Duplex With Screened
5128-30 Conti Street New Orleans, LA 70124
5128-30 Conti Street, New Orleans, LA, 70124
$339,000
For Sale
$339,000
Two-bedroom-and-bath layouts on each side, screened front porch, tankless water heaters, and updated exterior with off-street parking.
Property Size1,542 SF
Price / SF$219.84
Days on Market294
Property Features for 5128-30 Conti Street
General Information
- Standard status
- Active
- Size
- 1,542 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1939
Listing agency
Compass Metro (LATT01)
(504) 982-1071
Listed by
Catherine Tramuta · License #995685237
(504) 982-1071
Source
Compass
Added: Oct 2, 2025 Updated: Jul 21 at 11:48PM Checked: Jul 21 at 11:48PM
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 Compass Metro (LATT01)
Investment Insights
Based on property information with market context.
This duplex features a screened front porch and matching interiors on each side, with a living room, dining room, one bedroom, and one bathroom. Updates include tankless water heaters, real hardwood floors, 9 ft ceilings, and a freshly painted interior.
The exterior has been updated with Hardie Plank siding. Both units are associated with 5128-30 Conti Street, with the tenant side at 5128 Conti St. Please do not knock on the tenants side. The property also offers a spacious garage with a roll-down door for storage or hobbies, plus off-street parking.
The public remarks note that 16 piers were replaced, and that the tenant has been renting for 5 years and pays $1,200 while covering all utilities. Convenience is described as being three blocks from City Park and Bayou St John.
The exterior has been updated with Hardie Plank siding. Both units are associated with 5128-30 Conti Street, with the tenant side at 5128 Conti St. Please do not knock on the tenants side. The property also offers a spacious garage with a roll-down door for storage or hobbies, plus off-street parking.
The public remarks note that 16 piers were replaced, and that the tenant has been renting for 5 years and pays $1,200 while covering all utilities. Convenience is described as being three blocks from City Park and Bayou St John.
Key Highlights
- Double with 2 bedrooms and 2 full bathrooms total; one‑bedroom, one‑bath layout on each side
- Screened front porch and interior features include hardwood floors, 9 ft ceilings, and freshly painted interior
- Tankless water heaters (one per unit) and window unit cooling
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 | $30.5k | $19.80 |
| − Vacancy | −$2.6k | −$1.71 |
| EGI | $27.9k | $18.09 |
| − OpEx | −$8.4k | −$5.43 |
| NOI | $19.5k | $12.66 |
1,542 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$278.9K
$244.1K – $325.4K
NOI $19,526 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$256.4K
$224.3K – $299.1K
NOI $17,947 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$391.9K
$342.9K – $457.3K
NOI $27,435 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-bedroom-and-bath layouts on each side, screened front porch, tankless water heaters, and updated exterior with off-street parking.
Where is this duplex located?
The property is located at 5128-30 Conti 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: Double with 2 bedrooms and 2 full bathrooms total; one‑bedroom, one‑bath layout on each side; Screened front porch and interior features include hardwood floors, 9 ft ceilings, and freshly painted interior; Tankless water heaters (one per unit) and window unit cooling
