4200 S DERBIGNY Street, New Orleans, LA 70125
- Added:
- May 12, 2026
- Days on Market:
- 57
- Last Refresh:
- Jul 7 at 12:06 pm
Property Features for 4200 S DERBIGNY Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Garage
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 614342613
- Size
- 2,256 SF
Taxes and HOA fees
- Tax Description
- As Per Title
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Spanish
Listing agent Joey Walker License #995699523 (504) 300-0700
Listing office REVE, REALTORS 4827 Prytania St, New Orleans, LA (504) 300-0700
Listing date May 12, 2026
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.
HighLights
- Broadmoor duplex at 4200‑02 S. Derbigny with 2 units, each featuring 3 bedrooms and 2 full baths
- New roof installed in 2024; both units updated with clean, modern finishes
- Each unit includes central heating and central air, plus indoor laundry
- Laminate wood floors throughout living spaces; kitchens with stone counters and stainless appliances
- Separate meters for each unit and gated off‑street parking in the driveway plus a detached garage
- Upstairs covered balcony with arched framing; lower unit has direct access to the yard
Overview
The lower unit provides an easy, functional flow with direct access to the yard. Exterior amenities include gated, off-street parking in the driveway plus a detached garage, with low-maintenance grounds that include a small courtyard space. The roof was installed in 2024, and separate meters are in place to support straightforward utility management.
This property is a practical fit for an owner-occupant who wants rental income from a second unit or for an investor looking for two updated units with independent utility metering. With modern finishes throughout, indoor laundry in both units, and dedicated parking, it offers a move-in-ready configuration designed for comfortable day-to-day living.
Local 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 | $44.7k | $19.80 |
| − Vacancy | −$3.9k | −$1.71 |
| EGI | $40.8k | $18.09 |
| − OpEx | −$12.2k | −$5.43 |
| NOI | $28.6k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.101356
- Latitude
- 29.941371
