Two-Unit
New
For Sale
$199,000
4401 EASTVIEW Drive, New Orleans, LA 70126
Multifamily, 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
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Driveway
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
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1965
Number of units
2
Building materials
Vinyl Siding
Architectural style
Other
Buildings
1
Listing Agency:
1 Percent Lists
(985) 807-0001
Listed By:
Brandon M Salassi · License #995697146
(504) 239-4016
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 2582471
Copyright © 2026 ROAM MLS. 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.
This 1965 duplex contains two units, each with 3 bedrooms, 1 bathroom, and 863 square feet. The interiors have no carpet, and the building features vinyl siding, central heating, and central air conditioning.
A driveway provides off-street parking. The property is served by public water and public sewer. Both units were recently rented under one-year leases.
A driveway provides off-street parking. The property is served by public water and public sewer. Both units were recently rented under one-year leases.
Key Highlights
- Two units, each with 3 bedrooms, 1 bathroom, and 863 square feet
- 1,726 square feet of total property area
- Built in 1965 with vinyl siding
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate driveway parking serves the two residential units.
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 units, each with 3 bedrooms, 1 bathroom, and 863 square feet; 1,726 square feet of total property area; Built in 1965 with vinyl siding
