Duplex with Front
7601-03 Hampson Street New Orleans, LA 70118
7601-03 Hampson Street, New Orleans, LA, 70118
$550,000
For Sale
$550,000
Two-unit duplex with hardwood floors and an oversized arched window, blocks from St. Charles Avenue and Maple Street.
Property Size3,483 SF
Price / SF$157.91
Days on Market48
Property Features for 7601-03 Hampson Street
General Information
- Standard status
- Active
- Size
- 3,483 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1956
Listing Agency
Keller Williams Realty New Orleans
(504) 450-9003
Listed by
Terrence Davis · License #099563347
(504) 450-9003
Source
Compass
Added: Jun 1 Checked: Jul 17 at 3:58 am
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 Keller Williams Realty New Orleans
Investment Insights
Based on property information with market context.
This charming duplex offers classic New Orleans architectural character with hardwood floors throughout. Both units feature spacious living and dining areas with abundant natural light, along with inviting front porches. The upper unit includes an oversized arched window facing the tree-lined street, and both homes provide generous room sizes and flexible layouts to support different living arrangements.
Set in the heart of Uptown on a picturesque, tree-lined street, the property is just one block from St. Charles Avenue and about one block from the shops, restaurants, and cafes of Maple Street. Daily convenience is a strong feature here, with easy walking access to Audubon Park, Tulane University, and Loyola University.
With two separate units and adaptable interiors, this duplex can work well for owner-occupants who want space to live comfortably while keeping the second unit available, as well as for buyers seeking a residential income property. The combination of timeless exterior presence, comfortable interior sizing, and walkable access to major destinations makes it a practical fit for multi-generational living or long-term rental use.
Set in the heart of Uptown on a picturesque, tree-lined street, the property is just one block from St. Charles Avenue and about one block from the shops, restaurants, and cafes of Maple Street. Daily convenience is a strong feature here, with easy walking access to Audubon Park, Tulane University, and Loyola University.
With two separate units and adaptable interiors, this duplex can work well for owner-occupants who want space to live comfortably while keeping the second unit available, as well as for buyers seeking a residential income property. The combination of timeless exterior presence, comfortable interior sizing, and walkable access to major destinations makes it a practical fit for multi-generational living or long-term rental use.
Key Highlights
- 2‑unit duplex with 6 bedrooms and 4 full bathrooms, built in 1956
- Central heating and central air conditioning
- Hardwood floors and spacious living and dining areas in both units
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 | $69.0k | $19.80 |
| − Vacancy | −$6.0k | −$1.71 |
| EGI | $63.0k | $18.09 |
| − OpEx | −$18.9k | −$5.43 |
| NOI | $44.1k | $12.66 |
3,483 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$630.0K
$551.3K – $735.1K
NOI $44,103 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$579.1K
$506.7K – $675.6K
NOI $40,538 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$885.3K
$774.6K – $1.03M
NOI $61,968 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex with hardwood floors and an oversized arched window, blocks from St. Charles Avenue and Maple Street.
Where is this duplex located?
The property is located at 7601-03 Hampson Street New Orleans, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2‑unit duplex with 6 bedrooms and 4 full bathrooms, built in 1956; Central heating and central air conditioning; Hardwood floors and spacious living and dining areas in both units
