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Contemporary Duplex with Balcony
For Sale
$469,000

736 S GENOIS Street, New Orleans, LA 70119

Multi-Family, Contemporary, New Orleans, LA

Property Size2,462 SF
Price / SF$190.50
Days on Market53

Property Features for 736 S GENOIS Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking features Driveway
Exterior features Balcony
Lot features Regular
Subdivision Mid City
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
Legal 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

Amenities

stainless steel appliances
in-unit washer and dryer hookups

Building Details

Year built 2024
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Contemporary
Listing Agency: Christian Shane Properties
Listed By: Christian Galvin
Added: Aug 28 Changed: Sep 16 Last Checked: Oct 19 at 3:06PM
MLS# 2574676

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.

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Investment Insights

Based on property information with market context.

Completed in 2024, this contemporary duplex contains two residences totaling 2,462 square feet. Each unit offers 3 bedrooms, 3 full bathrooms, an open-concept layout, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, and hookups for an in-unit washer and dryer. A balcony, driveway parking, central heating, central air, public water, and a shingle roof add to the property’s physical features.

The property is located at 736 S GENOIS Street in New Orleans, near Downtown, I-10, universities, City Park, Canal Street streetcar line, and Lafitte Greenway. It is situated in an X Flood Zone.

Key Highlights

  • Two‑unit duplex totaling 2,462 square feet
  • Each residence includes 3 bedrooms and 3 full bathrooms
  • 2024 construction with contemporary architectural style

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,175
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,500 $623.5K
Cap Rate 7%
$445,357 $445.4K
Cap Rate 9%
$346,389 $346.4K
Market Conditions
NOI Build-Up for 2,462 SF
Gross rent
$48.7K $19.80/SF
− Vacancy
−$4.2K −$1.71/SF
EGI
$44.5K $18.09/SF
− OpEx
−$13.4K −$5.43/SF
NOI
$31.2K $12.66/SF
Area
ZIP 70119
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,500
Cap Rate 7%
$445,357
Cap Rate 9%
$346,389

Alternative Uses

Best Use
Multifamily LT 5
$445.4K
$389.7K – $519.6K (±1% cap)
NOI $31,175 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$409.4K
$358.2K – $477.6K (±1% cap)
NOI $28,655 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$644.2K
$563.7K – $751.6K (±1% cap)
NOI $45,096 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,830
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Newly built duplex with two three-bedroom residences, modern finishes, and central heating and cooling.
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: Two‑unit duplex totaling 2,462 square feet; Each residence includes 3 bedrooms and 3 full bathrooms; 2024 construction with contemporary architectural style
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