Traditional Duplex with Central
For Sale
$245,000
2012 14 Annette St, New Orleans, LA 70116
Two-unit residential property featuring central air and a traditional exterior design.
Property Size1,680 SF
Price / SF$145.83
Days on Market59
Property Features for 2012 14 Annette St
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi-Family
Building Details
Year Built
1930
Listing Agency:
Composite Realty Group, LLC
Listed By:
Demetria Miller · License #995717734
(504) 430-4490
Source:
Dominionplace
Added: Aug 11
Changed: Sep 13
Last Checked: Oct 7 at 1:57PM
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 Composite Realty Group, LLC
Investment Insights
Based on property information with market context.
This duplex contains 1,680 square feet and was constructed in 1930. The property includes central air and central heating, with a traditional exterior character and no additional exterior features identified.
The property is located at 2012 14 Annette Street in New Orleans, Louisiana, within Orleans Parish. Access is described from Elysian Fields through North Miro, St. Anthony, North Johnson, and Annette Street.
The property is located at 2012 14 Annette Street in New Orleans, Louisiana, within Orleans Parish. Access is described from Elysian Fields through North Miro, St. Anthony, North Johnson, and Annette Street.
Key Highlights
- 1,680‑square‑foot duplex
- Built in 1930
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,273
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,460
$425.5K
Cap Rate 7%
$303,900
$303.9K
Cap Rate 9%
$236,367
$236.4K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$33.3K $19.80/SF
− Vacancy
−$2.9K −$1.71/SF
EGI
$30.4K $18.09/SF
− OpEx
−$9.1K −$5.43/SF
NOI
$21.3K $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%
$425,460
Cap Rate 7%
$303,900
Cap Rate 9%
$236,367
Alternative Uses
Best Use
Multifamily LT 5
$303.9K
$265.9K – $354.6K
NOI $21,273 @ 7.0% cap · market cap 8.68%
Second Best
Apartment 5plus
$279.3K
$244.4K – $325.9K
NOI $19,553 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$427.0K
$373.6K – $498.2K
NOI $29,890 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
Explore this area
Business Placement
Demographics for 70116, LA
10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property featuring central air and a traditional exterior design.
Where is this duplex located?
The property is located at 2012 14 Annette St New Orleans, LA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 1,680‑square‑foot duplex; Built in 1930; Central air conditioning
