3107 TOULOUSE Street, New Orleans, LA 70119
MULTI_FAMILY - New Orleans, LA
- Added:
- May 1, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 18 at 8:06 pm
Property Features for 3107 TOULOUSE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- APN
- 207202913
- Size
- 2,522 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- SQ 417 LOT 15 TOULOUSE 29X100
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Christian Galvin License #995702954 (504) 208-5688
Listing office Christian Shane Properties 2125 Saint Charles Ave, New Orleans, LA (504) 208-5688
Listing date May 1, 2026
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
- New construction duplex in prime Mid‑City location, steps from Bayou St. John, Lafitte Greenway, and Canal streetcar.
- Each unit features an open floor plan with three en suite bathrooms and quartz countertops.
- Full kitchen appliance package included.
- Front and rear porches plus private balconies with select downtown skyline views.
- Fortified roof, surround sound, and camera systems for enhanced security.
- New home warranties included, offering a turnkey property suitable for owner‑occupancy or investment.
Overview
The property is located at 3107 TOULOUSE Street in New Orleans, LA 70119. The setting is described as being steps from Bayou St. John, the Lafitte Greenway, and the Canal streetcar line, with easy access to nearby dining and neighborhood attractions. Select views toward the downtown skyline are mentioned.
Built for flexibility, the duplex can be used by an owner-occupant or operated as an investment property. With its turnkey condition, included security and entertainment features, and per-unit outdoor space, it suits buyers looking for a modern, self-contained duplex configuration in a walkable, transit-oriented area.
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 | $49.9k | $19.80 |
| − Vacancy | −$4.3k | −$1.71 |
| EGI | $45.6k | $18.09 |
| − OpEx | −$13.7k | −$5.43 |
| NOI | $31.9k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.087967
- Latitude
- 29.972414
