Duplex with Screened-In
For Sale
$390,000
3722 Nashville Avenue, New Orleans, LA 70125
Duplex with a screened-in porch, raised basement, and an attached accessory unit with a separate entrance.
Days on Market57
Property Features for 3722 Nashville Avenue
General Information
Standard status
Active
Property subtype
Multi Family Home
Building Details
Building Size
2,416 SF
Year Built
1939
Listing Agency:
Crescent City Living, LLC
(504) 975-4252
Listed By:
Leslie Heindel · License #995688679
(504) 975-4252
Source:
Nolalivingrealty
Added: Jun 5
Changed: Jul 30
Last Checked: Jul 30 at 3:45AM
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 Crescent City Living, LLC
Investment Insights
Based on property information with market context.
3722 Nashville Avenue is a duplex-style home with a raised basement that includes an attached accessory unit accessed by a separate entrance. Upstairs, the layout features a screened-in porch, hardwood floors, two bedrooms, and one bathroom, along with period details such as coved ceilings, arched doorways, picture railings, built-ins, crystal doorknobs, and a vintage bathroom. The primary suite includes two closets, and the attic provides additional storage. A deck and yard space add outdoor usability, and all appliances remain.
Built in 1939, the home also includes a number of property improvements and ongoing service items: the roof is from 2019, the sewer line was replaced in 2020, and AC was replaced in 2024. There is a termite contract with Terminix, and an assumable flood insurance policy is available. The utility room includes a mop sink, and off-street parking is provided.
Local dining and nightlife options nearby include El Pavo Real, Felipe's, Robert's Bar, Hey! Cafe, and Elio's Wine Warehouse.
Built in 1939, the home also includes a number of property improvements and ongoing service items: the roof is from 2019, the sewer line was replaced in 2020, and AC was replaced in 2024. There is a termite contract with Terminix, and an assumable flood insurance policy is available. The utility room includes a mop sink, and off-street parking is provided.
Local dining and nightlife options nearby include El Pavo Real, Felipe's, Robert's Bar, Hey! Cafe, and Elio's Wine Warehouse.
Key Highlights
- Screened‑in porch on the upstairs living area
- Raised basement with attached accessory unit and separate entrance
- Roof from 2019
Financial Insights For Multifamily LT 5
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 | $47.8k | $19.80 |
| − Vacancy | −$4.1k | −$1.71 |
| EGI | $43.7k | $18.09 |
| − OpEx | −$13.1k | −$5.43 |
| NOI | $30.6k | $12.66 |
2,416 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$437.0K
$382.4K – $509.9K
NOI $30,593 @ 7.0% cap · market cap 7.84%
Second Best
Apartment 5plus
$401.7K
$351.5K – $468.7K
NOI $28,119 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$614.1K
$537.3K – $716.4K
NOI $42,985 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,026
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 - Duplex with a screened-in porch, raised basement, and an attached accessory unit with a separate entrance.
Where is this duplex located?
The property is located at 3722 Nashville Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Screened‑in porch on the upstairs living area; Raised basement with attached accessory unit and separate entrance; Roof from 2019
