIA CT SQ C LOT 12 A 2. VERNA 45 X 100 3. DUPLEX 2/STORY 12/RM S/R
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
REVE, REALTORS
(504) 300-0700
4827 Prytania St, New Orleans, LA
Listed by
Lara Schultz · License #000075293
(504) 300-0700
Added: Jul 7 Checked: Jul 16 at 5:06 pm
MLS# 2566323
Listing URL
Copyright © 2026 New Orleans Metropolitan 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.
1452-54 Verna Ct. is a 1927 Arts and Crafts duplex with two units that share the same character-forward bones. The home features 12-foot ceilings, original cypress millwork, antique heart-pine floors, and wood-burning fireplaces with carved mantels. A deep wraparound porch and jewel-toned stained-glass gable set the tone from the street. The upstairs unit (1454) includes 3 bedrooms and 2 full baths, with a sunlit living room, a fully renovated kitchen with granite counters and stainless appliances, and an exposed brick chimney. The primary suite offers double closets, a private balcony, and an updated bath finished with sea-glass subway tile and marble, plus a second balcony off the front bedrooms. The downstairs unit (1452) offers 1 bedroom and 1 full bath, a galley kitchen with rustic brick flooring and exposed brick, and direct access to a back porch and yard. Roof replacement was completed in 2021, and both AC systems were replaced in 2026. Separate utilities serve each unit.
The property is tucked at the end of a quiet cul-de-sac that dead-ends straight into the Fair Grounds, home of Jazz Fest. It is positioned in the Bayou St. John/Esplanade Ridge corridor, moments from the New Orleans Museum of Art and City Park, with Bayou St. John nearby. The home is also close to restaurants and coffee shops along Esplanade Avenue.
This duplex is well suited for an owner-occupant looking to live upstairs while the lower unit helps offset expenses, or for buyers wanting straightforward rental separation with independent utilities. The home is located in an X flood zone. Currently owner-occupied, it is offered with easy showings by appointment.
The property is tucked at the end of a quiet cul-de-sac that dead-ends straight into the Fair Grounds, home of Jazz Fest. It is positioned in the Bayou St. John/Esplanade Ridge corridor, moments from the New Orleans Museum of Art and City Park, with Bayou St. John nearby. The home is also close to restaurants and coffee shops along Esplanade Avenue.
This duplex is well suited for an owner-occupant looking to live upstairs while the lower unit helps offset expenses, or for buyers wanting straightforward rental separation with independent utilities. The home is located in an X flood zone. Currently owner-occupied, it is offered with easy showings by appointment.
Key Highlights
- 1927 Arts and Crafts double with two units: 1454 upstairs (1,297 SF, 3 bed, 2 full bath) and 1452 downstairs (1,236 SF, 1 bed, 1 full bath)
- Shared historic details in both units: 12‑foot ceilings, original cypress millwork, antique heart‑pine floors, and wood‑burning fireplaces with carved mantels
- Upstairs 1454 features a fully renovated kitchen with granite counters, stainless appliances, and an exposed brick chimney plus a primary suite with double closets, private balcony, and spa‑style bath
Local Financial Insights For Multifamily LT 5
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 | $50.2k | $19.80 |
| − Vacancy | −$4.3k | −$1.71 |
| EGI | $45.8k | $18.09 |
| − OpEx | −$13.7k | −$5.43 |
| NOI | $32.1k | $12.66 |
2,533 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$458.2K
$400.9K – $534.6K
NOI $32,074 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$421.2K
$368.5K – $491.4K
NOI $29,481 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$662.8K
$580.0K – $773.3K
NOI $46,396 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated upper unit plus a separate downstairs living space with private entries, porches, and separate utilities.
Where is this duplex located?
The property is located at 1452 VERNA Court New Orleans, LA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 1927 Arts and Crafts double with two units: 1454 upstairs (1,297 SF, 3 bed, 2 full bath) and 1452 downstairs (1,236 SF, 1 bed, 1 full bath); Shared historic details in both units: 12‑foot ceilings, original cypress millwork, antique heart‑pine floors, and wood‑burning fireplaces with carved mantels; Upstairs 1454 features a fully renovated kitchen with granite counters, stainless appliances, and an exposed brick chimney plus a primary suite with double closets, private balcony, and spa‑style bath
