Renovated Mid-City Duplex with Separate
3008 N CONTI Street New Orleans, LA 70119
3008 N CONTI Street, New Orleans, LA, 70119
$239,000
For Sale
$239,000
MULTI_FAMILY - New Orleans, LA
Property Size1,297 SF
Price / SF$184.27
Days on Market149
Property Features for 3008 N CONTI Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Exterior features
- Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 206204906
- Size
- 1,297 SF
Taxes and HOA fees
- Tax Description
- SQ 400 LOT 7 CONTI 31X102 3008-10 CONTI ST
Utilities
- Heating system
- Other (Heating), Ductless (Heating)
- Cooling system
- Window Unit(s), Wall Unit(s), Ductless
- Water source
- Public
Building Details
- Year built
- 1943
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Craftsman
Listing Agency
Realty One Group Immobilia
(504) 405-3211
3445 N Causeway Blvd PH 1005, Mandeville, LA
Listed by
Darren Zuppardo · License #00101
(504) 228-6399
Added: Feb 18 Checked: Jul 17 at 9:06 am
MLS# 2543289
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two bedrooms in each unit with a layout designed for comfort and privacy. Both units have a bright living area and kitchen at the front, a centrally positioned bathroom, and two bedrooms toward the rear. Independent laundry rooms extend from the back of each unit and lead into a spacious backyard, along with a full-width front porch. The property has been renovated in 2007 and consistently cared for since, while retaining original operable wood windows, solid wood doors, and classic Craftsman-style trim. A roof replacement was completed in 2021.
Located just one block from the Lafitte Greenway in Mid-City, the property provides convenient access to Bayou St. John and nearby restaurants, coffee shops, and entertainment options. The duplex has separate meters, with utilities paid by tenants. The neighboring property at 3004-06 N. Conti Street is also available for purchase, offering the option to acquire side-by-side properties.
Located just one block from the Lafitte Greenway in Mid-City, the property provides convenient access to Bayou St. John and nearby restaurants, coffee shops, and entertainment options. The duplex has separate meters, with utilities paid by tenants. The neighboring property at 3004-06 N. Conti Street is also available for purchase, offering the option to acquire side-by-side properties.
Key Highlights
- Mid‑City double in Craftsman style, built in 1943
- Two bedrooms in each unit with layout designed for comfort and privacy
- Seperate meters; utilities paid by tenants
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 | $25.7k | $19.80 |
| − Vacancy | −$2.2k | −$1.71 |
| EGI | $23.5k | $18.09 |
| − OpEx | −$7.0k | −$5.43 |
| NOI | $16.4k | $12.66 |
1,297 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$234.6K
$205.3K – $273.7K
NOI $16,423 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$215.7K
$188.7K – $251.6K
NOI $15,096 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$339.4K
$297.0K – $396.0K
NOI $23,757 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex features two bedrooms per unit, separate meters, tenant-paid utilities, and independent laundry rooms.
Where is this duplex located?
The property is located at 3008 N CONTI 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: Mid‑City double in Craftsman style, built in 1943; Two bedrooms in each unit with layout designed for comfort and privacy; Seperate meters; utilities paid by tenants
