Duplex with Covered
For Sale
$365,000
4207 05 Saint Ann St, New Orleans, LA 70119
Wood flooring, built-in shelving, and decorative columns add historic detail to the interior.
Property Size1,842 SF
Price / SF$198.15
Days on Market8
Property Features for 4207 05 Saint Ann St
General Information
Standard status
Active
Size
1,842 SF
Property subtype
Multi-Family
Building Details
Year Built
1940
Listing Agency:
Tuxor Realty
(713) 893-5580
Listed By:
April Brown · License #995705288
(504) 606-0466
Source:
Hospitalityrealty
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 7 at 12:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tuxor Realty
Investment Insights
Based on property information with market context.
Built in 1940, this duplex features a covered front porch and interior details including wood floors, decorative columns, built-in shelving, and large windows. Living and dining areas connect within the layout, providing a defined interior arrangement across the two-unit property.
The property is near City Park and Bayou St. John, with the New Orleans Museum of Art, Besthoff Sculpture Garden, New Orleans Botanical Garden, and Lafitte Greenway also in the surrounding area. Neighborhood restaurants, cafés, and shops are nearby.
The property is near City Park and Bayou St. John, with the New Orleans Museum of Art, Besthoff Sculpture Garden, New Orleans Botanical Garden, and Lafitte Greenway also in the surrounding area. Neighborhood restaurants, cafés, and shops are nearby.
Key Highlights
- Two‑unit duplex built in 1940
- Covered front porch
- Wood floors, decorative columns, and built‑in shelving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,324
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,480
$466.5K
Cap Rate 7%
$333,200
$333.2K
Cap Rate 9%
$259,156
$259.2K
Market Conditions
NOI Build-Up for 1,842 SF
Gross rent
$36.5K $19.80/SF
− Vacancy
−$3.2K −$1.71/SF
EGI
$33.3K $18.09/SF
− OpEx
−$10.0K −$5.43/SF
NOI
$23.3K $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%
$466,480
Cap Rate 7%
$333,200
Cap Rate 9%
$259,156
Alternative Uses
Best Use
Multifamily LT 5
$333.2K
$291.6K – $388.7K
NOI $23,324 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$306.3K
$268.0K – $357.3K
NOI $21,439 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$482.0K
$421.8K – $562.3K
NOI $33,740 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,679
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Wood flooring, built-in shelving, and decorative columns add historic detail to the interior.
Where is this duplex located?
The property is located at 4207 05 Saint Ann St New Orleans, LA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1940; Covered front porch; Wood floors, decorative columns, and built‑in shelving
