Historic Side-Hall
1729-31 Burdette Street New Orleans, LA 70118
1729-31 Burdette Street, New Orleans, LA, 70118
$349,000
For Sale
$349,000
Historic duplex with two bedrooms per unit, each with full bath and private rear courtyard.
Property Size2,217 SF
Price / SF$157.42
Days on Market272
Property Features for 1729-31 Burdette Street
General Information
- Standard status
- Active
- Size
- 2,217 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1920
Listing agency
LATTER & BLUM (LATT28)
(504) 861-7575
Listed by
Chris Smith · License #0638748
(504) 861-7575
Source
Compass
Added: Oct 25, 2025 Updated: Jul 22 at 5:30PM Checked: Jul 22 at 5:30PM
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 LATTER & BLUM (LATT28)
Investment Insights
Based on property information with market context.
This historic side-hall double offers a classic, non-shotgun layout with double parlors featuring original ornate fireplaces and mantels. Interiors include 12-foot ceilings and original heart pine hardwood floors. Each unit is configured with two separate bedrooms, a full bath, and a New Orleans-style kitchen that opens to a private rear courtyard.
The rear courtyard includes a semi-attached storage room/mudroom and private laundry connections for each residence. The property is stated to be in an X Flood Zone and never flooded. A left-side unit is leased to long-term tenants with monthly rent stated at $1,595, with those tenants described as interested in remaining in place.
Located at 1729-31 Burdette Street, the property comprises two residential units designed for privacy and practical day-to-day living around the private courtyard.
The rear courtyard includes a semi-attached storage room/mudroom and private laundry connections for each residence. The property is stated to be in an X Flood Zone and never flooded. A left-side unit is leased to long-term tenants with monthly rent stated at $1,595, with those tenants described as interested in remaining in place.
Located at 1729-31 Burdette Street, the property comprises two residential units designed for privacy and practical day-to-day living around the private courtyard.
Key Highlights
- Historic side‑hall duplex built in 1920 with 2 units, each offering 2 bedrooms and 1 full bath
- Private rear courtyard for each unit, plus a semi‑attached storage room/mudroom with private laundry connections
- Double parlor layout with original ornate fireplaces and mantels, plus 12‑foot ceilings and heart pine hardwood floors
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 | $43.9k | $19.80 |
| − Vacancy | −$3.8k | −$1.71 |
| EGI | $40.1k | $18.09 |
| − OpEx | −$12.0k | −$5.43 |
| NOI | $28.1k | $12.66 |
2,217 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.0K
$350.9K – $467.9K
NOI $28,073 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$368.6K
$322.5K – $430.1K
NOI $25,803 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$563.5K
$493.1K – $657.4K
NOI $39,444 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Historic duplex with two bedrooms per unit, each with full bath and private rear courtyard.
Where is this duplex located?
The property is located at 1729-31 Burdette Street New Orleans, LA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Historic side‑hall duplex built in 1920 with 2 units, each offering 2 bedrooms and 1 full bath; Private rear courtyard for each unit, plus a semi‑attached storage room/mudroom with private laundry connections; Double parlor layout with original ornate fireplaces and mantels, plus 12‑foot ceilings and heart pine hardwood floors
