Search
Two-Unit Duplex with Separate Meters
For Sale
$345,000

2472 VIENNA Street, New Orleans, LA 70122

Multifamily, New Orleans, LA

Property Size2,595 SF
Lot Size0.16 Acres
Price / SF$132.95
Days on Market75

Property Features for 2472 VIENNA Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 3
Parking 2
Parking features Driveway, Off Street
Standard status Active
APN 38W411509
Size 2,595 SF
Lot size 0.16 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity, water

Taxes and HOA fees

Tax Description SQ 4662 LOT 9 77 X 89 2472-74 VIENNA & ARTS ST DBLE 5/RMS EACH A/R
Legal Description SQ 4662 LOT 9 77 X 89 2472-74 VIENNA & ARTS ST DBLE 5/RMS EACH A/R

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

in-unit laundry

Building Details

Year built 2015
Number of units 2
Building materials Frame, HardiPlank Type
Architectural style Contemporary
Buildings 1
Listing Agency: REVE, REALTORS
Listed By: Celeste Marshall · License #995686000
Added: Aug 10 Changed: Oct 23 Last Checked: Oct 23 at 3:06PM
MLS# 2571192

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.

Rey
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.

Built in 2015, this contemporary duplex contains two residences with a combined 2,595 square feet. Each unit has three bedrooms, two bathrooms, in-unit laundry and storage. One unit has been freshly painted and is ready for occupancy; the other is leased. Separate electric and water meters serve the units, and off-street parking is available. The building is raised approximately seven feet above grade.

The property occupies a 0.1573-acre lot on Vienna Street in New Orleans. Public water and sewer serve the site. Frame and HardiPlank Type construction, central heating and central air complete the property’s documented features.

Key Highlights

  • Two units, each with 3 bedrooms and 2 bathrooms
  • 2,595 square feet; built in 2015
  • One freshly painted unit is ready for occupancy; the second unit is leased

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,885
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,700 $537.7K
Cap Rate 7%
$384,071 $384.1K
Cap Rate 9%
$298,722 $298.7K
Market Conditions
NOI Build-Up for 2,595 SF
Gross rent
$42.0K $16.20/SF
− Vacancy
−$3.6K −$1.40/SF
EGI
$38.4K $14.80/SF
− OpEx
−$11.5K −$4.44/SF
NOI
$26.9K $10.36/SF
Area
ZIP 70122
Vacancy
8.64%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,700
Cap Rate 7%
$384,071
Cap Rate 9%
$298,722

Alternative Uses

Best Use
Multifamily LT 5
$384.1K
$336.1K – $448.1K (±1% cap)
NOI $26,885 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$333.6K
$291.9K – $389.2K (±1% cap)
NOI $23,353 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$679.0K
$594.2K – $792.2K (±1% cap)
NOI $47,532 @ 7.0% cap · market cap 13.78%
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

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby

Demographics for 70122, LA

34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, in-unit laundry and dedicated utility meters.
Where is this duplex located?
The property is located at 2472 VIENNA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,595 square feet; built in 2015; One freshly painted unit is ready for occupancy; the second unit is leased
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved