Duplex with Off-Street
For Sale
$199,000
4401 Eastview Dr, New Orleans, LA 70126
Each residence has three bedrooms and one bathroom, with off-street parking available.
Property Size1,726 SF
Price / SF$115.30
Days on Market12
Property Features for 4401 Eastview Dr
General Information
Standard status
Active
Size
1,726 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Plum Orchard
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
1 Percent Lists
(985) 807-0001
Listed By:
Brandon M Salassi · License #995697146
(504) 239-4016
Source:
Exprealty
Added: Oct 20
Changed: Oct 30
Last Checked: Oct 30 at 3:34PM
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 1 Percent Lists
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each with 3 bedrooms, 1 bathroom, and 863 square feet of living area. The interiors have no carpet, and residents have off-street parking. Both units were recently leased for a 1-year period.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- Each unit contains 863 sq. ft. of living space
- Off‑street parking for residents and guests
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,102
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,040
$282.0K
Cap Rate 7%
$201,457
$201.5K
Cap Rate 9%
$156,689
$156.7K
Market Conditions
NOI Build-Up for 1,726 SF
Gross rent
$22.2K $12.84/SF
− Vacancy
−$2.0K −$1.17/SF
EGI
$20.1K $11.67/SF
− OpEx
−$6.0K −$3.50/SF
NOI
$14.1K $8.17/SF
Area
ZIP 70126
Vacancy
9.10%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,040
Cap Rate 7%
$201,457
Cap Rate 9%
$156,689
Alternative Uses
Best Use
Multifamily LT 5
$201.5K
$176.3K – $235.0K
NOI $14,102 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$194.2K
$169.9K – $226.6K
NOI $13,593 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$452.7K
$396.1K – $528.2K
NOI $31,689 @ 7.0% cap · market cap 15.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
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Business Placement
Demographics for 70126, LA
30,397
Population
12,686
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
87%
High-School Grad
12.1 sq mi
ZIP Area
2,512
Density / Sq Mi
$38,229
Median Household Income
$29,510
Median Earnings
$1,118
Median Rent
$187,300
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 - Each residence has three bedrooms and one bathroom, with off-street parking available.
Where is this duplex located?
The property is located at 4401 Eastview Dr New Orleans, LA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 bathroom; Each unit contains 863 sq. ft. of living space; Off‑street parking for residents and guests
