Spacious Uptown New Orleans
4721 PRYTANIA Street New Orleans, LA 70115
For Sale
$1,499,000
MULTI_FAMILY - New Orleans, LA
Property Size6,412 SF
Lot Size0.15 Acres
Price / SF$233.78
Days on Market182
Property Features for 4721 PRYTANIA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Exterior features
- Balcony, Courtyard, Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 614225404
- Size
- 6,412 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- SQ 364 LOT B PRYTANIA
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1908
- Floors in Building
- 3
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Adrienne LaBauve
(337) 522-7554
Added: Jan 26
Changed: Jun 18
Last Checked: Jul 27 at 4:06AM
MLS# 2535143
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.
Investment Insights
Based on property information with market context.
Located on Prytania Street between Napoleon and Jefferson, this double offers space and privacy in an Uptown location, near Mardi Gras parade routes, restaurants, and shopping. The property features a versatile two-unit layout. The larger unit includes 4 bedrooms and 4.5 baths across three levels, with a sun-filled room off the kitchen suitable for entertaining. The third floor provides a full bath and flexible space for a bedroom, media room, or bonus area. The primary suite has a private balcony overlooking Prytania Street. The second unit offers 3 bedrooms and 2.5 baths, designed so that no bedrooms share walls with the adjoining unit. Both residences include in-unit washer and dryers, expansive kitchens, tall ceilings, hardwood floors, and louvered shutters. Additional features include electric gated parking for multiple vehicles for each unit and a raised basement providing storage. The lot size is 0.1492 acres. The property size is 6412 square feet.
Key Highlights
- Unbeatable Uptown location on Prytania Street, near Mardi Gras routes, restaurants, and shopping.
- Versatile two‑unit layout: a 4 bed/4.5 bath unit and a 3 bed/2.5 bath unit.
- Electric gated parking for multiple vehicles for each unit.
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 | $86.2k | $13.44 |
| − Vacancy | −$7.4k | −$1.16 |
| EGI | $78.7k | $12.28 |
| − OpEx | −$23.6k | −$3.68 |
| NOI | $55.1k | $8.60 |
6,412 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$787.3K
$688.9K – $918.5K
NOI $55,112 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$697.9K
$610.7K – $814.3K
NOI $48,855 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,417 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Rare double in prime Uptown location near parade routes.
Where is this duplex located?
The property is located at 4721 PRYTANIA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Unbeatable Uptown location on Prytania Street, near Mardi Gras routes, restaurants, and shopping.; Versatile two‑unit layout: a 4 bed/4.5 bath unit and a 3 bed/2.5 bath unit.; Electric gated parking for multiple vehicles for each unit.
