Mid-City New Orleans
For Sale
$265,000
4125 D'HEMECOURT Street, New Orleans, LA 70119
MULTI_FAMILY - New Orleans, LA
Property Size1,716 SF
Lot Size0.11 Acres
Price / SF$154.43
Days on Market134
Property Features for 4125 D'HEMECOURT Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Porch
Exterior features
Fence, Porch
Fencing
Fenced
Lot features
Regular
Standard status
Active
APN
105305426
Size
1,716 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
SQ 779 LOT 28 D HEMECOURT 30 4X159 10 4X159 10
Legal Description
SQ 779 LOT 28 D HEMECOURT 30 4X159 10 4X159 10
Utilities
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Gabriella Francescon · License #995706223
(504) 909-4435
Added: Mar 20
Changed: Jul 29
Last Checked: Jul 31 at 1:06PM
MLS# 2548187
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.
Located a half block from Carrollton Avenue in Mid-City, this double offers income potential. The property is near neighborhood establishments such as Mandina's, Angelo Brocato's, and Revel. Each unit features a traditional double parlor layout with natural light, providing flexible living space. Both residences are tenant-occupied and include individual washer and dryer hookups, as well as access to a shared backyard and front porch. Recent updates have been completed. The property is located near City Park, Costco, and Interstate 10, with access to surrounding amenities and major corridors. The property size is 1716 square feet and the lot size is 0.1113 acres.
Key Highlights
- Prime Mid‑City location, half a block from Carrollton Avenue and near popular restaurants like Mandina's and Angelo Brocato's.
- Income‑producing double with tenant‑occupied units.
- Each unit has individual washer/dryer hookups.
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 | $34.0k | $19.80 |
| − Vacancy | −$2.9k | −$1.71 |
| EGI | $31.0k | $18.09 |
| − OpEx | −$9.3k | −$5.43 |
| NOI | $21.7k | $12.66 |
1,716 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.4K
$271.6K – $362.2K
NOI $21,729 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$285.3K
$249.7K – $332.9K
NOI $19,972 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$449.0K
$392.9K – $523.9K
NOI $31,432 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing Mid-City double near Carrollton Avenue.
Where is this duplex located?
The property is located at 4125 D'HEMECOURT Street New Orleans, LA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Prime Mid‑City location, half a block from Carrollton Avenue and near popular restaurants like Mandina's and Angelo Brocato's.; Income‑producing double with tenant‑occupied units.; Each unit has individual washer/dryer hookups.