Shotgun Duplex with
For Sale
$390,000
4412 S CARROLLTON Avenue, New Orleans, LA 70119
Multifamily, New Orleans, LA
Property Size2,179 SF
Price / SF$178.98
Days on Market107
Property Features for 4412 S CARROLLTON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4
Parking features
Off Street
High school
Jesuit
Standard status
Active
APN
1-05-3-046-31
Size
2,179 SF
Taxes and HOA fees
Tax Description
SQ 759 LOTS 41 A PT 18 & 15 S CARROLLTON 32' X 120' 2. 4412-4414 S CARROLLTON AVE
Legal Description
SQ 759 LOTS 41 A PT 18 & 15 S CARROLLTON 32' X 120' 2. 4412-4414 S CARROLLTON AVE
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Amenities
original fireplaces
high ceilings
Building Details
Year built
1933
Number of units
2
Architectural style
Shotgun
Listing Agency:
KELLER WILLIAMS REALTY 4550100
(504) 455-0100
Listed By:
Aurelia M. Montalvo · License #995697674
(504) 615-7451
Added: Jul 9
Changed: Oct 23
Last Checked: Oct 23 at 5:06PM
MLS# 2567040
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 2,179-square-foot duplex dates to 1933 and features shotgun-style architecture. High ceilings and original fireplaces are present throughout, and the room list includes four bedrooms and two bathrooms. Cooling is provided by window units, with off-street parking available.
The property is in New Orleans, near Audubon Park, City Park, and the zoo. Restaurants, shopping, universities, and high schools are also cited in the surrounding area. Public water and sewer serve the property, and natural gas is available.
The property is in New Orleans, near Audubon Park, City Park, and the zoo. Restaurants, shopping, universities, and high schools are also cited in the surrounding area. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- 2,179 square feet in a duplex configuration
- Built in 1933 with shotgun‑style architecture
- Original fireplaces and high ceilings
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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Location Intelligence
Trade Area within ½ mile
2,042
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes off-street parking and window-unit cooling.
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 feet in a duplex configuration; Built in 1933 with shotgun‑style architecture; Original fireplaces and high ceilings
