Duplex with Covered
For Sale
$180,000
4921 EASTVIEW Drive, New Orleans, LA 70126
Multi-Family, Party Wall Double, New Orleans, LA
Property Size1,824 SF
Lot Size0.19 Acres
Price / SF$98.68
Days on Market177
Property Features for 4921 EASTVIEW Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Patio and Porch features
Porch
Exterior features
Porch
Lot features
Regular
Standard status
Active
APN
39W919717
Size
1,824 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
EAST VIEW SQ 10 LOTS 23 24 EAST VIEW 50 X 162 FR SGLE 6/RM A/R
Legal Description
EAST VIEW SQ 10 LOTS 23 24 EAST VIEW 50 X 162 FR SGLE 6/RM A/R
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2006
Floors in Building
1
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed By:
Maya Madison · License #995693263
(504) 517-6292
Added: Apr 14
Changed: Sep 16
Last Checked: Oct 7 at 11:06PM
MLS# 2552830
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.
Built in 2006, this duplex contains 1,824 square feet arranged as two residential units. Each side provides 3 bedrooms and 2 full bathrooms, creating a consistent layout across the property. Both units are currently tenant-occupied. Central heating and central air support year-round comfort, while porches add outdoor space for each residence.
The property sits on a 0.186-acre lot in New Orleans, LA. Additional physical features include driveway parking, a shingle roof, and public water service.
The property sits on a 0.186-acre lot in New Orleans, LA. Additional physical features include driveway parking, a shingle roof, and public water service.
Key Highlights
- Two‑unit property with 1,824 square feet of total property size
- Each side includes 3 bedrooms and 2 full bathrooms
- Both units are currently tenant‑occupied
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
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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 layouts, central HVAC, private driveways, and porch spaces.
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: Two‑unit property with 1,824 square feet of total property size; Each side includes 3 bedrooms and 2 full bathrooms; Both units are currently tenant‑occupied
