Updated Two-Unit
For Sale
$429,900
1908-10 BROADWAY Street, New Orleans, LA 70118
Multi-Family, Traditional, New Orleans, LA
Property Size2,743 SF
Price / SF$156.73
Days on Market225
Property Features for 1908-10 BROADWAY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street, Driveway
Patio and Porch features
Porch
Exterior features
Fence, Porch
Fencing
Fenced
Lot features
Regular
Subdivision
University
Standard status
Active
APN
615311307
Size
2,743 SF
Taxes and HOA fees
Tax Description
FRIBURG SQ 39 LOT C BROADWAY 35X103 1908-10 BROADWAY DUP-W SALE + 2004 PERMIT FILE #84520 10/02
Legal Description
FRIBURG SQ 39 LOT C BROADWAY 35X103 1908-10 BROADWAY DUP-W SALE + 2004 PERMIT FILE #84520 10/02
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
central air conditioning
central heating
laundry
balcony
private patio
Building Details
Year built
1935
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
Pintat Realty LLC
(504) 451-5443
Listed By:
Traci Bird Kestler
(504) 975-5971
Added: Mar 10
Changed: Sep 26
Last Checked: Oct 20 at 2:06AM
MLS# 2530811
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.
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,743 square feet within a 1935 building. The lower residence offers three bedrooms, one and one-half baths, and access to a larger fenced yard. The upper residence includes three bedrooms, one bath, a balcony, and a private rear patio. Both units feature spacious rooms, wood and tile flooring, and large kitchens. An exterior structure provides separate laundry areas for each residence.
Major systems have been updated, including wiring, copper plumbing, windows, sewer service, and central HVAC. The property has separate water and electric meters, while tenants are responsible for utilities. A shared driveway provides off-street parking for two vehicles. Public water service, a shingle roof, fencing, and porch features are also included. The property is located in New Orleans, Louisiana.
Major systems have been updated, including wiring, copper plumbing, windows, sewer service, and central HVAC. The property has separate water and electric meters, while tenants are responsible for utilities. A shared driveway provides off-street parking for two vehicles. Public water service, a shingle roof, fencing, and porch features are also included. The property is located in New Orleans, Louisiana.
Key Highlights
- 2,743‑square‑foot duplex built in 1935
- Two 3‑bedroom residences with 1.5 baths in the lower unit and 1 bath upstairs
- Major systems updated, including wiring, copper plumbing, windows, sewer, and central HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,733
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,660
$694.7K
Cap Rate 7%
$496,186
$496.2K
Cap Rate 9%
$385,922
$385.9K
Market Conditions
NOI Build-Up for 2,743 SF
Gross rent
$54.3K $19.80/SF
− Vacancy
−$4.7K −$1.71/SF
EGI
$49.6K $18.09/SF
− OpEx
−$14.9K −$5.43/SF
NOI
$34.7K $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%
$694,660
Cap Rate 7%
$496,186
Cap Rate 9%
$385,922
Alternative Uses
Best Use
Multifamily LT 5
$496.2K
$434.2K – $578.9K
NOI $34,733 @ 7.0% cap · market cap 8.08%
Second Best
Apartment 5plus
$456.1K
$399.1K – $532.1K
NOI $31,925 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$697.2K
$610.0K – $813.4K
NOI $48,803 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,085
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious residences with separate utilities, central HVAC, private outdoor areas, and shared off-street parking.
Where is this duplex located?
The property is located at 1908-10 BROADWAY Street New Orleans, LA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 2,743‑square‑foot duplex built in 1935; Two 3‑bedroom residences with 1.5 baths in the lower unit and 1 bath upstairs; Major systems updated, including wiring, copper plumbing, windows, sewer, and central HVAC
