Two-Unit Duplex with Separate
For Sale
$625,000
3717-19 NASHVILLE Avenue, New Orleans, LA 70125
Multifamily, New Orleans, LA
Property Size3,553 SF
Price / SF$175.91
Days on Market96
Property Features for 3717-19 NASHVILLE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6
Parking
3
Parking features
Driveway, Off Street
Patio and Porch features
Porch
Directions
from Uptown, Claiborne Avenue to Nashville. Take a Left on Nashville. Property on the Right.
Standard status
Active
APN
614350309
Size
3,553 SF
Taxes and HOA fees
Tax Description
SQ 114 LOT D NASHVILLE; 55 X 133 OVER 130; 3717-19 NASHVILLE DUP-W
Legal Description
SQ 114 LOT D NASHVILLE; 55 X 133 OVER 130; 3717-19 NASHVILLE DUP-W
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Multi Units
Water source
Public
Building Details
Year built
1940
Number of units
2
Building materials
Brick, HardiPlank Type, Wood Siding
Architectural style
Other
Buildings
1
Listing Agency:
Homesmart Realty South - Metairie · HomeSmart International
(504) 908-7653
Listed By:
Brooke C Andry · License #000058344
(504) 231-2238
Added: Jul 20
Changed: Oct 23
Last Checked: Oct 23 at 6:06PM
MLS# 2563124
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.
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Investment Insights
Based on property information with market context.
This 3,553-square-foot duplex, built in 1940, contains two residences, each with three bedrooms and two bathrooms. The 3717 unit has a living room, dining room, sunroom, updated kitchen, utility room, and central air and heat. Oak flooring extends through its living areas and bedrooms. The 3719 unit includes living and dining rooms, an enclosed porch, an updated kitchen, and a bonus room currently used as a workout room. Its living and bedroom areas have bamboo flooring, and the home has central heating and air conditioning.
Both units have covered access to a large composite rear porch, and each has its own driveway. The property also includes a fenced yard, double-insulated tilt-sash windows, and a roof approximately four years old. Kitchens in both residences have dishwashers and refrigerators with freezers.
Both units have covered access to a large composite rear porch, and each has its own driveway. The property also includes a fenced yard, double-insulated tilt-sash windows, and a roof approximately four years old. Kitchens in both residences have dishwashers and refrigerators with freezers.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 3,553 square feet; built in 1940
- Separate driveways for the two residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,990
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,800
$899.8K
Cap Rate 7%
$642,714
$642.7K
Cap Rate 9%
$499,889
$499.9K
Market Conditions
NOI Build-Up for 3,553 SF
Gross rent
$70.3K $19.80/SF
− Vacancy
−$6.1K −$1.71/SF
EGI
$64.3K $18.09/SF
− OpEx
−$19.3K −$5.43/SF
NOI
$45.0K $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%
$899,800
Cap Rate 7%
$642,714
Cap Rate 9%
$499,889
Alternative Uses
Best Use
Multifamily LT 5
$642.7K
$562.4K – $749.8K
NOI $44,990 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$590.8K
$516.9K – $689.2K
NOI $41,353 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$903.1K
$790.2K – $1.05M
NOI $63,214 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,026
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms and two bathrooms, with individual driveway access.
Where is this duplex located?
The property is located at 3717-19 NASHVILLE Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 3,553 square feet; built in 1940; Separate driveways for the two residences
