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    Carrollton West Double with Charm Title is generated by Realmo AI

    1608 EAGLE Street, New Orleans, LA 70118

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    Claim this Listing
    New
    For Sale
    $245,000

    MULTI_FAMILY - New Orleans, LA

    Property size:
    1,424 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $172/SF
    Added:
    May 28, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 2 at 3:06 am

    Property Features for 1608 EAGLE Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Patio and Porch features
    Porch
    Exterior features
    Courtyard, Fence, Porch
    Fencing
    Fenced
    Standard status
    Active
    APN
    1608-EAGLEST
    Size
    1,424 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Description
    SQ 205 LOT 9-C EAGLE 30 X 120 1608-10 EAGLE

    Utilities

    Heating system
    Ductless (Heating), Other (Heating)
    Cooling system
    Wall Unit(s), Ductless
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Cottage

    We can help!

    Listing Contact
    Chris Smith
    Chris Smith

    Listing agent Chris Smith License #09641

    Listing office Keller Williams Realty New Orleans 8601 Leake Ave., New Orleans, LA

    Listing date May 28, 2026

    MLS# 2560210 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.

    HighLights

    • Highly desirable Carrollton West location with easy access to amenities, universities, and transportation.
    • Oversized 30' x 120' lot in X Flood Zone that has NEVER flooded, featuring a large, private backyard with mature citrus trees.
    • Unique blend of historic architectural charm and modern design with exceptional natural light throughout.
    • Energy‑efficient Mini Split ductless heating and cooling systems.
    • Flexible owner's side with a large rear bonus room suitable for various uses.
    • Inviting covered front porch and fenced yard.

    Overview

    Located in the desirable Carrollton West neighborhood of New Orleans, this multifamily property features a blend of historic New Orleans character and modern design. The property includes two residences with light-filled interiors, historic details, and contemporary design elements. Energy-efficient mini-split ductless heating and cooling systems provide comfort throughout. The owner's side offers a large rear bonus room suitable for a den, work studio, home office, guest suite, or potential bedroom and bath expansion. Situated on an oversized 30' x 120' lot in an X Flood Zone, the property has never flooded. The backyard includes mature citrus trees and greenery. The location provides convenient access to the Carrollton Streetcar Line, Oak Street's restaurants, coffee shops, music venues, and local boutiques. It is also near Tulane University, Loyola University, and Ochsner Medical Center, with quick access to parks, bike paths, grocery stores, and neighborhood dining destinations. The property offers a combination of style, flexibility, location, outdoor space, and architectural personality. The property size is 1,424 square feet.

    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 (±1% cap)
    NOI $18,031 @ 7.0% cap · market cap 7.36%
    Second Best
    Apartment 5plus
    $236.8K
    $207.2K – $276.2K (±1% cap)
    NOI $16,574 @ 7.0% cap · market cap 6.76%
    Theoretical Best
    Office A
    $361.9K
    $316.7K – $422.3K (±1% cap)
    NOI $25,335 @ 7.0% cap · market cap 10.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.132635
    Latitude
    29.955209

    FAQs

    What type of property is this?
    Duplex - Spectacular New Orleans double featuring historic charm and modern design.
    Where is this duplex located?
    The property is located at 1608 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: Highly desirable Carrollton West location with easy access to amenities, universities, and transportation.; **Oversized 30' x 120' lot in X Flood Zone that has NEVER flooded**, featuring a large, private backyard with mature citrus trees.; Unique blend of historic architectural charm and modern design with exceptional natural light throughout.
    More about this property
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