Renovated Uptown
For Sale
$349,500
3912 THALIA Street, New Orleans, LA 70125
Multifamily, New Orleans, LA
Property Size2,054 SF
Price / SF$170.16
Days on Market146
Property Features for 3912 THALIA Street
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
Patio and Porch features
Porch
Standard status
Active
APN
1
Size
2,054 SF
Taxes and HOA fees
Tax Description
SQ 482 LOT 19 THALIA 32' X 111' 10"
Legal Description
SQ 482 LOT 19 THALIA 32' X 111' 10"
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Number of units
2
Building materials
Block, Stucco, Vinyl Siding
Architectural style
Craftsman
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Amber Hines · License #995716810
(201) 341-8733
Added: Jun 1
Changed: Oct 23
Last Checked: Oct 24 at 12:06AM
MLS# 2561352
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 Craftsman-style duplex in Uptown New Orleans contains 2,054 square feet, with six bedrooms and four bathrooms. Recent renovations complement original details including high ceilings, arched hallways, and exposed brick. The property also has central heating and air conditioning, a porch, public water, and public sewer; exterior materials include block, stucco, and vinyl siding.
The property is a few doors from Zony Mash and has views of Five-O-Fore Golf and the Fox 8 building. Downtown, Tulane, Xavier, and University Medical Center are accessible from the location.
The property is a few doors from Zony Mash and has views of Five-O-Fore Golf and the Fox 8 building. Downtown, Tulane, Xavier, and University Medical Center are accessible from the location.
Key Highlights
- Duplex with 2,054 square feet, six bedrooms, and four bathrooms
- Renovations paired with high ceilings, arched hallways, and exposed brick
- Craftsman‑style building constructed in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,009
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,180
$520.2K
Cap Rate 7%
$371,557
$371.6K
Cap Rate 9%
$288,989
$289.0K
Market Conditions
NOI Build-Up for 2,054 SF
Gross rent
$40.7K $19.80/SF
− Vacancy
−$3.5K −$1.71/SF
EGI
$37.2K $18.09/SF
− OpEx
−$11.1K −$5.43/SF
NOI
$26.0K $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%
$520,180
Cap Rate 7%
$371,557
Cap Rate 9%
$288,989
Alternative Uses
Best Use
Multifamily LT 5
$371.6K
$325.1K – $433.5K
NOI $26,009 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$341.5K
$298.8K – $398.4K
NOI $23,906 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$522.1K
$456.8K – $609.1K
NOI $36,544 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,132
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 - The two-unit residence offers six bedrooms, four bathrooms, central heating and air conditioning, and a porch.
Where is this duplex located?
The property is located at 3912 THALIA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: Duplex with 2,054 square feet, six bedrooms, and four bathrooms; Renovations paired with high ceilings, arched hallways, and exposed brick; Craftsman‑style building constructed in 1980
