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Craftsman Duplex with Porches
For Sale
$499,000
Pending

7601 HAMPSON Street, New Orleans, LA 70118

Multifamily, New Orleans, LA

Property Size3,483 SF
Days on Market33

Property Features for 7601 HAMPSON Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6
Patio and Porch features Porch
Lot features Corner Lot
Standard status Pending
APN 7601-HAMPSONST
Size 3,483 SF

Taxes and HOA fees

Tax Description 1. SQ 80 LOT 13 HAMPSON & 2. HILLARY 30 X 100 3. 7601-03 HAMPSON
Legal Description 1. SQ 80 LOT 13 HAMPSON & 2. HILLARY 30 X 100 3. 7601-03 HAMPSON

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1910
Number of units 2
Building materials Stucco, Wood Siding
Architectural style Craftsman
Listing Agency: Keller Williams Realty NO
Listed By: Terrence A Davis · License #099563347
Added: Sep 21 Changed: Oct 23 Last Checked: Oct 23 at 3:06PM
MLS# 2578185

Copyright © 2026 ROAM MLS. 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.

This 3,483-square-foot Craftsman duplex was built in 1910 and contains two residences. Interior details include hardwood floors, spacious living and dining areas, and an oversized arched window in the upper unit. Front porches extend the living areas outdoors, while central heating and central air serve the property. Stucco and wood siding are among the exterior materials.

The property is one block from St. Charles Avenue and one block from the shops, restaurants, and cafes on Maple Street. Audubon Park, Tulane University, and Loyola University are also within walking distance. Public water and sewer serve the property, and natural gas is available.

Key Highlights

  • Two‑unit Craftsman duplex with 3,483 square feet
  • Built in 1910
  • Front porches and an oversized arched window in the upper residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,103
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,060 $882.1K
Cap Rate 7%
$630,043 $630.0K
Cap Rate 9%
$490,033 $490.0K
Market Conditions
NOI Build-Up for 3,483 SF
Gross rent
$69.0K $19.80/SF
− Vacancy
−$6.0K −$1.71/SF
EGI
$63.0K $18.09/SF
− OpEx
−$18.9K −$5.43/SF
NOI
$44.1K $12.66/SF
Area
New Orleans, LA
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%
$882,060
Cap Rate 7%
$630,043
Cap Rate 9%
$490,033

Alternative Uses

Best Use
Multifamily LT 5
$630.0K
$551.3K – $735.1K (±1% cap)
NOI $44,103 @ 7.0% cap · market cap 8.84%
Second Best
Apartment 5plus
$579.1K
$506.7K – $675.6K (±1% cap)
NOI $40,538 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$885.3K
$774.6K – $1.03M (±1% cap)
NOI $61,968 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,453
Businesses Nearby

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
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 - Two residences offer hardwood flooring, central heating and cooling, and flexible interior layouts.
Where is this duplex located?
The property is located at 7601 HAMPSON Street New Orleans, LA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit Craftsman duplex with 3,483 square feet; Built in 1910; Front porches and an oversized arched window in the upper residence
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