Studio Apartment with In-Unit
New
For Sale
Contact for pricing
210 ELIZA Street, New Orleans, LA 70114
New Orleans, LA
Property Size350 SF
Price / SF$3.29
Days on Market5
Property Features for 210 ELIZA Street
General Information
Property type
Residential
Property subtype
Quadruplex
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1
Standard status
Active
Size
350 SF
Amenities
washer/dryer combo
Building Details
Year built
1900
Listing Agency:
Engel & Volkers New Orleans · Engel & Völkers
(504) 234-5000
Listed By:
Demi Bufkin
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 24 at 10:06AM
MLS# 2582461
Copyright © 2026 Engel & Völkers. 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 350-square-foot studio apartment is in a building constructed in 1900. The unit has a kitchen with a range and oven, microwave, and refrigerator, plus a combined washer and dryer. Mini-split air-conditioning units provide cooling, and the bathroom includes storage. Water and sewage service are included. Pets may be considered on a case-by-case basis.
Key Highlights
- 350 square feet
- Building dates to 1900
- Kitchen includes a range and oven, microwave, and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,074
Suggested Prices Based on Cap Rates
Cap Rate 5%
$81,480
$81.5K
Cap Rate 7%
$58,200
$58.2K
Cap Rate 9%
$45,267
$45.3K
Market Conditions
NOI Build-Up for 350 SF
Gross rent
$8.1K $23.28/SF
− Vacancy
−$741 −$2.12/SF
EGI
$7.4K $21.16/SF
− OpEx
−$3.3K −$9.52/SF
NOI
$4.1K $11.64/SF
Area
New Orleans, LA
Vacancy
9.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$81,480
Cap Rate 7%
$58,200
Cap Rate 9%
$45,267
Alternative Uses
Best Use
Apartment 5plus
$58.2K
$50.9K – $67.9K
NOI $4,074 @ 7.0% cap · market cap 354.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$89.0K
$77.8K – $103.8K
NOI $6,227 @ 7.0% cap · market cap 541.48%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,591
Businesses Nearby
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Business Placement
Demographics for 70114, LA
23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Water and sewage are included, and the unit has a fitted kitchen with major appliances.
Where is this residential income property located?
The property is located at 210 ELIZA Street New Orleans, LA.
What are key features of this property?
This property features: 350 square feet; Building dates to 1900; Kitchen includes a range and oven, microwave, and refrigerator
