New Construction Duplex with
For Sale
$339,000
4763 Pecan Street, New Orleans, LA 70126
Both residences feature central air, heat, quartz finishes, and stainless steel appliances.
Property Size2,886 SF
Days on Market23
Property Features for 4763 Pecan Street
General Information
Standard status
Active
Size
2,886 SF
Property subtype
Multi Family Home
Building Details
Building Size
2,886 SF
Year Built
2025
Stories
1
Tenancy
Multi
Listing Agency:
Berkshire Hathaway Homeservices Preferred, Realtor
(504) 338-5731
Listed By:
Latasha Johnson - Oliver
(504) 338-5731
Source:
Nolalivingrealty
Added: Jul 20
Changed: Aug 11
Last Checked: Aug 11 at 1:28PM
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 Berkshire Hathaway Homeservices Preferred, Realtor
Investment Insights
Based on property information with market context.
Built in 2025, this raised duplex includes two separate residences, each offering three bedrooms and two bathrooms. Interior features include quartz surfaces in the kitchens and bathrooms, tray ceilings, stainless steel appliances, and central air conditioning and heat in both units. Washer and dryer appliances are not included.
The property occupies a corner lot with off-street parking. The second residence is also identified as 7210 Dreux on the deed and in assessor records, providing a separately noted address for the duplex configuration.
The property occupies a corner lot with off-street parking. The second residence is also identified as 7210 Dreux on the deed and in assessor records, providing a separately noted address for the duplex configuration.
Key Highlights
- 2025 construction with two separate residences
- Each unit offers 3 bedrooms and 2 bathrooms
- Quartz finishes in kitchen and bathroom areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,579
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$471,580
$471.6K
Cap Rate 7%
$336,843
$336.8K
Cap Rate 9%
$261,989
$262.0K
Market Conditions
NOI Build-Up for 2,886 SF
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.
Gross rent
$37.1K $12.84/SF
− Vacancy
−$3.4K −$1.17/SF
EGI
$33.7K $11.67/SF
− OpEx
−$10.1K −$3.50/SF
NOI
$23.6K $8.17/SF
Area
ZIP 70126
Vacancy
9.10%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$471,580
Cap Rate 7%
$336,843
Cap Rate 9%
$261,989
Alternative Uses
Best Use
Multifamily LT 5
$336.8K
$294.7K – $393.0K
NOI $23,579 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$324.7K
$284.1K – $378.8K
NOI $22,729 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$757.0K
$662.3K – $883.1K
NOI $52,987 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 70126, LA
30,397
Population
12,686
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
87%
High-School Grad
12.1 sq mi
ZIP Area
2,512
Density / Sq Mi
$38,229
Median Household Income
$29,510
Median Earnings
$1,118
Median Rent
$187,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature central air, heat, quartz finishes, and stainless steel appliances.
Where is this duplex located?
The property is located at 4763 Pecan Street New Orleans, LA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 2025 construction with two separate residences; Each unit offers 3 bedrooms and 2 bathrooms; Quartz finishes in kitchen and bathroom areas
