New-Construction
For Sale
$345,000
3110 12 Arts St, New Orleans, LA 70122
Two residential units offer modern finishes, functional layouts, and energy-efficient features.
Property Size2,880 SF
Price / SF$119.79
Days on Market59
Property Features for 3110 12 Arts St
General Information
Standard status
Active
Size
2,880 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
Nola Living Realty
(504) 301-9757
Listed By:
April Brown · License #995705288
(504) 606-0466
Source:
Hospitalityrealty
Added: Aug 22
Changed: Oct 19
Last Checked: Oct 19 at 6:44AM
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 Nola Living Realty
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Investment Insights
Based on property information with market context.
Located at 3110 12 Arts St in New Orleans, this duplex contains 2,880 square feet across two residential units. Completed in 2026, the property features contemporary interior finishes, practical living spaces, and energy-efficient elements.
The two-unit configuration supports either owner occupancy or an investment-oriented residential strategy, with each side designed around comfortable day-to-day use and modern functionality.
The two-unit configuration supports either owner occupancy or an investment-oriented residential strategy, with each side designed around comfortable day-to-day use and modern functionality.
Key Highlights
- 2,880‑square‑foot duplex with two residential units
- Year built: 2026
- Contemporary finishes throughout both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,837
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,740
$596.7K
Cap Rate 7%
$426,243
$426.2K
Cap Rate 9%
$331,522
$331.5K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$46.7K $16.20/SF
− Vacancy
−$4.0K −$1.40/SF
EGI
$42.6K $14.80/SF
− OpEx
−$12.8K −$4.44/SF
NOI
$29.8K $10.36/SF
Area
ZIP 70122
Vacancy
8.64%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,740
Cap Rate 7%
$426,243
Cap Rate 9%
$331,522
Alternative Uses
Best Use
Multifamily LT 5
$426.2K
$373.0K – $497.3K
NOI $29,837 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$370.2K
$324.0K – $432.0K
NOI $25,917 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$753.6K
$659.4K – $879.2K
NOI $52,752 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
Explore this area
Business Placement
Demographics for 70122, LA
34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer modern finishes, functional layouts, and energy-efficient features.
Where is this duplex located?
The property is located at 3110 12 Arts St New Orleans, LA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2,880‑square‑foot duplex with two residential units; Year built: 2026; Contemporary finishes throughout both units
