Updated Duplex with Off-Street
For Sale
$250,000
6124 BACCICH Street, New Orleans, LA 70122
Multifamily, New Orleans, LA
Property Size1,768 SF
Lot Size0.16 Acres
Price / SF$141.40
Days on Market18
Property Features for 6124 BACCICH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1
Parking features
RV, Off Street
Patio and Porch features
Porch
Lot features
Irregular Lot
Directions
https://maps.app.goo.gl/KUA8Nj6jtfrbyieY9
Standard status
Active
APN
38W413811
Size
1,768 SF
Lot size
0.16 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Description
SQ 4879 LOT M-8 53/26-27 X 100-54/154 6124-26 BACCICH ST DBLE 8/RMS A/R
Legal Description
SQ 4879 LOT M-8 53/26-27 X 100-54/154 6124-26 BACCICH ST DBLE 8/RMS A/R
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2006
Number of units
2
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Zachary L Russell · License #995702384
(504) 493-9770
Added: Oct 8
Changed: Oct 23
Last Checked: Oct 25 at 6:06PM
MLS# 2579461
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,768-square-foot duplex sits on a 0.1568-acre lot and includes two units, each with two bedrooms. Improvements completed in 2021 include a roof, siding, and air-conditioning units; the AC units have transferable 10-year warranties. The property also has a porch, central heating and cooling, and off-street parking.
Public water and sewer serve the property. The shared backyard and separate utility metering are additional features of the two-unit configuration.
Public water and sewer serve the property. The shared backyard and separate utility metering are additional features of the two-unit configuration.
Key Highlights
- Two units, each with 2 bedrooms
- 1,768 square feet on a 0.1568‑acre lot
- Roof, siding, and AC units updated in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,317
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,340
$366.3K
Cap Rate 7%
$261,671
$261.7K
Cap Rate 9%
$203,522
$203.5K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$28.6K $16.20/SF
− Vacancy
−$2.5K −$1.40/SF
EGI
$26.2K $14.80/SF
− OpEx
−$7.9K −$4.44/SF
NOI
$18.3K $10.36/SF
Area
ZIP 70122
Vacancy
8.64%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,340
Cap Rate 7%
$261,671
Cap Rate 9%
$203,522
Alternative Uses
Best Use
Multifamily LT 5
$261.7K
$229.0K – $305.3K
NOI $18,317 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$227.3K
$198.9K – $265.2K
NOI $15,910 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$462.6K
$404.8K – $539.7K
NOI $32,384 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 70122, LA
34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
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
Frequently Asked Questions
What type of property is this?
Duplex - The two units have separate meters and share an expansive backyard.
Where is this duplex located?
The property is located at 6124 BACCICH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms; 1,768 square feet on a 0.1568‑acre lot; Roof, siding, and AC units updated in 2021
