Duplex with Front
For Sale
$900,000
2230 CONSTANCE Street, New Orleans, LA 70130
Multifamily, New Orleans, LA
Property Size2,272 SF
Price / SF$396.13
Days on Market15
Property Features for 2230 CONSTANCE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 2
Patio and Porch features
Porch
Standard status
Active
APN
2230constance
Size
2,272 SF
Additional Details
Tenant in Place
Yes
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
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1930
Number of units
2
Building materials
Wood Siding
Architectural style
Craftsman
Listing Agency:
Berkshire Hathaway HS - Garden District/Uptown · Berkshire Hathaway HomeServices
(504) 799-1702
Listed By:
Nathalie J Dubois · License #995703042
(504) 610-0679
Added: Oct 9
Changed: Oct 23
Last Checked: Oct 23 at 12:06PM
MLS# 2580974
Copyright © 2026 ROAM MLS. 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 2,272-square-foot duplex, built in 1930, contains two residences: a three-bedroom, two-bath owner’s unit and a separate one-bedroom rental. Interior features include hardwood floors, French doors, and a laundry room equipped with a washer and dryer. The primary suite has a clawfoot tub, dual vanities, and a walk-in closet. Central heating and air conditioning serve the property, and a front porch provides outdoor space.
The property is one block from Magazine Street, within walking distance of coffee shops, restaurants, and boutiques. Public water and sewer are available, and natural gas service is available. The rental unit has a private side entrance and includes a living room, dining area, kitchen, and walk-in closet.
The property is one block from Magazine Street, within walking distance of coffee shops, restaurants, and boutiques. Public water and sewer are available, and natural gas service is available. The rental unit has a private side entrance and includes a living room, dining area, kitchen, and walk-in closet.
Key Highlights
- Two‑unit duplex with 2,272 square feet
- Owner’s residence has 3 bedrooms and 2 full bathrooms
- Separate rental unit has 1 bedroom and a private side entrance
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
NOI $28,769 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$377.8K
$330.5K – $440.7K
NOI $26,443 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$577.5K
$505.3K – $673.7K
NOI $40,423 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,968
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The layout pairs a three-bedroom residence with a separate one-bedroom unit.
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: Two‑unit duplex with 2,272 square feet; Owner’s residence has 3 bedrooms and 2 full bathrooms; Separate rental unit has 1 bedroom and a private side entrance
