Spacious Duplex with 10-Foot
3010-12 Baudin Street New Orleans, LA 70119
For Sale
$289,000
Traditional-layout duplex with 10-foot ceilings, ceiling fans, and energy-efficient double-paned windows, plus a separate laundry room.
Property Size2,239 SF
Price / SF$129.08
Days on Market109
Property Features for 3010-12 Baudin Street
General Information
- Standard status
- Active
- Size
- 2,239 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1952
Listing Agency:
Keller Williams Realty New Orleans
(770) 722-0177
Listed By:
Helaina Simon · License #995706475
(770) 722-0177
Source:
Compass
Added: Apr 6
Changed: Jul 23
Last Checked: Jul 23 at 4:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty New Orleans
Investment Insights
Based on property information with market context.
This spacious duplex features a traditional layout (not a shotgun) with well-proportioned rooms and soaring 10-foot ceilings throughout. The home includes ceiling fans in every room, energy-efficient double-paned windows, and a convenient separate laundry room. It is described as a 4-bedroom, 2-bath double with comfortable, versatile living space.
Located in central New Orleans with easy access to dining, hospitals, and city amenities, the property also offers quick and easy access to I-10. The seller is offering up to $10,000 to replace the roof with an acceptable offer.
From an income and owner-occupant standpoint, the layout is presented as flexible: live in one unit and rent the other, or lease both sides. The potential combined rental income is stated as approximately $3,200 per month.
Located in central New Orleans with easy access to dining, hospitals, and city amenities, the property also offers quick and easy access to I-10. The seller is offering up to $10,000 to replace the roof with an acceptable offer.
From an income and owner-occupant standpoint, the layout is presented as flexible: live in one unit and rent the other, or lease both sides. The potential combined rental income is stated as approximately $3,200 per month.
Key Highlights
- 4‑bedroom, 2‑bath 1‑story double/duplex built in 1952 with a traditional (non‑shotgun) layout
- Soaring 10‑foot ceilings throughout, with ceiling fans in every room
- Energy‑efficient double‑paned windows and central heating and central air
Financial Insights For Apartment 5plus
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 | $52.1k | $23.28 |
| − Vacancy | −$4.7k | −$2.12 |
| EGI | $47.4k | $21.16 |
| − OpEx | −$21.3k | −$9.52 |
| NOI | $26.1k | $11.64 |
2,239 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$405.0K
$354.4K – $472.5K
NOI $28,351 @ 7.0% cap · market cap 9.81%
Second Best
Apartment 5plus
$372.3K
$325.7K – $434.3K
NOI $26,059 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$585.9K
$512.6K – $683.5K
NOI $41,011 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Traditional-layout duplex with 10-foot ceilings, ceiling fans, and energy-efficient double-paned windows, plus a separate laundry room.
Where is this duplex located?
The property is located at 3010-12 Baudin Street New Orleans, LA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 4‑bedroom, 2‑bath 1‑story double/duplex built in 1952 with a traditional (non‑shotgun) layout; Soaring 10‑foot ceilings throughout, with ceiling fans in every room; Energy‑efficient double‑paned windows and central heating and central air
