Duplex with Private
4519 D Hemecourt Street New Orleans, LA 70119
4519 D Hemecourt Street, New Orleans, LA, 70119
$475,000
For Sale
$475,000
Two homes on one lot, each with two bedrooms and 1.5 baths plus private fenced yards.
Property Size2,144 SF
Price / SF$221.55
Days on Market57
Property Features for 4519 D Hemecourt Street
General Information
- Standard status
- Active
- Size
- 2,144 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2015
Listing agency
Engel & Voelkers New Orleans
(504) 906-7428
Listed by
Francesca Brennan · License #912122600
(504) 906-7428
Source
Compass
Added: May 27 Updated: Jul 22 at 7:53AM Checked: Jul 22 at 7:53AM
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 Engel & Voelkers New Orleans
Investment Insights
Based on property information with market context.
This duplex features two separate homes on a single lot, both built in 2015. Each home offers two bedrooms and 1.5 baths with an open-concept layout designed for a clean, modern feel and functional everyday living. The owner’s residence is privately situated at the rear of the property.
Each home includes its own private fenced-in yard. The property sits on an extra-deep lot, providing additional outdoor space and room to consider future use or expansion.
Offered for sale as a two-house setup on one parcel, this configuration can support owner-occupancy with rental income or an investor seeking a property with two distinct residences.
Each home includes its own private fenced-in yard. The property sits on an extra-deep lot, providing additional outdoor space and room to consider future use or expansion.
Offered for sale as a two-house setup on one parcel, this configuration can support owner-occupancy with rental income or an investor seeking a property with two distinct residences.
Key Highlights
- Two homes on one lot, built in 2015
- Each home offers 2 bedrooms and 1.5 baths, with open‑concept floor plans
- Owner’s residence is privately situated at the rear of the property
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 | $42.5k | $19.80 |
| − Vacancy | −$3.7k | −$1.71 |
| EGI | $38.8k | $18.09 |
| − OpEx | −$11.6k | −$5.43 |
| NOI | $27.1k | $12.66 |
2,144 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$387.8K
$339.4K – $452.5K
NOI $27,148 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$356.5K
$311.9K – $415.9K
NOI $24,954 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$561.0K
$490.9K – $654.5K
NOI $39,271 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two homes on one lot, each with two bedrooms and 1.5 baths plus private fenced yards.
Where is this duplex located?
The property is located at 4519 D Hemecourt Street 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: Two homes on one lot, built in 2015; Each home offers 2 bedrooms and 1.5 baths, with open‑concept floor plans; Owner’s residence is privately situated at the rear of the property
