Shotgun Duplex with Backyard
For Sale
$425,000
420 S BERNADOTTE Street, New Orleans, LA 70119
Multifamily, New Orleans, LA
Property Size1,927 SF
Price / SF$220.55
Days on Market26
Property Features for 420 S BERNADOTTE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1
Parking features
Driveway, Off Street
Patio and Porch features
Porch
Standard status
Active
APN
420-SBERNADOTTEST
Size
1,927 SF
Taxes and HOA fees
Tax Description
SQ 830 LOT F OR 24 SOUTH 2. BERNADOTTE 34 6X159 10 3. (5514 SQ FT) 4. 420-22 SO BERNADOTTE
Legal Description
SQ 830 LOT F OR 24 SOUTH 2. BERNADOTTE 34 6X159 10 3. (5514 SQ FT) 4. 420-22 SO BERNADOTTE
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Multi Units
Water source
Public
Amenities
covered front porch
vaulted ceiling
fireplace
backyard
deck
Building Details
Year built
1926
Number of units
2
Building materials
HardiPlank Type
Architectural style
Shotgun
Buildings
3
Listing Agency:
Cool Murphy, LLC
(504) 321-3194
Listed By:
Darcie B Braai · License #995713036
(504) 723-5079
Added: Sep 28
Changed: Oct 23
Last Checked: Oct 23 at 2:06PM
MLS# 2578857
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.
This 1926 shotgun duplex at 420 S Bernadotte Street contains two residences, each with two bedrooms and one bathroom, plus a renovated backyard accessory dwelling. The front home features a covered porch, wood flooring, a vaulted ceiling, French doors, and a fireplace. The other residence has wood floors, large windows, and a kitchen. Structural and foundation work, the roof, and HVAC systems have been upgraded. HardiPlank-type siding, central heating and air conditioning, and driveway and off-street parking are also listed among the property features.
The property is in New Orleans’ Mid-City area, with City Park, Bayou St. John, neighborhood restaurants, and the Canal streetcar identified nearby. The backyard includes a deck beside the cottage. The two primary residences and separate accessory space provide three distinct structures on the property.
The property is in New Orleans’ Mid-City area, with City Park, Bayou St. John, neighborhood restaurants, and the Canal streetcar identified nearby. The backyard includes a deck beside the cottage. The two primary residences and separate accessory space provide three distinct structures on the property.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Renovated backyard accessory dwelling; three structures total
- 1926 construction; shotgun architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,401
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,020
$488.0K
Cap Rate 7%
$348,586
$348.6K
Cap Rate 9%
$271,122
$271.1K
Market Conditions
NOI Build-Up for 1,927 SF
Gross rent
$38.2K $19.80/SF
− Vacancy
−$3.3K −$1.71/SF
EGI
$34.9K $18.09/SF
− OpEx
−$10.5K −$5.43/SF
NOI
$24.4K $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%
$488,020
Cap Rate 7%
$348,586
Cap Rate 9%
$271,122
Alternative Uses
Best Use
Multifamily LT 5
$348.6K
$305.0K – $406.7K
NOI $24,401 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$320.4K
$280.4K – $373.8K
NOI $22,428 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$504.2K
$441.2K – $588.3K
NOI $35,296 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,290
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences are accompanied by a renovated accessory dwelling in the backyard.
Where is this duplex located?
The property is located at 420 S BERNADOTTE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Renovated backyard accessory dwelling; three structures total; 1926 construction; shotgun architectural style
