Renovated Duplex Income
4520 Baudin Street New Orleans, LA 70119
4520 Baudin Street, New Orleans, LA, 70119
$399,000
For Sale
$399,000
Each side offers a newly renovated kitchen, two full tiled bathrooms, and spacious living areas.
Property Size1,804 SF
Price / SF$221.18
Days on Market126
Property Features for 4520 Baudin Street
General Information
- Standard status
- Active
- Size
- 1,804 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1950
Listing agency
Collab Realty, LLC
(504) 400-2507
Listed by
Berry Silver · License #995697159
(504) 400-2507
Source
Compass
Added: Mar 20 Updated: Jul 22 at 7:16AM Checked: Jul 22 at 7:16AM
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 Collab Realty, LLC
Investment Insights
Based on property information with market context.
This renovated duplex features two separate home sides, each with a newly renovated modern kitchen and two full tiled bathrooms. Both units include spacious living areas with a layout designed for everyday living and entertaining. Outdoor space includes a front porch and a large, lush green backyard.
The property is situated in a Mid-City neighborhood of New Orleans, LA.
A buyer can consider the duplex as either an owner-occupied residence or an investment property, with options referenced in the listing including owner financing.
The property is situated in a Mid-City neighborhood of New Orleans, LA.
A buyer can consider the duplex as either an owner-occupied residence or an investment property, with options referenced in the listing including owner financing.
Key Highlights
- Double home with 4 bedrooms and 4 full bathrooms (1 story, entry level 1)
- Each side features a newly renovated modern kitchen
- Each side includes two full tiled bathrooms
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 | $35.7k | $19.80 |
| − Vacancy | −$3.1k | −$1.71 |
| EGI | $32.6k | $18.09 |
| − OpEx | −$9.8k | −$5.43 |
| NOI | $22.8k | $12.66 |
1,804 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$326.3K
$285.5K – $380.7K
NOI $22,843 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$299.9K
$262.5K – $349.9K
NOI $20,996 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$472.1K
$413.1K – $550.7K
NOI $33,044 @ 7.0% cap · market cap 8.28%
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 - Each side offers a newly renovated kitchen, two full tiled bathrooms, and spacious living areas.
Where is this duplex located?
The property is located at 4520 Baudin Street New Orleans, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Double home with 4 bedrooms and 4 full bathrooms (1 story, entry level 1); Each side features a newly renovated modern kitchen; Each side includes two full tiled bathrooms
