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Duplex with In-Law Suite

6021 Canal Boulevard, New Orleans, LA 70124

For Sale
$649,000

Mirrored upper-level layouts sit above two distinct lower-level spaces, including a suite with a bedroom and food-preparation area.

Property Size4,600 SF
Price / SF$141.09
Days on Market96

Property Features for 6021 Canal Boulevard

General Information

Standard status Active
Size 4,600 SF
Property subtype Multi Family Home

Site & Location

Neighborhood Lakeview

Additional Details

Multifamily Units 2

Amenities

gas lighting
Cat 6 ethernet
stackable washer/dryer
front porch
stainless steel appliances
granite counter tops

Building Details

Building Size 4,600 SF
Year Built 1962
Units 2
Construction brick camelback
Listing Agency: Burk Brokerage, LLC
Listed By: Elise M Burk Glennon
Source: Cypresskeyrealty
Added: Aug 4 Changed: Nov 7 Last Checked: Nov 7 at 1:36PM

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 Burk Brokerage, LLC

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Investment Insights

Based on property information with market context.

This 4,600-square-foot brick duplex, built in 1962, combines matching middle and upper-level plans at 6021 and 6025 Canal Boulevard with two differently arranged lower sections. The upper floors include bedrooms, bathrooms, oak flooring and stairs. Both middle-level units feature open kitchen, dining and living areas, with granite counters, a seating island, stainless steel appliances and a gas range. One lower section offers a bedroom, bathroom, walk-in closet and a great room with a built-in Murphy bed and food-preparation area. The other has a bathroom, walk-in closet and access to a 20 x 8 storage shed with a garage door. Front porches serve both addresses, and the building has three full-size stackable washer/dryers, Cat 6 wiring with two outlets per room, and off-street parking for three or four cars depending on vehicle size.

The property has a new 2026 GAG roof with a Gold Pledge Warranty. Lighting includes recessed fixtures and sconces, with dimmers noted throughout the upper-level areas and on ceiling fans.

Key Highlights

  • 4,600 SF brick duplex built in 1962
  • Matching middle and upper‑level layouts at 6021 and 6025 Canal Boulevard
  • New 2026 GAG roof with Gold Pledge Warranty

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,247
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,940 $1.2M
Cap Rate 7%
$832,100 $832.1K
Cap Rate 9%
$647,189 $647.2K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$91.1K $19.80/SF
− Vacancy
−$7.9K −$1.71/SF
EGI
$83.2K $18.09/SF
− OpEx
−$25.0K −$5.43/SF
NOI
$58.2K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,940
Cap Rate 7%
$832,100
Cap Rate 9%
$647,189

Alternative Uses

Best Use
Multifamily LT 5
$832.1K
$728.1K – $970.8K (±1% cap)
NOI $58,247 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$764.8K
$669.2K – $892.3K (±1% cap)
NOI $53,539 @ 7.0% cap · market cap 8.25%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,842 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

Demographics for 70124, LA

22,777
Population
8,919
Households
2.6
Avg Household Size
37
Median Age
70%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,400
Density / Sq Mi
$121,318
Median Household Income
$66,323
Median Earnings
$1,752
Median Rent
$577,800
Median Home Value

Market

Average Price Trend$/SF for Duplexes in New Orleans, LA

$168 Jul
$167 Aug
$169 Sep
$167 Oct

Properties on Market for Duplexes in New Orleans

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Mirrored upper-level layouts sit above two distinct lower-level spaces, including a suite with a bedroom and food-preparation area.
Where is this duplex located?
The property is located at 6021 Canal Boulevard New Orleans, LA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 4,600 SF brick duplex built in 1962; Matching middle and upper‑level layouts at 6021 and 6025 Canal Boulevard; New 2026 GAG roof with Gold Pledge Warranty
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