6727 LOUIS XIV Street, New Orleans, LA 70124
MULTI_FAMILY - New Orleans, LA
- Added:
- Apr 7, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 9 at 7:06 pm
Property Features for 6727 LOUIS XIV Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 206407809
- Size
- 2,623 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- SQ 121 LOTS 17 18 LOUIS 14TH 25X129 EA
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Leslie Heindel License #995688679 (504) 327-5303
Listing office Crescent City Living, LLC 3205 Orleans Avenue, New Orleans, LA (504) 327-5303
Listing date Apr 7, 2026
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
- 1962 duplex with two 2‑bedroom, 1‑bath units, each with wood floors in the living spaces
- Each unit has private laundry and an updated kitchen with pantry space; all appliances remain
- Upgrades include shingle roof (2021), lower AC replaced (2022), upstairs AC (2018), and exterior repainted (2022)
- Upstairs unit includes a sunroom/office space
- Fenced spacious backyard with porch, plus off‑street parking for 3+ cars and a driveway
- Public water; central heat and central air; assumable flood insurance and a termite contract
Overview
Located in New Orleans (70124), the home is described as having a non-shotgun layout and is near Lake and City Park per the remarks. Proximity to area schools is also noted in the offering.
For tenants and buyers, the configuration supports owner-occupancy with rental income potential, with each unit functioning independently through private laundry and dedicated interior layouts. The included appliance package and recent major mechanical and exterior work can simplify move-in readiness, while the backyard and parking help support day-to-day livability for both occupants. The listing also notes an assumable flood insurance policy and an active termite contract.
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 | $51.9k | $19.80 |
| − Vacancy | −$4.5k | −$1.71 |
| EGI | $47.4k | $18.09 |
| − OpEx | −$14.2k | −$5.43 |
| NOI | $33.2k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.108037
- Latitude
- 30.01289
