Two-Unit Duplex with Gated
4431 GENERAL PERSHING Street, New Orleans, LA 70125
For Sale
$310,000
Multifamily, New Orleans, LA
Property Size1,812 SF
Lot Size0.09 Acres
Price / SF$171.08
Days on Market20
Property Features for 4431 GENERAL PERSHING Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
wood flooring
granite countertops
stainless steel appliances
in-unit washer/dryer
private gated yard
Building Details
Year built
Number of units
Architectural style
Listing Agency:
LeBlanc Realty Group, LLC
Listed By:
Randy K LeBlanc · License #995687173
(504) 416-3737
Added: Oct 20
Changed: Nov 6
Last Checked: Nov 8 at 12:06AM
MLS# 2582375
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 1958 duplex contains two matching residences, each with 2 bedrooms and 1 bathroom. The 1,812-square-foot building has wood flooring, an open kitchen with granite countertops, stainless steel appliances, and its own washer and dryer in each unit. Central heating and air conditioning serve the property, and the shotgun-style building includes a porch.
Both units are tenant-occupied. The property sits on 0.0854 acres and includes a private gated yard. Public water and sewer are available, with natural gas service noted as available.
Both units are tenant-occupied. The property sits on 0.0854 acres and includes a private gated yard. Public water and sewer are available, with natural gas service noted as available.
Key Highlights
- Two matching units, each with 2 bedrooms and 1 bathroom
- 1,812‑square‑foot building on 0.0854 acres
- In‑unit washer and dryer in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,944
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,880
$458.9K
Cap Rate 7%
$327,771
$327.8K
Cap Rate 9%
$254,933
$254.9K
Market Conditions
NOI Build-Up for 1,812 SF
Gross rent
$35.9K $19.80/SF
− Vacancy
−$3.1K −$1.71/SF
EGI
$32.8K $18.09/SF
− OpEx
−$9.8K −$5.43/SF
NOI
$22.9K $12.66/SF
Area
New Orleans, LA
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%
$458,880
Cap Rate 7%
$327,771
Cap Rate 9%
$254,933
Alternative Uses
Best Use
Multifamily LT 5
$327.8K
$286.8K – $382.4K
NOI $22,944 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$301.3K
$263.6K – $351.5K
NOI $21,090 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$460.6K
$403.0K – $537.3K
NOI $32,239 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,087
Businesses Nearby
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Business Placement
Demographics for 70125, LA
17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in New Orleans, LA
Properties on Market for Duplexes in New Orleans
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have matching two-bedroom layouts, in-unit laundry, and access to a shared private outdoor area.
Where is this duplex located?
The property is located at 4431 GENERAL PERSHING Street New Orleans, LA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two matching units, each with 2 bedrooms and 1 bathroom; 1,812‑square‑foot building on 0.0854 acres; In‑unit washer and dryer in both residences
