Renovated Duplex With In-Unit
1923-25 Eagle Street New Orleans, LA 70118
1923-25 Eagle Street, New Orleans, LA, 70118
$375,000
For Sale
$375,000
Renovated 2007 duplex updated in 2024 with modern kitchens, multiple bedrooms and in-unit laundry in each unit.
Property Size2,856 SF
Price / SF$131.30
Days on Market84
Property Features for 1923-25 Eagle Street
General Information
- Standard status
- Active
- Size
- 2,856 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2007
Listing agency
Valmont Realtors
(504) 613-7948
Listed by
Kristen Koppel · License #995687860
(504) 613-7948
Source
Compass
Added: Apr 30 Updated: Jul 10 at 1:52PM Checked: Jul 22 at 9:57AM
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 Valmont Realtors
Investment Insights
Based on property information with market context.
This duplex was originally built in 2007 and recently renovated in 2024. The renovation was completed to enhance the size of each unit and includes modern kitchens, in-unit laundry, and generous interior layouts. Each unit is described as having 4 bedrooms and 3 full bathrooms, supporting a straightforward configuration for residential income use.
The property is located in the West Carrollton area, just four blocks from South Claiborne Avenue. The remarks also cite convenient access to Claiborne Avenue, Jefferson Parish, interstate connections, and public transportation.
The duplex is currently occupied and requires 48 hours’ notice for showings. The property is also subject to an LHC Regulatory Agreement, as noted in the agent remarks. For buyers evaluating a residential income property, the combination of 2024 updates, in-unit laundry, and unit-by-unit bedroom and bathroom count offers clear tenant-oriented utility for day-to-day leasing and operations.
The property is located in the West Carrollton area, just four blocks from South Claiborne Avenue. The remarks also cite convenient access to Claiborne Avenue, Jefferson Parish, interstate connections, and public transportation.
The duplex is currently occupied and requires 48 hours’ notice for showings. The property is also subject to an LHC Regulatory Agreement, as noted in the agent remarks. For buyers evaluating a residential income property, the combination of 2024 updates, in-unit laundry, and unit-by-unit bedroom and bathroom count offers clear tenant-oriented utility for day-to-day leasing and operations.
Key Highlights
- 2007‑built 2‑story duplex renovated in 2024, with updated interiors including modern kitchens
- 8 total bedrooms and 6 full bathrooms across the two units
- In‑unit laundry in each unit; heating via wall furnace and cooling via wall unit(s)
Local Financial Insights For Apartment 5plus
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 | $66.5k | $23.28 |
| − Vacancy | −$6.1k | −$2.12 |
| EGI | $60.4k | $21.16 |
| − OpEx | −$27.2k | −$9.52 |
| NOI | $33.2k | $11.64 |
2,856 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$516.6K
$452.1K – $602.7K
NOI $36,164 @ 7.0% cap · market cap 9.64%
Second Best
Apartment 5plus
$474.9K
$415.5K – $554.0K
NOI $33,241 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$725.9K
$635.2K – $846.9K
NOI $50,813 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated 2007 duplex updated in 2024 with modern kitchens, multiple bedrooms and in-unit laundry in each unit.
Where is this duplex located?
The property is located at 1923-25 Eagle Street New Orleans, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2007‑built 2‑story duplex renovated in 2024, with updated interiors including modern kitchens; 8 total bedrooms and 6 full bathrooms across the two units; In‑unit laundry in each unit; heating via wall furnace and cooling via wall unit(s)
