Two-Unit Duplex with Hot
For Sale
$570,000
4143-45 IBERVILLE Street, New Orleans, LA 70119
Multifamily, New Orleans, LA
Property Size2,634 SF
Price / SF$216.40
Days on Market44
Property Features for 4143-45 IBERVILLE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking
1
Parking features
Off Street, Driveway
Exterior features
Permeable Paving
Elementary school
opsb.org
Middle school
opsb.org, opsb.org
High school
opsb.org
Directions
From Paris Ave. right onto Gentilly Blvd. keep right onto De Saix Blvd. left onto Wisner Blvd. right onto Canal St. right onto N Solomon St. right onto Iberville St.
Standard status
Active
APN
206208611
Size
2,634 SF
Taxes and HOA fees
Tax Description
SQ 557 PT LOT 3 IBERVILLE 10X135 LOT 4 IBERVILLE 30X135 4143-45 IBERVILLE ST
Legal Description
SQ 557 PT LOT 3 IBERVILLE 10X135 LOT 4 IBERVILLE 30X135 4143-45 IBERVILLE ST
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Water source
Public
Amenities
covered entertainment area
hot tub
storage shed
Building Details
Year built
1920
Number of units
2
Building materials
Wood Siding
Architectural style
Cottage
Buildings
1
Listing Agency:
NOLA Real Estate 4-U, LLC
(504) 304-9597
Listed By:
Sandra K Bondi · License #000076943
(504) 858-4136
Added: Sep 12
Changed: Oct 24
Last Checked: Oct 25 at 2:06PM
MLS# 2576694
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.
Built in 1920, this 2,634-square-foot duplex contains two residences, each with two bedrooms and 1.5 baths. Both units have 12-foot ceilings and fresh paint. The 4143 residence includes hardwood floors, quartz counters, a range and vent hood, beverage cooler, central HVAC, and indoor laundry. Laundry for the 4145 unit is located outside. The property also has a covered backyard area with a hot tub, a storage shed, and off-street parking. Sewer and supply lines were replaced in 2015.
The property is in New Orleans’ Mid-City neighborhood, near restaurants, shops, and grocery stores. City Park is within walking and biking distance, and the Canal Street streetcar provides a connection to the French Quarter. The Endymion Parade Route passes nearby.
The property is in New Orleans’ Mid-City neighborhood, near restaurants, shops, and grocery stores. City Park is within walking and biking distance, and the Canal Street streetcar provides a connection to the French Quarter. The Endymion Parade Route passes nearby.
Key Highlights
- Two‑unit duplex with 2,634 square feet
- Each residence has 2 bedrooms, 1.5 baths, and 12‑foot ceilings
- 4143 unit features hardwood floors, quartz counters, beverage cooler, and indoor laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,353
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,060
$667.1K
Cap Rate 7%
$476,471
$476.5K
Cap Rate 9%
$370,589
$370.6K
Market Conditions
NOI Build-Up for 2,634 SF
Gross rent
$52.2K $19.80/SF
− Vacancy
−$4.5K −$1.71/SF
EGI
$47.6K $18.09/SF
− OpEx
−$14.3K −$5.43/SF
NOI
$33.4K $12.66/SF
Area
ZIP 70119
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%
$667,060
Cap Rate 7%
$476,471
Cap Rate 9%
$370,589
Alternative Uses
Best Use
Multifamily LT 5
$476.5K
$416.9K – $555.9K
NOI $33,353 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$438.0K
$383.2K – $511.0K
NOI $30,657 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$689.2K
$603.1K – $804.1K
NOI $48,246 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,070
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
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 - Two residences offer separate laundry arrangements, shared backyard access, and off-street parking.
Where is this duplex located?
The property is located at 4143-45 IBERVILLE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,634 square feet; Each residence has 2 bedrooms, 1.5 baths, and 12‑foot ceilings; 4143 unit features hardwood floors, quartz counters, beverage cooler, and indoor laundry
