Cottage-Style
For Sale
$375,000
2441 CHARTRES Street, New Orleans, LA 70117
Multifamily, New Orleans, LA
Property Size1,859 SF
Lot Size0.04 Acres
Price / SF$201.72
Days on Market106
Property Features for 2441 CHARTRES Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Standard status
Active
APN
38W100907
Size
1,859 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Description
SQ 150 LOT A PT 6 CHARTRES & SPAIN 32 X 48 DBLE 4/RM S/R 2437-41 CHARTRES ST
Legal Description
SQ 150 LOT A PT 6 CHARTRES & SPAIN 32 X 48 DBLE 4/RM S/R 2437-41 CHARTRES ST
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1917
Number of units
2
Architectural style
Cottage
Buildings
1
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Andre N Cardinale · License #995713214
(504) 206-2714
Added: Jul 10
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2566668
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 1,859-square-foot duplex was built in 1917 and has cottage architecture. Its floor plan includes four bedrooms and two bathrooms, with central heating and central air conditioning. Public water and sewer serve the property.
The property is at 2441 Chartres Street in New Orleans’ Faubourg Marigny, a few blocks from the French Quarter and Frenchmen Street. Restaurants, cafes, and entertainment venues are also nearby.
The property is at 2441 Chartres Street in New Orleans’ Faubourg Marigny, a few blocks from the French Quarter and Frenchmen Street. Restaurants, cafes, and entertainment venues are also nearby.
Key Highlights
- 1,859 square feet with four bedrooms and two bathrooms
- Built in 1917 with cottage‑style architecture
- Central heating and central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,540
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,800
$470.8K
Cap Rate 7%
$336,286
$336.3K
Cap Rate 9%
$261,556
$261.6K
Market Conditions
NOI Build-Up for 1,859 SF
Gross rent
$36.8K $19.80/SF
− Vacancy
−$3.2K −$1.71/SF
EGI
$33.6K $18.09/SF
− OpEx
−$10.1K −$5.43/SF
NOI
$23.5K $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%
$470,800
Cap Rate 7%
$336,286
Cap Rate 9%
$261,556
Alternative Uses
Best Use
Multifamily LT 5
$336.3K
$294.3K – $392.3K
NOI $23,540 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$309.1K
$270.5K – $360.6K
NOI $21,637 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$472.5K
$413.4K – $551.3K
NOI $33,075 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,874
Businesses Nearby
Explore this area
Business Placement
Demographics for 70117, LA
28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature a functional layout with central heating and air conditioning.
Where is this duplex located?
The property is located at 2441 CHARTRES Street New Orleans, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,859 square feet with four bedrooms and two bathrooms; Built in 1917 with cottage‑style architecture; Central heating and central air conditioning
