Duplex with Covered Front
1608-10 Eagle Street New Orleans, LA 70118
1608-10 Eagle Street, New Orleans, LA, 70118
$245,000
For Sale
$245,000
Duplex with dual residences, ductless mini-split comfort, and an oversized backyard in an X Flood Zone.
Property Size1,424 SF
Lot Size0.08 Acres
Price / SF$172.05
Days on Market68
Property Features for 1608-10 Eagle Street
General Information
- Standard status
- Active
- Size
- 1,424 SF
- Lot size
- 0.08 Acres
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1940
Listing Agency
Keller Williams Realty New Orleans
(504) 231-2004
Listed by
Chris Smith · License #000009641
(504) 231-2004
Source
Compass
Added: May 12 Checked: Jul 17 at 3:56 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 New Orleans
Investment Insights
Based on property information with market context.
This duplex features two residences with light-filled interiors and a blend of historic architectural detail and modern updates. A covered front porch welcomes you into the property. Heating and cooling are provided by energy-efficient mini-split ductless systems throughout. The owner’s side includes a large rear bonus room with flexible layout options, such as a den, creative studio, home office, guest suite, or potential future additional bedroom and bath expansion.
Outside, the property sits on an oversized 30' x 120' lot in an X Flood Zone, and the remarks state it has never flooded. The backyard offers a private, landscaped setting with mature citrus trees, lush greenery, and substantial privacy.
Located at 1608-10 Eagle Street in New Orleans, the duplex is positioned for convenient Uptown-area access. The remarks note easy access to the Carrollton Streetcar line and major Uptown corridors, with minutes to Oak Street dining, coffee shops, music venues, and local boutiques. The property is also described as having close proximity to Tulane University, Loyola University, and Ochsner Medical Center, along with quick access to parks, bike paths, grocery stores, and neighborhood dining. An open house is scheduled Saturday (05/30/26) from 10 AM to 12 Noon and Sunday (05/31/26) from 11 AM to 1 PM.
Outside, the property sits on an oversized 30' x 120' lot in an X Flood Zone, and the remarks state it has never flooded. The backyard offers a private, landscaped setting with mature citrus trees, lush greenery, and substantial privacy.
Located at 1608-10 Eagle Street in New Orleans, the duplex is positioned for convenient Uptown-area access. The remarks note easy access to the Carrollton Streetcar line and major Uptown corridors, with minutes to Oak Street dining, coffee shops, music venues, and local boutiques. The property is also described as having close proximity to Tulane University, Loyola University, and Ochsner Medical Center, along with quick access to parks, bike paths, grocery stores, and neighborhood dining. An open house is scheduled Saturday (05/30/26) from 10 AM to 12 Noon and Sunday (05/31/26) from 11 AM to 1 PM.
Key Highlights
- Carrollton West double residence duplex with 2 total bedrooms and 2 full bathrooms (1 story), built in 1940
- Energy‑efficient mini‑split ductless heating and cooling plus wall furnace heating and wall unit(s) cooling
- Frame, wood siding construction with asphalt roof; foundation on pillar/post/pier
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 | $28.2k | $19.80 |
| − Vacancy | −$2.4k | −$1.71 |
| EGI | $25.8k | $18.09 |
| − OpEx | −$7.7k | −$5.43 |
| NOI | $18.0k | $12.66 |
1,424 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$257.6K
$225.4K – $300.5K
NOI $18,031 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$236.8K
$207.2K – $276.2K
NOI $16,574 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$361.9K
$316.7K – $422.3K
NOI $25,335 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with dual residences, ductless mini-split comfort, and an oversized backyard in an X Flood Zone.
Where is this duplex located?
The property is located at 1608-10 Eagle Street New Orleans, LA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Carrollton West double residence duplex with 2 total bedrooms and 2 full bathrooms (1 story), built in 1940; Energy‑efficient mini‑split ductless heating and cooling plus wall furnace heating and wall unit(s) cooling; Frame, wood siding construction with asphalt roof; foundation on pillar/post/pier
