Historic Duplex with Screened
8009-13 Nelson Street New Orleans, LA 70125
For Sale
$410,000
Fully furnished historic duplex with screened porch, updated plumbing and appliances, and deeded backyard access.
Property Size2,274 SF
Price / SF$180.30
Days on Market321
Property Features for 8009-13 Nelson Street
General Information
- Standard status
- Active
- Size
- 2,274 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1920
Listing Agency:
Keller Williams Realty Services
(985) 981-9283
Listed By:
Michelle Gonzalez · License #995697968
(985) 981-9283
Source:
Compass
Added: Sep 6, 2025
Changed: Jul 23
Last Checked: Jul 23 at 7:42AM
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 Services
Investment Insights
Based on property information with market context.
This fully furnished, historic duplex features original hardwood floors and has been freshly painted throughout. Updates include plumbing, duct work, and appliances, with a private screened-in porch for outdoor relaxation. The property also includes a large shed and an oversized backyard with deeded access from Short St.
The home offers plenty of parking and is located in preferred flood zone X. It is currently configured as a duplex, with the option described to convert to a single-family home or live on one side and rent the other.
A licensed realtor is required to view the property.
The home offers plenty of parking and is located in preferred flood zone X. It is currently configured as a duplex, with the option described to convert to a single-family home or live on one side and rent the other.
A licensed realtor is required to view the property.
Key Highlights
- 4‑bedroom duplex with 2 full bathrooms in a 2‑story historic home built in 1920
- Original hardwood floors with freshly painted interior
- Central air and central heating
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 | $45.0k | $19.80 |
| − Vacancy | −$3.9k | −$1.71 |
| EGI | $41.1k | $18.09 |
| − OpEx | −$12.3k | −$5.43 |
| NOI | $28.8k | $12.66 |
2,274 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$411.4K
$359.9K – $479.9K
NOI $28,795 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$378.1K
$330.8K – $441.1K
NOI $26,467 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$578.0K
$505.7K – $674.3K
NOI $40,458 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully furnished historic duplex with screened porch, updated plumbing and appliances, and deeded backyard access.
Where is this duplex located?
The property is located at 8009-13 Nelson Street New Orleans, LA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 4‑bedroom duplex with 2 full bathrooms in a 2‑story historic home built in 1920; Original hardwood floors with freshly painted interior; Central air and central heating
