Duplex with Front Display
For Sale
$395,000
4021 SAINT CLAUDE Avenue, New Orleans, LA 70117
Commercial Sale, New Orleans, LA
Property Size2,299 SF
Price / SF$171.81
Days on Market35
Property Features for 4021 SAINT CLAUDE Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
39W208904
Size
2,299 SF
Taxes and HOA fees
Tax Description
SQ 411 LOT F PT 5 AND 6 ST CLAUDE 38 X 117 BR/V/FRT 2/STORES & DBLE 4/R & 7/R A/R (CASA BLANCA INN)
Legal Description
SQ 411 LOT F PT 5 AND 6 ST CLAUDE 38 X 117 BR/V/FRT 2/STORES & DBLE 4/R & 7/R A/R (CASA BLANCA INN)
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Amenities
indoor laundry
Building Details
Year built
1940
Floors in Building
1
Flooring type
Wood
Building materials
Block, Frame
Roof type
Shingle
Listing Agency:
Gulf South Pinnacle Group
(504) 638-6742
Listed By:
Vasiliki S Acosta · License #995689154
(504) 319-6748
Added: Sep 19
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 2577951
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 2,299-square-foot duplex, built in 1940, contains two units with a combined six bedrooms and three bathrooms. The front unit includes a foyer/display area identified for gallery, studio, office, retail, or other business use. Each unit has indoor laundry and a separate water meter. Wood flooring, central heating and air conditioning, and a shingle roof are also present.
The property is commercially zoned and lies in an X flood zone. Public water and sewer serve the building, and natural gas is available.
The property is commercially zoned and lies in an X flood zone. Public water and sewer serve the building, and natural gas is available.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 3 bathrooms across 2,299 square feet
- Front unit includes a foyer/display area for business use
- Indoor laundry and a separate water meter in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,111
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,220
$582.2K
Cap Rate 7%
$415,871
$415.9K
Cap Rate 9%
$323,456
$323.5K
Market Conditions
NOI Build-Up for 2,299 SF
Gross rent
$45.5K $19.80/SF
− Vacancy
−$3.9K −$1.71/SF
EGI
$41.6K $18.09/SF
− OpEx
−$12.5K −$5.43/SF
NOI
$29.1K $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%
$582,220
Cap Rate 7%
$415,871
Cap Rate 9%
$323,456
Alternative Uses
Best Use
Multifamily LT 5
$415.9K
$363.9K – $485.2K
NOI $29,111 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$382.3K
$334.5K – $446.0K
NOI $26,758 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$584.3K
$511.3K – $681.7K
NOI $40,903 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 70117, LA
28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
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 - Commercial zoning and a front-unit display room provide a business-use option alongside the two-unit residential layout.
Where is this duplex located?
The property is located at 4021 SAINT CLAUDE Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 3 bathrooms across 2,299 square feet; Front unit includes a foyer/display area for business use; Indoor laundry and a separate water meter in each unit
