2101 CARROLLTON Avenue New Orleans, LA 70118
MULTI_FAMILY - New Orleans, LA
- Added:
- Jul 12, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 14 at 9:06 am
Property Features for 2101 CARROLLTON Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Off Street
- Exterior features
- Balcony
- Standard status
- Active
- APN
- 2101
- Size
- 3,578 SF
Taxes and HOA fees
- Tax Description
- SQ 287 LOT 1 S CARROLLTON & PANOLA 30 X 120 2101-03 S CARROLLTON
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1919
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Joanna Daunie License #995688211 (504) 908-5037
Listing office Homesmart Realty South 3131 N I-10 Service Rd, #101, New Orleans, LA (504) 908-7653
Listing date Jul 12, 2026
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.
The property is positioned along a streetcar line on S. Carrollton Avenue. It also includes off-street parking for three to four vehicles. For maintenance and reliability, the home was completely rewired after the current owner purchased it. The adjacent side street, Panola Street, has been fully repaved as part of local infrastructure improvements.
Overall, the configuration supports two income-producing residences within a single duplex structure.
Key Highlights
- Duplex with historic New Orleans character, built in 1919
- Upper residence: four bedrooms and two updated bathrooms with soaring ceilings
- Upper unit includes updated kitchen and has covered front and rear balconies
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 | $70.8k | $19.80 |
| − Vacancy | −$6.1k | −$1.71 |
| EGI | $64.7k | $18.09 |
| − OpEx | −$19.4k | −$5.43 |
| NOI | $45.3k | $12.66 |
