Contemporary Duplex with
For Sale
$385,000
3213 TOLEDANO Street, New Orleans, LA 70125
Multifamily, New Orleans, LA
Property Size2,475 SF
Lot Size0.08 Acres
Price / SF$155.56
Days on Market168
Property Features for 3213 TOLEDANO Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Parking
2
Standard status
Active
APN
412402912
Size
2,475 SF
Lot size
0.08 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
SQ 439 LOT 16 TOLEDANO 31X114 OVER 119
Legal Description
SQ 439 LOT 16 TOLEDANO 31X114 OVER 119
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2025
Number of units
2
Building materials
HardiPlank Type
Architectural style
Contemporary
Buildings
1
Listing Agency:
KELLER WILLIAMS REALTY 4550100
(504) 455-0100
Listed By:
Maya V Madison · License #995693263
(504) 517-6292
Added: May 9
Changed: Oct 23
Last Checked: Oct 23 at 10:06PM
MLS# 2556973
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This contemporary duplex, built in 2025, contains 2,475 square feet across two residences, each with three bedrooms and two full bathrooms. Both units feature open-plan living areas, stainless steel appliances, stone countertops, central heating, and central air. The upper residence has a private balcony and 9-foot ceilings; the lower residence has 10-foot ceilings and additional storage. The property is under construction and occupies a 0.0829-acre lot.
A lengthy driveway provides rear off-street parking for two cars. Public water and sewer serve the property, and natural gas is available.
A lengthy driveway provides rear off-street parking for two cars. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- 2,475 square feet on a 0.0829‑acre lot
- Upper unit includes a private balcony and 9‑foot ceilings
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.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
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
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences include modern finishes, open living areas, and rear off-street parking.
Where is this duplex located?
The property is located at 3213 TOLEDANO Street 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: Two residences, each with 3 bedrooms and 2 full bathrooms; 2,475 square feet on a 0.0829‑acre lot; Upper unit includes a private balcony and 9‑foot ceilings
