Three-Bedroom
For Sale
$180,000
4921 Eastview Dr, New Orleans, LA 70126
Fully occupied duplex with matching three-bedroom, two-bathroom units.
Property Size1,824 SF
Price / SF$98.68
Days on Market52
Property Features for 4921 Eastview Dr
General Information
Standard status
Active
Size
1,824 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2006
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
Listed By:
Maya Madison · License #995693263
(504) 517-6292
Source:
Dominionplace
Added: Aug 17
Changed: Oct 2
Last Checked: Oct 7 at 2:48PM
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.
This 1,824-square-foot duplex contains two residential units, each configured with three bedrooms and two full bathrooms. The property is fully occupied, with both sides currently leased to tenants.
Located at 4921 Eastview Dr in New Orleans, Louisiana, the asset offers a straightforward two-unit configuration for an investor seeking an occupied multifamily property. Each side provides the same bedroom and bathroom count, creating a consistent layout across the building.
Located at 4921 Eastview Dr in New Orleans, Louisiana, the asset offers a straightforward two-unit configuration for an investor seeking an occupied multifamily property. Each side provides the same bedroom and bathroom count, creating a consistent layout across the building.
Key Highlights
- Two‑unit duplex configuration
- 1,824 square feet
- Each unit has 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,902
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,040
$298.0K
Cap Rate 7%
$212,886
$212.9K
Cap Rate 9%
$165,578
$165.6K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$23.4K $12.84/SF
− Vacancy
−$2.1K −$1.17/SF
EGI
$21.3K $11.67/SF
− OpEx
−$6.4K −$3.50/SF
NOI
$14.9K $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 Rate 5%
$298,040
Cap Rate 7%
$212,886
Cap Rate 9%
$165,578
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 authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
366
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with matching three-bedroom, two-bathroom units.
Where is this duplex located?
The property is located at 4921 Eastview Dr 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: Two‑unit duplex configuration; 1,824 square feet; Each unit has 3 bedrooms and 2 full bathrooms
