2-Unit Duplex with Hot
New
For Sale
$550,000
4143-45 Iberville Street, New Orleans, LA 70119
Multifamily, New Orleans, LA
Property Size2,634 SF
Lot Size0.12 Acres
Price / SF$208.81
Days on Market4
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 4, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3
Parking features
Driveway, Off Street
Exterior features
Permeable Paving
Subdivision
Not a Subdivision
Elementary school
opsb.org
Middle school
opsb.org
High school
opsb.org
Elementary school district
Orleans Parish
Middle school district
Orleans Parish
High school district
Orleans Parish
Directions
From Paris Ave. right on Gentilly Blvd. keep right onto De Saix Blvd. left onto Wisner Blvd. right onto Canal St. right onto N. Soloman St. right onto Iberville St.
Standard status
Active
APN
2-06-2-086-11
Size
2,634 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
Sq 557 Pt Lot 3 Iberville 10X135 Lot 4 Iberville 30X135 4143-45 Iberville St
Tax Annual Amount
5508
Legal Description
Sq 557 Pt Lot 3 Iberville 10X135 Lot 4 Iberville 30X135 4143-45 Iberville St
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Water source
Public
Amenities
hot tub
covered entertainment area
storage shed
Building Details
Year built
1920
Number of units
2
Building materials
Wood Siding
Roof type
Shingle
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: Nov 3
Changed: Nov 4
Last Checked: Nov 6 at 9:06AM
MLS# 200JVV
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.
Built in 1920, this 2,634-square-foot duplex contains two residences, each with two bedrooms, one and a half bathrooms, and 12-foot ceilings. The 4143 unit has hardwood floors, quartz counters, a range and hood, beverage cooler, central HVAC, and indoor laundry. The 4145 unit has fresh paint and exterior laundry. Both units have been freshly painted, and sewer and supply lines were replaced in 2015. The property also includes a covered backyard area with a hot tub, a storage shed, and off-street parking on a 0.12-acre lot.
The property is on Iberville Street in New Orleans. City Park is within walking and biking distance, and Canal Street streetcar service provides a connection to the French Quarter. Grocery stores and other everyday services are described as a short distance away.
The property is on Iberville Street in New Orleans. City Park is within walking and biking distance, and Canal Street streetcar service provides a connection to the French Quarter. Grocery stores and other everyday services are described as a short distance away.
Key Highlights
- Two residences, each with 2 bedrooms, 1.5 bathrooms, and 12‑foot ceilings
- 2,634‑square‑foot building on a 0.12‑acre lot
- Sewer and supply lines replaced in 2015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,353
Cap Rate
6.06%
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 6.06%
Second Best
Apartment 5plus
$438.0K
$383.2K – $511.0K
NOI $30,657 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$689.2K
$603.1K – $804.1K
NOI $48,246 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,070
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residences offer separate laundry arrangements, 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 $550,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 1.5 bathrooms, and 12‑foot ceilings; 2,634‑square‑foot building on a 0.12‑acre lot; Sewer and supply lines replaced in 2015
