Search
Renovated Duplex with Courtyards
For Sale
$574,000

1472 Constance St, New Orleans, LA 70130

Residential Income, New Orleans, LA

Property Size3,300 SF
Lot Size0.07 Acres
Price / SF$173.94
Days on Market206

Property Features for 1472 Constance St

General Information

Property type Residential Multi Family
Property subtype Duplex
Appliances Microwave, Range/Oven, Refrigerator
Subdivision Not A Subdivision
Elementary school district Orleans Parish
Middle school district Orleans Parish
High school district Orleans Parish
Directions Start on Poydras Street heading west toward the river/Convention Center area. Turn left onto Magazine St. Drive about 0.5 mile. Turn right onto Race St. Go one block, then turn left onto Constance St. Drive a short distance to 1472 Constance St, which is
Standard status Active
Size 3,300 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description SQ 113 LOT 25 OR S CONSTANCE 33'43'/33'63'X95'11' 1172-74 CONSTANCE
Legal Description SQ 113 LOT 25 OR S CONSTANCE 33'43'/33'63'X95'11' 1172-74 CONSTANCE

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating)
Cooling system Window Unit(s), Wall Unit(s)
Water source Public

Amenities

refinished hardwood floors
original mantels
decorative fireplaces
high ceilings
pocket doors
ceiling fans
individual balconies
private courtyards

Building Details

Flooring type Wood
Building materials Wood Siding, Frame
Roof type Shingle
Listing Agency: ListWithFreedom.com, Inc
Listed By: Kurt Clements · License #995712944
Added: Mar 16 Changed: Sep 16 Last Checked: Oct 7 at 4:06PM
MLS# 2026004666

Copyright © 2026 Greater Baton Rouge 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.

Renovated in 2015, this 3,300-square-foot duplex occupies a 0.07-acre lot and combines wood-frame construction with refinished hardwood flooring, high ceilings, original mantels, decorative fireplaces, and pocket doors. The layout places all bedrooms upstairs and includes large living areas, individual balconies, and private courtyards. Appliances include a microwave, range/oven, and refrigerator. The property is served by public water and public sewer, with electric and natural gas heating, window and wall-unit cooling, and a shingle roof.

The property is located in New Orleans’ Lower Garden District, down the block from Hotel Saint Vincent and sit-in restaurants. Downtown is approximately five minutes away.

Key Highlights

  • 3,300 SF duplex renovated in 2015
  • 0.07‑acre lot in New Orleans’ Lower Garden District
  • Refinished hardwood floors, original mantels, decorative fireplaces, high ceilings, and pocket doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,786
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,720 $835.7K
Cap Rate 7%
$596,943 $596.9K
Cap Rate 9%
$464,289 $464.3K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$65.3K $19.80/SF
− Vacancy
−$5.6K −$1.71/SF
EGI
$59.7K $18.09/SF
− OpEx
−$17.9K −$5.43/SF
NOI
$41.8K $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%
$835,720
Cap Rate 7%
$596,943
Cap Rate 9%
$464,289

Alternative Uses

Best Use
Multifamily LT 5
$596.9K
$522.3K – $696.4K (±1% cap)
NOI $41,786 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$548.7K
$480.1K – $640.1K (±1% cap)
NOI $38,408 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$838.8K
$733.9K – $978.6K (±1% cap)
NOI $58,713 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Locksmith Electrical Service Dental Office Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,416
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Historic character features, private outdoor areas, and an established downtown-adjacent New Orleans setting define this residential income property.
Where is this duplex located?
The property is located at 1472 Constance St New Orleans, LA.
What is the asking price?
The asking price for this property is $574,000.
What are key features of this property?
This property features: 3,300 SF duplex renovated in 2015; 0.07‑acre lot in New Orleans’ Lower Garden District; Refinished hardwood floors, original mantels, decorative fireplaces, high ceilings, and pocket doors
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again