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Craftsman-Style Duplex
For Sale
$265,000

3201 GENERAL TAYLOR Street, New Orleans, LA 70125

Multi-Family, Traditional, New Orleans, LA

Property Size2,065 SF
Price / SF$128.33
Days on Market53

Property Features for 3201 GENERAL TAYLOR Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Lot features Regular
Standard status Active
APN 614359701
Size 2,065 SF

Taxes and HOA fees

Tax Description SQ 7 OR 723 LOT 1 GEN TAYLOR AND S ROMAN 30X120 3201-03 GEN TAYLOR DU-W FILE #95332 1/09 JUDGMENT
Legal Description SQ 7 OR 723 LOT 1 GEN TAYLOR AND S ROMAN 30X120 3201-03 GEN TAYLOR DU-W FILE #95332 1/09 JUDGMENT

Utilities

Cooling system Window Unit(s)
Water source Public

Amenities

washer/dryer connections

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS REALTY 455-0100
Listed By: Darryl Smyly
Added: Aug 28 Changed: Oct 2 Last Checked: Oct 19 at 5:06PM
MLS# 2574610

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.

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Investment Insights

Based on property information with market context.

This Craftsman-style duplex contains 2,065 square feet across two residential units. Each unit offers 3 bedrooms, 2 full baths, vinyl flooring, an open-plan layout, and washer/dryer connections. The property was built in 1950 and includes window-unit cooling, a shingle roof, and public water service. One unit is currently vacant, while the other unit remains occupied.

Positioned on a corner lot in Broadmoor, the property is near the Freret Street corridor and New Orleans uptown parade routes. Its location provides access to surrounding neighborhood amenities and central New Orleans destinations.

Key Highlights

  • 2,065‑square‑foot duplex on a corner lot
  • Each unit has 3 bedrooms and 2 full baths
  • Open‑plan interiors with vinyl flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,034
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,680 $480.7K
Cap Rate 7%
$343,343 $343.3K
Cap Rate 9%
$267,044 $267.0K
Market Conditions
NOI Build-Up for 2,065 SF
Gross rent
$48.1K $23.28/SF
− Vacancy
−$4.4K −$2.12/SF
EGI
$43.7K $21.16/SF
− OpEx
−$19.7K −$9.52/SF
NOI
$24.0K $11.64/SF
Area
New Orleans, LA
Vacancy
9.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,680
Cap Rate 7%
$343,343
Cap Rate 9%
$267,044

Alternative Uses

Best Use
Multifamily LT 5
$373.5K
$326.9K – $435.8K (±1% cap)
NOI $26,148 @ 7.0% cap · market cap 9.87%
Second Best
Apartment 5plus
$343.3K
$300.4K – $400.6K (±1% cap)
NOI $24,034 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$524.9K
$459.3K – $612.3K (±1% cap)
NOI $36,740 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,703
Businesses Nearby

Demographics for 70125, LA

17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot duplex with two open-plan units and washer/dryer connections.
Where is this duplex located?
The property is located at 3201 GENERAL TAYLOR Street New Orleans, LA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 2,065‑square‑foot duplex on a corner lot; Each unit has 3 bedrooms and 2 full baths; Open‑plan interiors with vinyl flooring
More about this property
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