Residential Income Property with
For Sale
$609,000
2328 30 CAMBRONNE Street, New Orleans, LA 70118
A 1921 property with central air and central heating offers a residential income use.
Property Size3,600 SF
Price / SF$169.17
Days on Market164
Property Features for 2328 30 CAMBRONNE Street
General Information
Standard status
Active
Size
3,600 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Neighborhood
Leonidas
Amenities
Central Air
Central
Driveway
Craftsman
Building Details
Year Built
1921
Stories
2
Listing Agency:
Talbot Historic Properties
Listed By:
Tracy Talbot · License #000006986
(504) 415-9730
Source:
Evrealestate
Added: May 14
Changed: Oct 19
Last Checked: Oct 23 at 8:09AM
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 Talbot Historic Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property at 2328 23 Cambronne Street contains 3,600 square feet. Built in 1921, it has central air, central heating, and a driveway. Its exterior style is Craftsman.
Key Highlights
- 3,600‑square‑foot residential income property
- Built in 1921
- Central air and central heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,900
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,000
$838.0K
Cap Rate 7%
$598,571
$598.6K
Cap Rate 9%
$465,556
$465.6K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$83.8K $23.28/SF
− Vacancy
−$7.6K −$2.12/SF
EGI
$76.2K $21.16/SF
− OpEx
−$34.3K −$9.52/SF
NOI
$41.9K $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%
$838,000
Cap Rate 7%
$598,571
Cap Rate 9%
$465,556
Alternative Uses
Best Use
Apartment 5plus
$598.6K
$523.8K – $698.3K
NOI $41,900 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$915.0K
$800.6K – $1.07M
NOI $64,050 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Explore this area
Business Placement
Demographics for 70118, LA
35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - A 1921 property with central air and central heating offers a residential income use.
Where is this residential income property located?
The property is located at 2328 30 CAMBRONNE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $609,000.
What are key features of this property?
This property features: 3,600‑square‑foot residential income property; Built in 1921; Central air and central heating
