Duplex with Original
For Sale
$390,000
4412 S Carrollton Avenue, New Orleans, LA 70119
A 2,179-square-foot residence offers high ceilings and spacious bedrooms across its two sides.
Property Size2,179 SF
Price / SF$178.98
Days on Market115
Property Features for 4412 S Carrollton Avenue
General Information
Standard status
Active
Size
2,179 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Mid-City
Amenities
high ceilings
original fireplaces
Listing Agency:
KELLER WILLIAMS REALTY 4550100
(504) 455-0100
Listed By:
Aurelia M. Montalvo · License #995697674
(504) 615-7451
Source:
Exprealty
Added: Jul 9
Changed: Oct 30
Last Checked: Oct 30 at 2:37PM
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 KELLER WILLIAMS REALTY 4550100
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Investment Insights
Based on property information with market context.
This New Orleans duplex contains 2,179 square feet, with high ceilings, spacious bedrooms, and original fireplaces in each room. Its two-sided layout allows an owner to occupy one side and rent the other.
Audubon Park, City Park, and the zoo are nearby. The surrounding area also includes restaurants, shopping, universities, and high schools.
Audubon Park, City Park, and the zoo are nearby. The surrounding area also includes restaurants, shopping, universities, and high schools.
Key Highlights
- 2,179‑square‑foot duplex with two sides
- Original fireplaces in each room and high ceilings
- Spacious bedrooms
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
NOI $27,592 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$362.3K
$317.0K – $422.7K
NOI $25,361 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$570.2K
$498.9K – $665.2K
NOI $39,912 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A 2,179-square-foot residence offers high ceilings and spacious bedrooms across its two sides.
Where is this duplex located?
The property is located at 4412 S Carrollton Avenue 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: 2,179‑square‑foot duplex with two sides; Original fireplaces in each room and high ceilings; Spacious bedrooms
