Duplex with Separate Rear
1684-86 North Claiborne Avenue New Orleans, LA 70116
For Sale
$525,000
Recently renovated duplex with raised structure and separate rear apartment, each featuring private bath and kitchen.
Property Size2,600 SF
Price / SF$201.92
Days on Market162
Property Features for 1684-86 North Claiborne Avenue
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1960
Listing Agency:
Rim Brokers, Inc.
(504) 237-8318
Listed By:
Wilfred Jeanpierre · License #000032255
(504) 237-8318
Source:
Compass
Added: Feb 11
Changed: Jul 22
Last Checked: Jul 23 at 10:13AM
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 Rim Brokers, Inc.
Investment Insights
Based on property information with market context.
This recently renovated duplex features a raised, off-the-ground structure and includes separate private units with private bathrooms and kitchens. A separate rear apartment unit provides an additional independent space that is ready to occupy. The property is offered fully furnished, and furnishings may be negotiated as part of the transaction.
Located at 1684-86 North Claiborne Avenue in New Orleans, Louisiana, the home is positioned for straightforward rental setup with multiple private units. The seller notes the property has been updated as of 2026, making it convenient for an owner-occupant or investor looking to begin renting promptly.
Owner financing is also being considered by the seller with a right down payment. For details and to schedule a viewing, contact Jeanpierre at 504-237-8318.
Located at 1684-86 North Claiborne Avenue in New Orleans, Louisiana, the home is positioned for straightforward rental setup with multiple private units. The seller notes the property has been updated as of 2026, making it convenient for an owner-occupant or investor looking to begin renting promptly.
Owner financing is also being considered by the seller with a right down payment. For details and to schedule a viewing, contact Jeanpierre at 504-237-8318.
Key Highlights
- Recently renovated duplex with a raised structure and a separate rear apartment unit
- Each unit includes a private bath and a kitchen for easier independent rentals
- 8 bedrooms and 6 total bathrooms (including 4 partial bathrooms) across the property
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 | $51.5k | $19.80 |
| − Vacancy | −$4.4k | −$1.71 |
| EGI | $47.0k | $18.09 |
| − OpEx | −$14.1k | −$5.43 |
| NOI | $32.9k | $12.66 |
2,600 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$470.3K
$411.5K – $548.7K
NOI $32,922 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$432.3K
$378.3K – $504.4K
NOI $30,261 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$660.8K
$578.2K – $771.0K
NOI $46,258 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Recently renovated duplex with raised structure and separate rear apartment, each featuring private bath and kitchen.
Where is this duplex located?
The property is located at 1684-86 North Claiborne Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Recently renovated duplex with a raised structure and a separate rear apartment unit; Each unit includes a private bath and a kitchen for easier independent rentals; 8 bedrooms and 6 total bathrooms (including 4 partial bathrooms) across the property
