Building Details

Year Built 1933

Listing Agency: Tuxor Realty Show Phone

Listed By: April Brown · License #995705288 Show Phone

Source: Hospitalityrealty

Added: Sep 2 Changed: Oct 4 Last Checked: Oct 4 at 9:04AM

Report an Issue

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.

This duplex at 4412 14 S Carrollton Ave in New Orleans contains 2179 square feet and was built in 1933. The property features high ceilings, original fireplaces in each room, and spacious bedrooms across both units. Its two-unit layout supports an owner-occupant arrangement with the ability to rent the other side.

The property is surrounded by restaurants, shopping, universities, and high schools. Audubon Park and City Park are a few minutes away for outdoor recreation, and the zoo is also nearby. The combination of historic character, substantial interior features, and a flexible two-unit configuration creates a practical residential income property.

Key Highlights

• 2179‑square‑foot duplex built in 1933
• Original fireplaces in each room
• High ceilings throughout the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$27,592

Cap Rate

7.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$551,840 $551.8K

Cap Rate 7%

$394,171 $394.2K

Cap Rate 9%

$306,578 $306.6K

Market Conditions

NOI Build-Up for 2,179 SF

Gross rent

$43.1K $19.80/SF

− Vacancy

−$3.7K −$1.71/SF

EGI

$39.4K $18.09/SF

− OpEx

−$11.8K −$5.43/SF

NOI

$27.6K $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%

$551,840

Cap Rate 7%

$394,171

Cap Rate 9%

$306,578

Alternative Uses

Best Use

Multifamily LT 5

$394.2K

$344.9K – $459.9K (±1% cap)

NOI $27,592 @ 7.0% cap · market cap 7.07%

Second Best

Apartment 5plus

$362.3K

$317.0K – $422.7K (±1% cap)

NOI $25,361 @ 7.0% cap · market cap 6.50%

Theoretical Best

Office A

$570.2K

$498.9K – $665.2K (±1% cap)

NOI $39,912 @ 7.0% cap · market cap 10.23%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Locksmith Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,042

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Two-Unit Duplex with Private Grounds

5909 General Haig St, New Orleans, LA 70124

$419,000

2,232 SF

View details

2020-Built Duplex with Outdoor Space

1905-07 EAGLE Street, New Orleans, LA 70118

$415,000

2,094 SF

View details

Cottage Duplex with Business Space

4021 SAINT CLAUDE Avenue, New Orleans, LA 70117

$420,000

2,299 SF

View details

Modern Duplex with Private Yards

4519 DHEMECOURT Street, New Orleans, LA 70119

$469,000

2,144 SF

View details

Updated Duplex with Private Porches

3605 CALHOUN Street, New Orleans, LA 70125

$315,000

2,200 SF

View details

New Construction Duplex

1435 LESSEPS Street, New Orleans, LA 70117

$339,000

2,267 SF

View details

New Construction Duplex with Fenced Yard

8926 FORSHEY Street, New Orleans, LA 70118

$389,000

2,450 SF

View details

Raised-Basement Duplex with Garage

2616 BURDETTE Street, New Orleans, LA 70125

$416,000

2,422 SF

View details

Contemporary Duplex with Porch

1925 ALABO Street, New Orleans, LA 70117

$349,000

2,398 SF

View details

1915 Duplex with Renovation Opportunity

320 S CORTEZ Street, New Orleans, LA 70119

$275,000

2,200 SF

View details

Historic Two-Unit Duplex

137 39 S Murat St, New Orleans, LA 70119

$530,000

2,128 SF

View details

Duplex with Covered Deck

6885 87 Catina St, New Orleans, LA 70124

$525,000

2,240 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two-unit property with high ceilings and a live-in/rental configuration.

Where is this duplex located?

The property is located at 4412 14 S Carrollton Ave New Orleans, LA.

What is the asking price?

The asking price for this property is $390,000.

What are key features of this property?

This property features: 2179‑square‑foot duplex built in 1933; Original fireplaces in each room; High ceilings throughout the property