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Mid-City New Orleans Double
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
Listed By: Gabriella Francescon · License #995706223
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 (±1% cap)
NOI $21,729 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$285.3K
$249.7K – $332.9K (±1% cap)
NOI $19,972 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$449.0K
$392.9K – $523.9K (±1% cap)
NOI $31,432 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Garden Center Butcher Carpet & Flooring Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,802
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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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.
More about this property
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