Brand-New Duplex with
3030 First Street New Orleans, LA 70125
3030 First Street, New Orleans, LA, 70125
$335,000
For Sale
$335,000
New construction duplex with 2-bed, 1.5-bath units, including a front porch and a second-floor balcony.
Property Size1,620 SF
Price / SF$206.79
Days on Market121
Property Features for 3030 First Street
General Information
- Standard status
- Active
- Size
- 1,620 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2026
Listing agency
Congress Realty, Inc.
(888) 881-4118
Listed by
Andrew English · License #0561973
(888) 881-4118
Source
Compass
Added: Mar 23 Updated: Jul 21 at 2:13AM Checked: Jul 21 at 8:13AM
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 Congress Realty, Inc.
Investment Insights
Based on property information with market context.
Brand-new construction duplex offering two distinct unit layouts. Each unit features 2 bedrooms and 1.5 bathrooms. Interior finishes include quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and 10-foot ceilings. Exterior features include a spacious front porch, and one unit offers a second-floor balcony.
The property is located in Uptown and is described as being minutes from I-10, Starbucks, and a quick drive to downtown New Orleans.
For durability and insurance considerations, the structure includes a Fortified roof designed to add enhanced storm protection.
The property is located in Uptown and is described as being minutes from I-10, Starbucks, and a quick drive to downtown New Orleans.
For durability and insurance considerations, the structure includes a Fortified roof designed to add enhanced storm protection.
Key Highlights
- Brand new 2‑story duplex built in 2026 with Central Air and Central heating
- Each unit offers 2 bedrooms and 1.5 bathrooms (4 bedrooms, 4 total bathrooms across the duplex)
- Unit layouts include one single‑story unit and one two‑story unit
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 | $32.1k | $19.80 |
| − Vacancy | −$2.8k | −$1.71 |
| EGI | $29.3k | $18.09 |
| − OpEx | −$8.8k | −$5.43 |
| NOI | $20.5k | $12.66 |
1,620 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$293.0K
$256.4K – $341.9K
NOI $20,513 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$269.4K
$235.7K – $314.3K
NOI $18,855 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$411.8K
$360.3K – $480.4K
NOI $28,823 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - New construction duplex with 2-bed, 1.5-bath units, including a front porch and a second-floor balcony.
Where is this duplex located?
The property is located at 3030 First Street New Orleans, LA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Brand new 2‑story duplex built in 2026 with Central Air and Central heating; Each unit offers 2 bedrooms and 1.5 bathrooms (4 bedrooms, 4 total bathrooms across the duplex); Unit layouts include one single‑story unit and one two‑story unit
