2-Unit Duplex with Driveway
New
For Sale
$199,000
4401 EASTVIEW Drive, New Orleans, LA 70126
Multi-Family, Traditional, New Orleans, LA
Property Size1,726 SF
Price / SF$115.30
Days on Market4
Property Features for 4401 EASTVIEW Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Driveway
Lot features
Regular
Standard status
Active
APN
39W918908
Size
1,726 SF
Taxes and HOA fees
Tax Description
SQ 2 East View Lots 13 14 East View Dr 50x162 Dale 3/RM EA C/R
Legal Description
SQ 2 East View Lots 13 14 East View Dr 50x162 Dale 3/RM EA C/R
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
1 Percent Lists
(985) 807-0001
Listed By:
Brandon Salassi
(504) 239-4016
Added: Oct 20
Last Checked: Oct 23 at 12:06AM
MLS# 2582471
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.
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Investment Insights
Based on property information with market context.
Built in 1965, this duplex contains two residences of 863 square feet each, totaling 1,726 square feet. Each side has three bedrooms and one bathroom, and the interior floors are free of carpet. Central heating and central air conditioning serve the building; the roof is shingle, and water is supplied publicly.
A driveway provides off-street parking. Both residences were recently rented on one-year terms.
A driveway provides off-street parking. Both residences were recently rented on one-year terms.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 863 square feet per unit; 1,726 square feet total
- Driveway parking
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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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, one bathroom, and access to off-street parking.
Where is this duplex located?
The property is located at 4401 EASTVIEW Drive 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; 863 square feet per unit; 1,726 square feet total; Driveway parking
