Newly Built Duplex
736 S GENOIS Street New Orleans, LA 70119
For Sale
$469,000
MULTI_FAMILY - New Orleans, LA
Property Size2,462 SF
Price / SF$190.50
Days on Market173
Property Features for 736 S GENOIS Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Exterior features
Balcony
Standard status
Active
APN
736-SGENOISST
Size
2,462 SF
Taxes and HOA fees
Tax Description
SQ 702 LOT 1 S GENOIS ST 30' 1" X 140' 9" 736-38 S GENOIS ST
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
Christian Shane Properties
(504) 208-5688
Listed By:
Christian Galvin · License #995718884
(504) 208-5688
Added: Feb 5
Changed: Jun 3
Last Checked: Jul 28 at 3:06PM
MLS# 2541829
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 newly constructed duplex offers a modern, open-concept layout in each unit, designed for comfortable day-to-day living. Each side includes three bedrooms and three full bathrooms, with luxury vinyl plank flooring, quartz countertops, and stainless steel appliances. For convenience, each unit also includes washer and dryer hookups.
The property is located in Mid City, with access to major parts of the metro area including downtown, City Park, and the Fairgrounds. Public transit and recreation options are also nearby, including the Canal Streetcar line and Lafitte Greenway, along with convenient access to I-10. The property is listed in an X Flood Zone, which may help keep insurance costs lower.
As a for-sale income property, the duplex can work well for an owner-occupant who wants to live in one unit while renting the other. Alternatively, it offers a straightforward rental setup with consistent unit configurations and contemporary finishes across both sides. The in-unit washer and dryer hookups support tenant convenience and help maintain day-to-day functionality for either rental strategy.
The property is located in Mid City, with access to major parts of the metro area including downtown, City Park, and the Fairgrounds. Public transit and recreation options are also nearby, including the Canal Streetcar line and Lafitte Greenway, along with convenient access to I-10. The property is listed in an X Flood Zone, which may help keep insurance costs lower.
As a for-sale income property, the duplex can work well for an owner-occupant who wants to live in one unit while renting the other. Alternatively, it offers a straightforward rental setup with consistent unit configurations and contemporary finishes across both sides. The in-unit washer and dryer hookups support tenant convenience and help maintain day-to-day functionality for either rental strategy.
Key Highlights
- Newly constructed 2024 duplex in Mid City
- Each unit features 3 bedrooms and 3 full baths
- Open‑concept layout with luxury vinyl plank flooring and quartz countertops
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 | $48.7k | $19.80 |
| − Vacancy | −$4.2k | −$1.71 |
| EGI | $44.5k | $18.09 |
| − OpEx | −$13.4k | −$5.43 |
| NOI | $31.2k | $12.66 |
2,462 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$445.4K
$389.7K – $519.6K
NOI $31,175 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$409.4K
$358.2K – $477.6K
NOI $28,655 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$644.2K
$563.7K – $751.6K
NOI $45,096 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Newly constructed duplex with two identical 3-bedroom, 3-bath units and modern finishes, offering flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 736 S GENOIS Street New Orleans, LA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Newly constructed 2024 duplex in Mid City; Each unit features 3 bedrooms and 3 full baths; Open‑concept layout with luxury vinyl plank flooring and quartz countertops
