Duplex with Covered Front
For Sale
$365,000
4207 Saint Ann Street, New Orleans, LA 70119
Wood floors, built-in shelving, and connected living and dining spaces retain the property’s historic character.
Property Size1,842 SF
Price / SF$198.15
Days on Market33
Property Features for 4207 Saint Ann Street
General Information
Standard status
Active
Size
1,842 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Mid-City
Additional Details
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Essential Living Realty LLC
(504) 266-0630
Listed By:
Kristen Kennedy VanCourt
(504) 722-8426
Source:
Exprealty
Added: Sep 29
Changed: Oct 30
Last Checked: Oct 30 at 3:53PM
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 Essential Living Realty LLC
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Investment Insights
Based on property information with market context.
This New Orleans duplex features a covered front porch, wood flooring, decorative columns, built-in shelving, and large windows. The living and dining areas connect, with the existing historic details providing a clear picture of the property’s interior character.
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 identified nearby. Neighborhood restaurants, cafés, and shops are part of the surrounding context.
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 identified nearby. Neighborhood restaurants, cafés, and shops are part of the surrounding context.
Key Highlights
- Duplex with a covered front porch
- Wood floors, decorative columns, and built‑in shelving
- Large windows and connected living and dining areas
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,679
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 - Wood floors, built-in shelving, and connected living and dining spaces retain the property’s historic character.
Where is this duplex located?
The property is located at 4207 Saint Ann Street 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: Duplex with a covered front porch; Wood floors, decorative columns, and built‑in shelving; Large windows and connected living and dining areas
