1818 LAHARPE Street New Orleans, LA 70116
MULTI_FAMILY - New Orleans, LA
Property Features for 1818 LAHARPE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 37W111217
- Size
- 2,779 SF
Taxes and HOA fees
- Tax Description
- 1. SQ 895 LOT 15 2. 32 X 158 3. 1818-20 LAHARPE ST
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Thomas McIntyre - Day License #995715147 (504) 799-1702
Listing office Berkshire Hathaway HomeServices Preferred, REALTOR 4018 Magazine St., New Orleans, LA (504) 799-1702
Listing date Jul 13, 2026
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.
Investment Insights
Based on property information with market context.
Located in Treme, the duplex is described as being just minutes from the French Quarter, City Park, the Fair Grounds, the Medical District, and I-10.
The listing notes a proven history of consistent rental income, with actuals available, and states the property offers flexibility for buy-and-hold or for living in one portion while renting the secondary unit and efficiency to help offset expenses.
Key Highlights
- Upscale duplex with a 1‑bedroom mother‑in‑law unit and additional efficiency unit
- Built in 2018 with central heating and central air conditioning
- Porch and pine hardwood floors with high ceilings and luxury finishes
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 | $55.0k | $19.80 |
| − Vacancy | −$4.8k | −$1.71 |
| EGI | $50.3k | $18.09 |
| − OpEx | −$15.1k | −$5.43 |
| NOI | $35.2k | $12.66 |
