Duplex with Private Laundry
For Sale
$217,000
Pending
3008 N CONTI Street, New Orleans, LA 70119
Multifamily, New Orleans, LA
Property Size1,297 SF
Days on Market40
Property Features for 3008 N CONTI Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4
Parking features
Off Street
Patio and Porch features
Porch
Standard status
Pending
APN
206204906
Size
1,297 SF
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Description
SQ 400 LOT 7 CONTI 31X102 3008-10 CONTI ST
Legal Description
SQ 400 LOT 7 CONTI 31X102 3008-10 CONTI ST
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Wall Unit(s), Ductless, Window Unit(s)
Water source
Public
Building Details
Year built
1943
Number of units
2
Building materials
HardiPlank Type, Wood Siding
Architectural style
Craftsman
Buildings
1
Listing Agency:
Realty One Group Immobilia
(504) 405-3211
Listed By:
Darren E Zuppardo · License #000000101
(504) 722-7222
Added: Sep 14
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2577192
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 1,297-square-foot Craftsman duplex, built in 1943, contains two residences with two bedrooms apiece. Each unit has a front living area and kitchen, a centrally located bathroom, and rear bedrooms. Separate laundry rooms connect to the backyard. A full-width front porch and original operable wood windows, solid wood doors, and Craftsman trim are among the property's architectural features. Renovations were completed in 2007, and the roof was replaced in 2021.
The property is one block from the Lafitte Greenway in New Orleans' Mid-City area. Bayou St. John, restaurants, coffee shops, and entertainment venues are also identified in the surrounding area. Utilities are separately metered and paid by tenants. Off-street parking is listed, along with public water and sewer service.
The property is one block from the Lafitte Greenway in New Orleans' Mid-City area. Bayou St. John, restaurants, coffee shops, and entertainment venues are also identified in the surrounding area. Utilities are separately metered and paid by tenants. Off-street parking is listed, along with public water and sewer service.
Key Highlights
- Two residences, each with two bedrooms
- 1,297 square feet; built in 1943
- Renovated in 2007; roof replaced in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,423
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,460
$328.5K
Cap Rate 7%
$234,614
$234.6K
Cap Rate 9%
$182,478
$182.5K
Market Conditions
NOI Build-Up for 1,297 SF
Gross rent
$25.7K $19.80/SF
− Vacancy
−$2.2K −$1.71/SF
EGI
$23.5K $18.09/SF
− OpEx
−$7.0K −$5.43/SF
NOI
$16.4K $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%
$328,460
Cap Rate 7%
$234,614
Cap Rate 9%
$182,478
Alternative Uses
Best Use
Multifamily LT 5
$234.6K
$205.3K – $273.7K
NOI $16,423 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$215.7K
$188.7K – $251.6K
NOI $15,096 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$339.4K
$297.0K – $396.0K
NOI $23,757 @ 7.0% cap · market cap 10.95%
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
2,476
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 - Each residence has two bedrooms, separate utility meters, and a laundry room at the rear.
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 $217,000.
What are key features of this property?
This property features: Two residences, each with two bedrooms; 1,297 square feet; built in 1943; Renovated in 2007; roof replaced in 2021
