Modern Duplex With Great
225-227 Pacific Avenue New Orleans, LA 70114
225-227 Pacific Avenue, New Orleans, LA, 70114
$725,000
For Sale
$725,000
Newly finished in 2023, this duplex offers two three-bedroom residences with updated kitchens and spa-style bathrooms.
Property Size2,929 SF
Price / SF$247.52
Days on Market163
Property Features for 225-227 Pacific Avenue
General Information
- Standard status
- Active
- Size
- 2,929 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2022
Listing agency
Windfeel Properties
(504) 383-5893
Listed by
Monique Davis · License #995699408
(504) 383-5893
Source
Compass
Added: Feb 10 Updated: Jul 22 at 10:22PM Checked: Jul 22 at 10:22PM
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 Windfeel Properties
Investment Insights
Based on property information with market context.
Finished in 2023, this modern duplex features two separate residences, each with three bedrooms, two bathrooms, and a spacious Great Room that integrates the kitchen and living area. The primary suite includes a soaking tub, and the bathrooms are described as spa-inspired, including a Dasan Full Body Shower System. Furnishings are available as part of the sale, creating a move-in-ready setup.
Located in Historic Algiers Point at 225–227 Pacific Avenue in New Orleans, the property is positioned for easy access to scenic riverfront paths and city views. The public remarks also note convenient ferry access across the Mississippi River to the French Quarter, along with restaurants, cafes, and local shops within walking distance.
The duplex is also available to purchase separately as individual condo units, allowing for flexible ownership options.
Located in Historic Algiers Point at 225–227 Pacific Avenue in New Orleans, the property is positioned for easy access to scenic riverfront paths and city views. The public remarks also note convenient ferry access across the Mississippi River to the French Quarter, along with restaurants, cafes, and local shops within walking distance.
The duplex is also available to purchase separately as individual condo units, allowing for flexible ownership options.
Key Highlights
- Newly finished in 2023 duplex with 2 stories and pillar/post/pier foundation
- Two 3‑bedroom, 2‑bath residences per side, totaling 6 bedrooms and 4 full bathrooms
- Central air and central heating
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 | $58.0k | $19.80 |
| − Vacancy | −$5.0k | −$1.71 |
| EGI | $53.0k | $18.09 |
| − OpEx | −$15.9k | −$5.43 |
| NOI | $37.1k | $12.66 |
2,929 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$529.8K
$463.6K – $618.1K
NOI $37,088 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$487.0K
$426.1K – $568.2K
NOI $34,090 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$744.5K
$651.4K – $868.5K
NOI $52,112 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly finished in 2023, this duplex offers two three-bedroom residences with updated kitchens and spa-style bathrooms.
Where is this duplex located?
The property is located at 225-227 Pacific Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Newly finished in 2023 duplex with 2 stories and pillar/post/pier foundation; Two 3‑bedroom, 2‑bath residences per side, totaling 6 bedrooms and 4 full bathrooms; Central air and central heating
