Two-Unit Duplex with
New
For Sale
$250,000
6124 BACCICH Street, New Orleans, LA 70122
Multi-Family, Townhouse, New Orleans, LA
Property Size1,768 SF
Lot Size0.16 Acres
Price / SF$141.40
Days on Market3
Property Features for 6124 BACCICH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street
Patio and Porch features
Porch
Exterior features
Boat/RV Parking, Porch
Lot features
Irregular
Subdivision
Gentilly
Standard status
Active
APN
38W413811
Size
1,768 SF
Lot size
0.16 Acres
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
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
off-street parking
Building Details
Year built
2006
Floors in Building
3
Number of units
2
Roof type
Metal
Architectural style
Other
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Zachary Russell · License #995702384
(504) 493-9770
Added: Oct 8
Last Checked: Oct 10 at 10:06AM
MLS# 2579461
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.
This duplex contains two residences, each arranged with two bedrooms and one and a half bathrooms. The property totals 1,768 square feet on a 0.1568-acre lot. A porch, central heating and air conditioning, public water, and a metal roof are among its features. Off-street parking is available, and the units are separately metered.
Roofing, siding, and AC units were replaced or updated in 2021. The AC units have transferable 10-year warranties. The property is described as close to universities and the lakefront, with nearby amenities.
Roofing, siding, and AC units were replaced or updated in 2021. The AC units have transferable 10-year warranties. The property is described as close to universities and the lakefront, with nearby amenities.
Key Highlights
- Two residences, each with 2 bedrooms and 1.5 bathrooms
- 1,768 square feet on a 0.1568‑acre lot
- Roof, siding, and AC unit updates completed 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.
Property Analytics
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Open Analytics
Current Use
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, one and a half baths, separate metering, and off-street parking.
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 residences, each with 2 bedrooms and 1.5 bathrooms; 1,768 square feet on a 0.1568‑acre lot; Roof, siding, and AC unit updates completed in 2021
