Duplex With Private
4426 South Carrollton Avenue New Orleans, LA 70119
4426 South Carrollton Avenue, New Orleans, LA, 70119
$475,000
For Sale
$475,000
Duplex features a separate layout with 3BD/1.5BA upstairs and 2BD/2BA downstairs, plus gated off-street parking and patio.
Property Size2,436 SF
Price / SF$194.99
Days on Market101
Property Features for 4426 South Carrollton Avenue
General Information
- Standard status
- Active
- Size
- 2,436 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1918
Listing agency
Bridgewater Realty Advisors, LLC
(985) 590-2472
Listed by
Jessica Carter · License #995711610
(985) 590-2472
Source
Compass
Added: Apr 14 Updated: Jul 22 at 5:05PM Checked: Jul 22 at 5:05PM
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 Bridgewater Realty Advisors, LLC
Investment Insights
Based on property information with market context.
This duplex offers a flexible two-level configuration with 3BD/1.5BA upstairs and 2BD/2BA downstairs, including kitchens on both levels. The home has central HVAC upstairs, while the downstairs area is supported by window units. Separate electric and gas meters provide distinct utilities for each level.
Set near the Banks St and S. Carrollton intersection in the Mid City area, the property is also about three blocks from the Canal Street streetcar, supporting convenient access to surrounding destinations.
Outside, the duplex includes gated off-street parking with a gate, along with a private backyard and patio.
Set near the Banks St and S. Carrollton intersection in the Mid City area, the property is also about three blocks from the Canal Street streetcar, supporting convenient access to surrounding destinations.
Outside, the duplex includes gated off-street parking with a gate, along with a private backyard and patio.
Key Highlights
- Duplex with 4 bedrooms and 3 total bathrooms: 3BD/1.5BA upstairs and 2BD/2BA downstairs
- Kitchens on both levels for separate living and rental flexibility
- Central heating upstairs and window units downstairs
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.2k | $19.80 |
| − Vacancy | −$4.2k | −$1.71 |
| EGI | $44.1k | $18.09 |
| − OpEx | −$13.2k | −$5.43 |
| NOI | $30.8k | $12.66 |
2,436 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$440.7K
$385.6K – $514.1K
NOI $30,846 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$405.0K
$354.4K – $472.5K
NOI $28,352 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$637.4K
$557.8K – $743.7K
NOI $44,620 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex features a separate layout with 3BD/1.5BA upstairs and 2BD/2BA downstairs, plus gated off-street parking and patio.
Where is this duplex located?
The property is located at 4426 South Carrollton Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex with 4 bedrooms and 3 total bathrooms: 3BD/1.5BA upstairs and 2BD/2BA downstairs; Kitchens on both levels for separate living and rental flexibility; Central heating upstairs and window units downstairs
