Duplex with Rear
For Sale
$335,000
1826 28 S Dupre St, New Orleans, LA 70125
Separate fenced yards and driveways give each residence its own outdoor space and parking.
Property Size2,310 SF
Price / SF$145.02
Days on Market8
Property Features for 1826 28 S Dupre St
General Information
Standard status
Active
Size
2,310 SF
Property subtype
Multi-Family
Building Details
Year Built
1930
Listing Agency:
Boyd Realtors, LLC
(504) 533-8701
Listed By:
April Brown · License #995705288
(504) 606-0466
Source:
Hospitalityrealty
Added: Sep 30
Changed: Oct 7
Last Checked: Oct 7 at 12:40PM
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 Boyd Realtors, LLC
Investment Insights
Based on property information with market context.
Built in 1930, this 2,310-square-foot duplex contains two residences with high ceilings, hardwood flooring, natural light, and open living and dining areas. Each unit has front and rear porches, along with a separate fenced yard and driveway. The owner’s unit includes an additional rear deck.
Long-term tenants are in place, subject to existing lease terms. The property is located in Broadmoor, New Orleans.
Long-term tenants are in place, subject to existing lease terms. The property is located in Broadmoor, New Orleans.
Key Highlights
- Two‑unit property totaling 2,310 square feet
- Built in 1930
- Separate fenced yard and driveway for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,250
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,000
$585.0K
Cap Rate 7%
$417,857
$417.9K
Cap Rate 9%
$325,000
$325.0K
Market Conditions
NOI Build-Up for 2,310 SF
Gross rent
$45.7K $19.80/SF
− Vacancy
−$4.0K −$1.71/SF
EGI
$41.8K $18.09/SF
− OpEx
−$12.5K −$5.43/SF
NOI
$29.3K $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%
$585,000
Cap Rate 7%
$417,857
Cap Rate 9%
$325,000
Alternative Uses
Best Use
Multifamily LT 5
$417.9K
$365.6K – $487.5K
NOI $29,250 @ 7.0% cap · market cap 8.73%
Second Best
Apartment 5plus
$384.1K
$336.1K – $448.1K
NOI $26,886 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$587.1K
$513.7K – $685.0K
NOI $41,099 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Explore this area
Business Placement
Demographics for 70125, LA
17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate fenced yards and driveways give each residence its own outdoor space and parking.
Where is this duplex located?
The property is located at 1826 28 S Dupre St New Orleans, LA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑unit property totaling 2,310 square feet; Built in 1930; Separate fenced yard and driveway for each unit
