Duplex with Separate
1916 CONSTANTINOPLE Street New Orleans, LA 70115
1916 CONSTANTINOPLE Street, New Orleans, LA, 70115
$315,000
For Sale
$315,000
MULTI_FAMILY - New Orleans, LA
Property Size1,579 SF
Lot Size0.08 Acres
Price / SF$199.49
Days on Market9
Property Features for 1916 CONSTANTINOPLE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 614306314
- Size
- 1,579 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 473 LOT 18 CONSTANTINOPLE 30X120 1916-18 CONSTANTINOPLE ST DU-W MAJOR DEFICIENCIES FILE #85879 7/03
Utilities
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1913
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Keller Williams Realty New Orleans
(504) 862-0100
8601 Leake Ave., New Orleans, LA
Listed by
David Ernst · License #995683148
(504) 862-0100
Added: Jul 9 Checked: Jul 17 at 5:06 am
MLS# 2566374
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 classic double-side duplex sits on a deep, fenced lot measuring 30 x 120. Each side offers 2 bedrooms and 1 bath, totaling 1,579 square feet, with pine floors and original fireplace mantels throughout. The big-ticket items are in good shape, including a roof approximately 3 years old and newer Hardie board siding on the exterior. The 1916 side is vacant with a freshly painted interior and includes appliances, while the 1918 side is tenant-occupied.
There are separate meters, and tenants pay all utilities. The property features a raised foundation and gas heat. It is described as being two blocks from the St. Charles streetcar and steps from Napoleon Ave, restaurants, and the parade route. The 1918 side is tenant-occupied at $1,425 per month. Sold as-is with a waiver of redhibition.
There are separate meters, and tenants pay all utilities. The property features a raised foundation and gas heat. It is described as being two blocks from the St. Charles streetcar and steps from Napoleon Ave, restaurants, and the parade route. The 1918 side is tenant-occupied at $1,425 per month. Sold as-is with a waiver of redhibition.
Key Highlights
- Classic New Orleans double in Milan on a deep fenced 30 x 120 lot
- Two sides each offer 2 bedrooms and 1 bath, totaling 1,579 sq ft (pine floors, original fireplace mantels)
- Roof is about 3 years old; newer Hardie board siding on the exterior
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 | $21.2k | $13.44 |
| − Vacancy | −$1.8k | −$1.16 |
| EGI | $19.4k | $12.28 |
| − OpEx | −$5.8k | −$3.68 |
| NOI | $13.6k | $8.60 |
1,579 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$193.9K
$169.7K – $226.2K
NOI $13,572 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$171.9K
$150.4K – $200.5K
NOI $12,031 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$416.6K
$364.5K – $486.0K
NOI $29,161 @ 7.0% cap · market cap 9.26%
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 - Two 2-bedroom, 1-bath units on a raised foundation with separate meters and gas heat.
Where is this duplex located?
The property is located at 1916 CONSTANTINOPLE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Classic New Orleans double in Milan on a deep fenced 30 x 120 lot; Two sides each offer 2 bedrooms and 1 bath, totaling 1,579 sq ft (pine floors, original fireplace mantels); Roof is about 3 years old; newer Hardie board siding on the exterior
