Income-Generating Brick
7110-12 Boston Drive New Orleans, LA 70127
7110-12 Boston Drive, New Orleans, LA, 70127
$190,000
Pending
For Sale
$190,000
Pending
Brick double offers two units with ceramic tile, separate laundry/storage rooms, and carports.
Property Size1,300 SF
Days on Market326
Property Features for 7110-12 Boston Drive
General Information
- Standard status
- Pending
- Size
- 1,300 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1975
Listing agency
Compass
(504) 481-3926
Listed by
Hilda Venson-Markey · License #000004419
(504) 481-3926
Source
Compass
Added: Aug 31, 2025 Updated: Jul 20 at 8:40PM Checked: Jul 21 at 6:55AM
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 Compass
Investment Insights
Based on property information with market context.
This income-producing brick duplex features two units: a spacious 3/2 and a 2/1. Interior finishes include ceramic tile. The property also includes separate laundry and storage rooms for added functionality, along with carports.
The property is located at 7110-12 Boston Drive in New Orleans, LA 70127. Please make inquiries through the listing agent regarding the sale.
The property is located at 7110-12 Boston Drive in New Orleans, LA 70127. Please make inquiries through the listing agent regarding the sale.
Key Highlights
- Brick 3/2 and 2/1 double offers two residential units
- 1‑story construction with slab foundation and brick exterior
- Each unit features ceramic tile flooring
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 | $25.7k | $19.80 |
| − Vacancy | −$2.2k | −$1.71 |
| EGI | $23.5k | $18.09 |
| − OpEx | −$7.1k | −$5.43 |
| NOI | $16.5k | $12.66 |
1,300 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.2K
$205.8K – $274.4K
NOI $16,461 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$216.1K
$189.1K – $252.2K
NOI $15,130 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$330.4K
$289.1K – $385.5K
NOI $23,129 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Brick double offers two units with ceramic tile, separate laundry/storage rooms, and carports.
Where is this duplex located?
The property is located at 7110-12 Boston Drive New Orleans, LA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Brick 3/2 and 2/1 double offers two residential units; 1‑story construction with slab foundation and brick exterior; Each unit features ceramic tile flooring
