Duplex with Separate
For Sale
$429,900
1908-10 BROADWAY Street, New Orleans, LA 70118
Multifamily, New Orleans, LA
Property Size2,743 SF
Price / SF$156.73
Days on Market228
Property Features for 1908-10 BROADWAY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Parking
2
Parking features
Off Street, Driveway
Patio and Porch features
Porch
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
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
central HVAC
separate water and electric meters
laundry facilities
balcony
private patio
yard
Building Details
Year built
1935
Number of units
2
Flooring type
Wood, Tile
Building materials
Wood Siding
Architectural style
Other
Buildings
2
Listing Agency:
Pintat Realty LLC
(504) 451-5443
Listed By:
Traci Bird Kestler · License #995684025
(504) 975-5971
Added: Mar 10
Changed: Oct 23
Last Checked: Oct 23 at 2:06PM
MLS# 2530811
Copyright © 2026 ROAM MLS. 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 2,743-square-foot duplex contains two three-bedroom residences: a lower unit with 1.5 baths and an upper unit with one bath. The lower residence has a larger yard, while the upper unit includes a balcony and a private patio. Each unit has its own laundry area in a separate outdoor building. Wood and tile flooring, central heating and air conditioning, and spacious kitchens are among the interior features. The building dates to 1935; updates include replacement wiring, copper plumbing, windows, sewer, and central HVAC. Gas service is capped, with availability noted. Water and electric meters are separate, and tenants are responsible for their utilities.
The property is at 1908-10 Broadway Street in New Orleans. A shared driveway provides off-street parking for two vehicles. The reported capitalization rate is above 6%.
The property is at 1908-10 Broadway Street in New Orleans. A shared driveway provides off-street parking for two vehicles. The reported capitalization rate is above 6%.
Key Highlights
- 2,743‑square‑foot duplex with two three‑bedroom units
- Lower residence: 3 bedrooms, 1.5 baths, and a larger yard
- Upper residence: 3 bedrooms, 1 bath, balcony, and private patio
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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Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
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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 three-bedroom residences have individual utility meters, private outdoor areas, and 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 with two three‑bedroom units; Lower residence: 3 bedrooms, 1.5 baths, and a larger yard; Upper residence: 3 bedrooms, 1 bath, balcony, and private patio
