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Mid-City New Orleans Double

627 S ALEXANDER Street, New Orleans, LA 70119

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For Sale

$385,000

MULTI_FAMILY - New Orleans, LA

Property size:

1,984 SF

Price / SF:

$194/SF

HighLights

Double duplex ideal for owner‑occupant or rental income.
Located in desirable Mid‑City, near Bayou St. John, City Park, and streetcar.
Each unit features 3 bedrooms/1 bath and in‑unit washer/dryer.
Open floor plan with abundant natural light.
Spacious backyard for relaxation and outdoor activities.
Central heating and cooling in both units.

We can help!

Listing Contact

Adrienne LaBauve

For Sale

$385,000

MULTI_FAMILY - New Orleans, LA

Property size:

1,984 SF

Price / SF:

$194/SF

Added:: Mar 19, 2026
Days on Market:: 86
Last Refresh:: Jun 12 at 9:06 am

Property Features for 627 S ALEXANDER Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Exterior features: Fence
Fencing: Fenced
Standard status: Active
APN: 105307803
Size: 1,984 SF

Taxes and HOA fees

Tax Description: SQ 807 LOT 4 ALEXANDER

Utilities

Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1940
Floors in Building: 1
Number of units: 2
Architectural style: Other

We can help!

Listing Contact

Adrienne LaBauve

Listing agent Adrienne LaBauve

Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA

Listing date Mar 19, 2026

MLS# 2545885 Listing URL

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.

HighLights

Double duplex ideal for owner‑occupant or rental income.
Located in desirable Mid‑City, near Bayou St. John, City Park, and streetcar.
Each unit features 3 bedrooms/1 bath and in‑unit washer/dryer.
Open floor plan with abundant natural light.
Spacious backyard for relaxation and outdoor activities.
Central heating and cooling in both units.

Overview

Located in the heart of Mid-City, 627 S Alexander Street is a well-maintained double featuring an open and inviting floor plan with abundant natural light and timeless character throughout. Each side of this multi-family property offers 3 bedrooms and 1 bath. Spacious bedrooms provide comfort and flexibility, while the living and dining areas create an ideal space for entertaining. Each unit includes a washer and dryer. The backyard offers room to relax, garden, or enjoy outdoor gatherings. Situated moments from Bayou St. John, City Park, streetcar access, and many restaurants and cafes. One unit is currently vacant and ready for owner occupancy or a new tenant. The property size is 1984 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$39.3k	$19.80
− Vacancy	−$3.4k	−$1.71
EGI	$35.9k	$18.09
− OpEx	−$10.8k	−$5.43
NOI	$25.1k	$12.66

1,984 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$358.9K

$314.0K – $418.7K (±1% cap)

NOI $25,122 @ 7.0% cap · market cap 6.53%

Second Best

Apartment 5plus

$329.9K

$288.6K – $384.9K (±1% cap)

NOI $23,091 @ 7.0% cap · market cap 6.00%

Theoretical Best

Office A

$519.2K

$454.3K – $605.7K (±1% cap)

NOI $36,341 @ 7.0% cap · market cap 9.44%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: New Orleans
County: Jefferson
State: Louisiana
Longitude: -90.10865
Latitude: 29.972195

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For sale
Duplexes
LA
New Orleans
70119
627 S ALEXANDER Street

What type of property is this?

Duplex - Charming double in Mid-City, near Bayou St. John.

Where is this duplex located?

The property is located at 627 S ALEXANDER Street New Orleans, LA.

What is the asking price?

The asking price for this property is $385,000.

What are key features of this property?

This property features: Double duplex ideal for owner‑occupant or rental income.; Located in desirable Mid‑City, near Bayou St. John, City Park, and streetcar.; Each unit features 3 bedrooms/1 bath and in‑unit washer/dryer.

627 S ALEXANDER Street, New Orleans, LA 70119

MULTI_FAMILY - New Orleans, LA

Property Features for 627 S ALEXANDER Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Canal Street Automotive Investment Opportunity

Mixed-Use Live/Work Building

Gutted Warehouse with Office

Historic Ground-Floor Office Space

Updated Duplex with Off-Street Parking

Turnkey New Construction Duplex

Uptown New Orleans Multi-Family Property

Historic Mixed-Use Building, New Orleans

Mixed-Use Commercial & Residential Property

Renovated Duplex in New Orleans

Restored Victorian Bed & Breakfast

Owner-Occupy Duplex with Sunroom

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