4705 IBERVILLE Street, New Orleans, LA 70119
- Added:
- May 14, 2026
- Days on Market:
- 30
- Last Refresh:
- Jun 12 at 12:06 am
Property Features for 4705 IBERVILLE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 206210302
- Size
- 2,309 SF
Taxes and HOA fees
- Tax Description
- SQ 611 LOT 2 IBERVILLE 31X120 4705-07 IBERVILLE ST
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1908
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle, Metal
Listing agent Aaron Dare License #995681183 (504) 899-8666
Listing office Crane Realtors 138 N Cortez Street, New Orleans, LA (504) 210-2014
Listing date May 14, 2026
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use building built in 1908 with central heating and central air
- Commercial unit (4705) with large picture windows and storefront layout suitable for office or retail uses
- Commercial side includes new luxury vinyl plank flooring and bright, open interior with excellent ceiling height
- Adjacent residential unit (4707): 2‑bedroom, 1‑bath shotgun plan with open living and dining at the front
- Residential unit features high ceilings, lots of natural light, and refinished original hardwood floors
- Public water supply; roof includes shingle and metal
Overview
Located in Mid-City, the property is one block off Canal Street, with quick access to I-10. It is near dining and shopping and within the Canal, Carrollton, and Bienville corridors that include the streetcar line, supporting convenient access for residents and storefront customers.
For buyers and tenants seeking flexibility, the layout allows for occupation of one unit while using the other for residential or commercial income. The commercial storefront’s visibility-focused window frontage and open floor plan can accommodate a range of neighborhood services, while the residential unit provides a dedicated living space with established interior character and a straightforward, functional room sequence.
Local Financial Insights For Retail
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 | $53.2k | $23.04 |
| − Vacancy | −$1.1k | −$0.46 |
| EGI | $52.1k | $22.58 |
| − OpEx | −$15.6k | −$6.77 |
| NOI | $36.5k | $15.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.106049
- Latitude
- 29.979994