New Construction
For Sale
$385,000
3213 15 Toledano St, New Orleans, LA 70125
Both residences include stainless appliances, stone countertops, and open-concept living areas.
Property Size2,475 SF
Price / SF$155.56
Days on Market67
Property Features for 3213 15 Toledano St
General Information
Standard status
Active
Size
2,475 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2025
Buildings
1
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
Listed By:
Maya Madison · License #995693263
(504) 517-6292
Source:
Fiorellaavenue
Added: Aug 5
Changed: Oct 10
Last Checked: Oct 7 at 1:32PM
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 455-0100
Investment Insights
Based on property information with market context.
Completed in 2025, this 2,475-square-foot duplex at 3213 15 Toledano St in New Orleans includes two separately leased residences. Each unit offers three bedrooms, two full bathrooms, contemporary finishes, stainless steel appliances, stone countertops, and an open living arrangement. The layout provides a consistent configuration across both levels while giving each residence distinct features.
The upper unit includes a private balcony and 9-foot ceilings. The lower unit features 10-foot ceilings and additional storage. A long driveway extends to the rear and provides off-street parking for two cars. The property is currently fully leased, with modern interiors and a recently completed construction profile.
The upper unit includes a private balcony and 9-foot ceilings. The lower unit features 10-foot ceilings and additional storage. A long driveway extends to the rear and provides off-street parking for two cars. The property is currently fully leased, with modern interiors and a recently completed construction profile.
Key Highlights
- 2,475‑square‑foot duplex completed in 2025
- Two fully leased residences, each with 3 bedrooms and 2 full baths
- Stainless steel appliances and stone countertops in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,340
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,800
$626.8K
Cap Rate 7%
$447,714
$447.7K
Cap Rate 9%
$348,222
$348.2K
Market Conditions
NOI Build-Up for 2,475 SF
Gross rent
$49.0K $19.80/SF
− Vacancy
−$4.2K −$1.71/SF
EGI
$44.8K $18.09/SF
− OpEx
−$13.4K −$5.43/SF
NOI
$31.3K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,800
Cap Rate 7%
$447,714
Cap Rate 9%
$348,222
Alternative Uses
Best Use
Multifamily LT 5
$447.7K
$391.8K – $522.3K
NOI $31,340 @ 7.0% cap · market cap 8.14%
Second Best
Apartment 5plus
$411.5K
$360.1K – $480.1K
NOI $28,806 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$629.1K
$550.4K – $733.9K
NOI $44,034 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,692
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences include stainless appliances, stone countertops, and open-concept living areas.
Where is this duplex located?
The property is located at 3213 15 Toledano St New Orleans, LA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2,475‑square‑foot duplex completed in 2025; Two fully leased residences, each with 3 bedrooms and 2 full baths; Stainless steel appliances and stone countertops in both units
