Two-Unit Duplex
1572-74 North Rocheblave Street New Orleans, LA 70119
1572-74 North Rocheblave Street, New Orleans, LA, 70119
$169,000
For Sale
$169,000
Duplex with two 1-bedroom, 1-bath units, offering income flexibility for owners.
Property Size900 SF
Price / SF$187.78
Days on Market111
Property Features for 1572-74 North Rocheblave Street
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1958
Listing agency
The W Group Real Estate LLC
(504) 210-9088
Listed by
Jennifer Guerin · License #000024161
(504) 210-9088
Source
Compass
Added: Apr 3 Updated: Jul 22 at 1:48AM Checked: Jul 22 at 10:20AM
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 The W Group Real Estate LLC
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, with each side featuring 1 bedroom and 1 bathroom. The property is configured for dual living or rental income, allowing an owner to occupy one unit while leasing the other, or lease both units together.
Located in New Orleans at 1572-74 North Rocheblave Street, the duplex is positioned near local dining, shopping, and entertainment amenities.
With its two-unit layout and consistent unit mix, the property provides a straightforward structure for rental operations or owner-occupancy with a second tenancy.
Located in New Orleans at 1572-74 North Rocheblave Street, the duplex is positioned near local dining, shopping, and entertainment amenities.
With its two-unit layout and consistent unit mix, the property provides a straightforward structure for rental operations or owner-occupancy with a second tenancy.
Key Highlights
- Duplex with 2 units, each with 1 bedroom and 1 full bath
- Single‑story property built in 1958
- Vinyl siding exterior with asphalt shingle roof
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 | $17.8k | $19.80 |
| − Vacancy | −$1.5k | −$1.71 |
| EGI | $16.3k | $18.09 |
| − OpEx | −$4.9k | −$5.43 |
| NOI | $11.4k | $12.66 |
900 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$162.8K
$142.5K – $189.9K
NOI $11,396 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$149.6K
$130.9K – $174.6K
NOI $10,475 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$235.5K
$206.1K – $274.8K
NOI $16,485 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with two 1-bedroom, 1-bath units, offering income flexibility for owners.
Where is this duplex located?
The property is located at 1572-74 North Rocheblave Street New Orleans, LA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Duplex with 2 units, each with 1 bedroom and 1 full bath; Single‑story property built in 1958; Vinyl siding exterior with asphalt shingle roof
