Duplex with Hardwood
For Sale
$425,000
1814-1816 Dublin St, New Orleans, LA 70118
Two three-bedroom units offer separate staircases, central HVAC, and flexible owner-occupant or rental use.
Property Size2,860 SF
Price / SF$148.60
Days on Market69
Property Features for 1814-1816 Dublin St
General Information
Standard status
Active
Size
2,860 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
hardwood floors
two separate staircases
outdoor space
Building Details
Year Built
1909
Listing Agency:
Satsuma Real Estate LLC
Listed By:
Joshua Fogarty · License #995700768
(504) 621-5400
Source:
Dominionplace
Added: Aug 13
Changed: Oct 7
Last Checked: Oct 7 at 1:26PM
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 Satsuma Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,860 square feet across two residential units, each configured with three independent bedrooms and hardwood flooring. Separate staircases serve the units, supporting distinct circulation within the property. Both central HVAC systems were replaced within the last five years, and the building dates to 1909.
One unit is currently occupied by the owner, while the second is leased to a tenant. The property also includes outdoor space suitable for residential use. Located at 1814-1816 Dublin St in New Orleans, the duplex provides a six-bedroom configuration with an existing combination of occupancy and rental use.
One unit is currently occupied by the owner, while the second is leased to a tenant. The property also includes outdoor space suitable for residential use. Located at 1814-1816 Dublin St in New Orleans, the duplex provides a six-bedroom configuration with an existing combination of occupancy and rental use.
Key Highlights
- 2,860‑square‑foot duplex with two residential units
- Each unit includes three independent bedrooms and hardwood floors
- Both central HVAC systems replaced within the last five years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,215
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,300
$724.3K
Cap Rate 7%
$517,357
$517.4K
Cap Rate 9%
$402,389
$402.4K
Market Conditions
NOI Build-Up for 2,860 SF
Gross rent
$56.6K $19.80/SF
− Vacancy
−$4.9K −$1.71/SF
EGI
$51.7K $18.09/SF
− OpEx
−$15.5K −$5.43/SF
NOI
$36.2K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,300
Cap Rate 7%
$517,357
Cap Rate 9%
$402,389
Alternative Uses
Best Use
Multifamily LT 5
$517.4K
$452.7K – $603.6K
NOI $36,215 @ 7.0% cap · market cap 8.52%
Second Best
Apartment 5plus
$475.5K
$416.1K – $554.8K
NOI $33,287 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$726.9K
$636.1K – $848.1K
NOI $50,884 @ 7.0% cap · market cap 11.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,262
Businesses Nearby
Explore this area
Business Placement
Demographics for 70118, LA
35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units offer separate staircases, central HVAC, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 1814-1816 Dublin St New Orleans, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,860‑square‑foot duplex with two residential units; Each unit includes three independent bedrooms and hardwood floors; Both central HVAC systems replaced within the last five years
