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    Multifamily Income Property Title is generated by Realmo AI

    2749 SAINT PETER Street, New Orleans, LA 70119

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    Claim this Listing
    New
    For Sale
    $239,000

    MULTI_FAMILY - New Orleans, LA

    Property size:
    1,303 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $183/SF
    Added:
    Jun 14, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 15 at 5:06 pm

    Property Features for 2749 SAINT PETER Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    207200414
    Size
    1,303 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Description
    SQ 358 LOT 13-B ST PETER 30X57

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Susan Tiblier

    Listing agent Susan Tiblier License #000005548

    Listing office Homesmart Realty South 3131 N I-10 Service Rd, #101, New Orleans, LA

    Listing date Jun 14, 2026

    MLS# 2557731 Listing URL

    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

    • Central heating and central air conditioning
    • Home built in 1940
    • Public water source
    • Shingle roof
    • Located in New Orleans (coordinates provided: -90.08414, 29.971174)
    • Note: buyers should verify local zoning and short‑term rental regulations for Airbnb and similar uses

    Overview

    This for-sale multifamily property is listed as a residential income asset with a total size of 1,303 square feet and a lot size of 0.0393 acres. The listing notes versatile living arrangements, supporting scenarios such as owner occupancy, long-term rental use, or short-term rental possibilities. The property is positioned as a way to own in a character-rich New Orleans setting, with buyers encouraged to confirm local requirements before pursuing any short-term use.

    The property is located at 2749 Saint Peter Street in New Orleans, LA 70119 (Orleans Parish). The listing describes the surrounding area as convenient to dining, entertainment, shopping, and cultural attractions, which may be relevant to tenants and operators considering different rental strategies. Any decision to proceed should also account for local zoning and short-term rental regulations.

    From a tenant and operator standpoint, the asset’s multifamily/residential income framing and the stated flexibility make it worth reviewing if you’re looking for a property that could support either long-term tenancy or short-term rental operations. Because the listing specifically flags the need to verify short-term rental rules, due diligence on zoning and allowable use should be part of your evaluation before committing.

    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 $25.8k $19.80
    − Vacancy −$2.2k −$1.71
    EGI $23.6k $18.09
    − OpEx −$7.1k −$5.43
    NOI $16.5k $12.66
    1,303 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $235.7K
    $206.2K – $275.0K (±1% cap)
    NOI $16,499 @ 7.0% cap · market cap 6.90%
    Second Best
    Apartment 5plus
    $216.6K
    $189.6K – $252.8K (±1% cap)
    NOI $15,165 @ 7.0% cap · market cap 6.35%
    Theoretical Best
    Office A
    $341.0K
    $298.3K – $397.8K (±1% cap)
    NOI $23,867 @ 7.0% cap · market cap 9.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.084138
    Latitude
    29.971174

    FAQs

    What type of property is this?
    Duplex - For-sale multifamily property offering flexible living and rental options in New Orleans, subject to local regulations.
    Where is this duplex located?
    The property is located at 2749 SAINT PETER Street New Orleans, LA.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: Central heating and central air conditioning; Home built in 1940; Public water source
    More about this property
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