Two-Unit Victorian
For Sale
$375,000
2744 DUMAINE Street, New Orleans, LA 70119
Multifamily, New Orleans, LA
Property Size1,662 SF
Lot Size0.07 Acres
Price / SF$225.63
Days on Market9
Property Features for 2744 DUMAINE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Standard status
Active
APN
701192744DumaineST
Size
1,662 SF
Lot size
0.07 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Description
SQ 356 LOT 8 DUMAINE 29X100
Legal Description
SQ 356 LOT 8 DUMAINE 29X100
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
central air
in-unit laundry
shared backyard
Building Details
Year built
1900
Number of units
2
Building materials
Wood Siding
Architectural style
Victorian
Buildings
1
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Celeste Marshall · License #995686000
(504) 220-8558
Added: Oct 15
Changed: Oct 23
Last Checked: Oct 23 at 1:06PM
MLS# 2581404
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 renovated Victorian duplex contains two separate residences, each configured with two bedrooms and one bathroom. The combined living area is approximately 1,662 square feet. Interior features include Calacatta Gold quartz countertops, central air, and in-unit laundry in both units, along with fresh paint and HVAC improvements. The property also has a newer roof, foundation work, plumbing updates, separate utility metering, and a shared backyard.
Built in 1900, the wood-sided property is located on Dumaine Street in New Orleans, near Esplanade Avenue and the restaurants and shops along Broad Avenue and Bayou St. John. Public water and sewer serve the property, and natural gas is available.
Built in 1900, the wood-sided property is located on Dumaine Street in New Orleans, near Esplanade Avenue and the restaurants and shops along Broad Avenue and Bayou St. John. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Approximately 1,662 square feet of total living area
- Calacatta Gold quartz countertops and in‑unit laundry in both residences
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,733
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include central air, in-unit laundry, and updated kitchen finishes.
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 units, each with 2 bedrooms and 1 bathroom; Approximately 1,662 square feet of total living area; Calacatta Gold quartz countertops and in‑unit laundry in both residences
