Victorian Duplex with Updated
New
For Sale
$375,000
2744 DUMAINE Street, New Orleans, LA 70119
Multi-Family, Victorian, New Orleans, LA
Property Size1,662 SF
Lot Size0.07 Acres
Price / SF$225.63
Days on Market3
Property Features for 2744 DUMAINE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Exterior features
Fence
Fencing
Fenced
Lot features
Regular
Subdivision
Mid-City
Standard status
Active
APN
701192744DumaineST
Size
1,662 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Description
SQ 356 LOT 8 DUMAINE 29X100
Legal Description
SQ 356 LOT 8 DUMAINE 29X100
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
central air
in-unit laundry
shared backyard
Building Details
Year built
1900
Floors in Building
1
Number of units
2
Architectural style
Victorian
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Celeste Marshall · License #995686000
(504) 220-8558
Added: Oct 15
Last Checked: Oct 17 at 3:06PM
MLS# 2581404
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.
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Investment Insights
Based on property information with market context.
This Victorian duplex contains two 2-bedroom, 1-bath residences, with 1,662 square feet of total living area. Both units feature central air, in-unit laundry, updated finishes, and Calacatta Gold quartz countertops. Separate utility metering serves the residences, and the property includes a fenced shared backyard.
Built in 1900, the building has had foundation work, plumbing updates, HVAC improvements, interior painting, and a newer roof. It is located near Esplanade Avenue and neighborhood restaurants and shops on Broad and Bayou St. John.
Built in 1900, the building has had foundation work, plumbing updates, HVAC improvements, interior painting, and a newer roof. It is located near Esplanade Avenue and neighborhood restaurants and shops on Broad and Bayou St. John.
Key Highlights
- Two 2‑bedroom, 1‑bath residences
- 1,662 square feet of total living area
- Calacatta Gold quartz countertops and in‑unit laundry in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,045
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,900
$420.9K
Cap Rate 7%
$300,643
$300.6K
Cap Rate 9%
$233,833
$233.8K
Market Conditions
NOI Build-Up for 1,662 SF
Gross rent
$32.9K $19.80/SF
− Vacancy
−$2.8K −$1.71/SF
EGI
$30.1K $18.09/SF
− OpEx
−$9.0K −$5.43/SF
NOI
$21.0K $12.66/SF
Area
ZIP 70119
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%
$420,900
Cap Rate 7%
$300,643
Cap Rate 9%
$233,833
Alternative Uses
Best Use
Multifamily LT 5
$300.6K
$263.1K – $350.8K
NOI $21,045 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$276.3K
$241.8K – $322.4K
NOI $19,344 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$434.9K
$380.5K – $507.4K
NOI $30,443 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,733
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
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 separate residences include central air, in-unit laundry, and a shared fenced backyard.
Where is this duplex located?
The property is located at 2744 DUMAINE 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: Two 2‑bedroom, 1‑bath residences; 1,662 square feet of total living area; Calacatta Gold quartz countertops and in‑unit laundry in each unit
