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Duplex with Front Porch
New
For Sale
$900,000

2230 CONSTANCE Street, New Orleans, LA 70130

Multi-Family, Arts and Crafts, New Orleans, LA

Property Size2,272 SF
Price / SF$396.13
Days on Market2

Property Features for 2230 CONSTANCE Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Security features Security
Patio and Porch features Porch
Exterior features Fence, Porch, Security Cameras
Fencing Fenced
Lot features Regular
Standard status Active
APN 2230constance
Size 2,272 SF

Taxes and HOA fees

Tax Description 1. SQ 109 PT LOT 14 2. 30.9X120 3. 2230-32 CONSTANCE ST
Legal Description 1. SQ 109 PT LOT 14 2. 30.9X120 3. 2230-32 CONSTANCE ST

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

front porch
laundry room

Building Details

Year built 1930
Floors in Building 1
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices Preferred, REALTOR
Listed By: Nathalie Dubois · License #995703042
Added: Oct 9 Last Checked: Oct 10 at 4:06AM
MLS# 2580974

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 2,272-square-foot duplex, built in 1930, contains two residences: a three-bedroom, two-bath unit and a one-bedroom unit with living and dining areas. Interior features described include hardwood floors, French doors, custom blinds, and a shared laundry room with a washer and dryer. The larger unit has a kitchen with granite countertops, a breakfast bar, pantry, and built-in desk; its primary suite includes a walk-in closet and a bathroom with a clawfoot tub. The second unit has a separate side entrance and a walk-in closet. A front porch and fenced yard provide outdoor features, while central heating and air conditioning serve the property.

The property is one block from Magazine Street, with coffee shops, restaurants, and boutiques within walking distance. Additional features include security cameras, a shingle roof, and public water.

Key Highlights

  • 2,272 square feet across two residential units
  • Three‑bedroom, two‑bath unit and separate one‑bedroom unit
  • Built in 1930

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,769
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,380 $575.4K
Cap Rate 7%
$410,986 $411.0K
Cap Rate 9%
$319,656 $319.7K
Market Conditions
NOI Build-Up for 2,272 SF
Gross rent
$45.0K $19.80/SF
− Vacancy
−$3.9K −$1.71/SF
EGI
$41.1K $18.09/SF
− OpEx
−$12.3K −$5.43/SF
NOI
$28.8K $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%
$575,380
Cap Rate 7%
$410,986
Cap Rate 9%
$319,656

Alternative Uses

Best Use
Multifamily LT 5
$411.0K
$359.6K – $479.5K (±1% cap)
NOI $28,769 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$377.8K
$330.5K – $440.7K (±1% cap)
NOI $26,443 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$577.5K
$505.3K – $673.7K (±1% cap)
NOI $40,423 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Barber Shop Daycare Center Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,968
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences include a three-bedroom unit and a one-bedroom unit, with central heating and air conditioning.
Where is this duplex located?
The property is located at 2230 CONSTANCE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 2,272 square feet across two residential units; Three‑bedroom, two‑bath unit and separate one‑bedroom unit; Built in 1930
More about this property
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