Duplex with Two 3BR/2BA
4921 Eastview Drive New Orleans, LA 70126
4921 Eastview Drive, New Orleans, LA, 70126
$180,000
For Sale
$180,000
Income-producing duplex with two 3-bedroom, two-bath units; one tenant-occupied and one temporarily vacant.
Property Size1,824 SF
Price / SF$98.68
Days on Market99
Property Features for 4921 Eastview Drive
General Information
- Standard status
- Active
- Size
- 1,824 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2006
Listing agency
KELLER WILLIAMS REALTY 455-0100
(504) 517-6292
Listed by
Maya Madison · License #995693263
(504) 517-6292
Source
Compass
Added: Apr 14 Updated: Jul 20 at 6:37PM Checked: Jul 21 at 6:23AM
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 KELLER WILLIAMS REALTY 455-0100
Investment Insights
Based on property information with market context.
Opportunity awaits with this income-producing duplex at 4921 Eastview Drive in New Orleans, LA. The property features two identical sides, each offering 3 bedrooms and 2 full bathrooms. One unit is currently tenant-occupied, generating $1,400 per month, while the second unit is temporarily vacant for easier showings.
This layout supports straightforward rental operations, whether you’re adding to an existing portfolio or looking to live in one unit while earning income from the other. The current occupancy provides immediate cash flow, and with both units fully occupied, the property is described as capable of producing approximately $2,800 per month in total rental income.
This layout supports straightforward rental operations, whether you’re adding to an existing portfolio or looking to live in one unit while earning income from the other. The current occupancy provides immediate cash flow, and with both units fully occupied, the property is described as capable of producing approximately $2,800 per month in total rental income.
Key Highlights
- Income‑producing duplex with two 3‑bedroom, 2‑full‑bath units
- One unit is tenant‑occupied generating $1,400 per month; second unit is temporarily vacant for easy showings
- Estimated total rental income potential of approximately $2,800 per month when fully occupied
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 | $23.4k | $12.84 |
| − Vacancy | −$2.1k | −$1.17 |
| EGI | $21.3k | $11.67 |
| − OpEx | −$6.4k | −$3.50 |
| NOI | $14.9k | $8.17 |
1,824 SF · lease $12.84/SF/yr · vacancy 9.10% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$212.9K
$186.3K – $248.4K
NOI $14,902 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$205.2K
$179.6K – $239.4K
NOI $14,365 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$478.4K
$418.6K – $558.2K
NOI $33,489 @ 7.0% cap · market cap 18.61%
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 - Income-producing duplex with two 3-bedroom, two-bath units; one tenant-occupied and one temporarily vacant.
Where is this duplex located?
The property is located at 4921 Eastview Drive New Orleans, LA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Income‑producing duplex with two 3‑bedroom, 2‑full‑bath units; One unit is tenant‑occupied generating $1,400 per month; second unit is temporarily vacant for easy showings; Estimated total rental income potential of approximately $2,800 per month when fully occupied
