Duplex with Mother-in-Law
1818 LAHARPE Street New Orleans, LA 70116
New
1818 LAHARPE Street, New Orleans, LA, 70116
$775,000
For Sale
$775,000
MULTI_FAMILY - New Orleans, LA
Property Size2,779 SF
Price / SF$278.88
Days on Market5
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 Agency
Berkshire Hathaway HomeServices Preferred, REALTOR
(504) 799-1702
4018 Magazine St., New Orleans, LA
Listed by
Thomas McIntyre - Day · License #995715147
(504) 799-1702
Added: Jul 13 Checked: Jul 17 at 4:06 pm
MLS# 2567432
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.
Investment Insights
Based on property information with market context.
This upscale duplex was built in 2018 and features a primary residence with an additional 1-bedroom mother-in-law unit. Interior highlights include pine hardwood floors and high ceilings, along with luxury finishes and stainless steel appliances. The property also includes two off-street parking spaces.
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.
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 |
2,779 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$502.7K
$439.9K – $586.5K
NOI $35,189 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$462.1K
$404.3K – $539.1K
NOI $32,344 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$706.3K
$618.0K – $824.1K
NOI $49,443 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Turnkey duplex built in 2018 with a mother-in-law suite, stainless appliances, pine hardwood floors, and two off-street parking spaces.
Where is this duplex located?
The property is located at 1818 LAHARPE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 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
