Uptown New Orleans Duplex
For Sale
$210,000
3309 4TH Street, New Orleans, LA 70125
MULTI_FAMILY - New Orleans, LA
Property Size1,590 SF
Lot Size0.08 Acres
Price / SF$132.08
Days on Market438
Property Features for 3309 4TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Exterior features
Window Screens
Lot features
Regular
Subdivision
Central City North
Standard status
Active
APN
412402703
Size
1,590 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
SQ 437 LOT 3 FOURTH 30X112
Legal Description
SQ 437 LOT 3 FOURTH 30X112
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed By:
Vasha Chevalier · License #0588462
(504) 669-8822
Added: May 20, 2025
Changed: Apr 27
Last Checked: Jul 31 at 10:06AM
MLS# 2502774
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.
Investment Insights
Based on property information with market context.
This charming duplex home is located in the heart of Uptown. The property features two bedrooms and one bathroom on each side. It also includes a spacious fenced-in backyard. The property is centrally located. The lot size is 0.0771 acres, and the property size is 1590 square feet.
Key Highlights
- Duplex home in the heart of Uptown.
- Two units, each with 2 bedrooms and 1 bathroom.
- Spacious fenced‑in backyard.
Financial Insights For Apartment 5plus
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 | $37.0k | $23.28 |
| − Vacancy | −$3.4k | −$2.12 |
| EGI | $33.6k | $21.16 |
| − OpEx | −$15.1k | −$9.52 |
| NOI | $18.5k | $11.64 |
1,590 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.6K
$251.7K – $335.6K
NOI $20,133 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$264.4K
$231.3K – $308.4K
NOI $18,506 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$404.1K
$353.6K – $471.5K
NOI $28,289 @ 7.0% cap · market cap 13.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,467
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Charming duplex in Uptown with spacious fenced backyard.
Where is this duplex located?
The property is located at 3309 4TH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex home in the heart of Uptown.; Two units, each with 2 bedrooms and 1 bathroom.; Spacious fenced‑in backyard.
