2472-74 VIENNA Street, New Orleans, LA 70122
MULTI_FAMILY - New Orleans, LA
- Added:
- May 8, 2026
- Days on Market:
- 61
- Last Refresh:
- Jul 7 at 6:06 pm
Property Features for 2472-74 VIENNA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 38W411509
- Size
- 2,595 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- SQ 4662 LOT 9 77 X 89 2472-74 VIENNA & ARTS ST DBLE 5/RMS EACH A/R
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2015
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Contemporary
Listing agent Celeste Marshall License #995686000 (504) 300-0700
Listing office REVE, REALTORS 4827 Prytania St, New Orleans, LA (504) 300-0700
Listing date May 8, 2026
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.
HighLights
- Well‑maintained 2015‑built contemporary duplex with 2 units, each featuring 3 bedrooms and 2 bathrooms
- In‑unit laundry, generous storage, and independent bedroom layouts in both units
- Separate electric and water meters for each unit
- Off‑street parking with driveway access
- Central heating and central A/C; public water and shingle roof
- Raised construction approximately 7 feet above grade (per remarks) to support lower flood insurance costs
Overview
Located in the Milneburg/Gentilly area of New Orleans, the property offers convenience to the lakefront corridor, UNO, and major commuter routes. The raised construction and upkeep-friendly design elements are intended to help support long-term maintenance considerations.
The layout is suited for renters seeking larger floor plans, with two distinct 3-bedroom options in a single, maintained asset. With separate meters and in-unit laundry for both sides, the configuration can reduce shared utility friction and support day-to-day operational ease. When fully occupied, updated gross monthly rents are reported as $3,500.
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 | $42.0k | $16.20 |
| − Vacancy | −$3.6k | −$1.40 |
| EGI | $38.4k | $14.80 |
| − OpEx | −$11.5k | −$4.44 |
| NOI | $26.9k | $10.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.054138
- Latitude
- 30.020089
