Historic Two-Unit
For Sale
$459,500
8236 Cohn St, New Orleans, LA 70118
Upper and lower residences feature independent utilities, period details, central air, and indoor laundry hookups.
Property Size2,475 SF
Price / SF$185.66
Days on Market73
Property Features for 8236 Cohn St
General Information
Standard status
Active
Size
2,475 SF
Property subtype
Multi-Family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Amenities
front porch
upstairs balcony
enclosed backyard
washer/dryer hookups
central air/heat
marble kitchen worktops
clawfoot tub
hardwood floors
picture rails
high ceilings
Building Details
Year Built
1896
Year Renovated
2014
Buildings
1
Construction
Victorian
Listing Agency:
Congress Realty, Inc.
Listed By:
Jared English · License #0561973
(888) 881-4118
Source:
Fiorellaavenue
Added: Aug 8
Changed: Oct 11
Last Checked: Oct 19 at 11:35AM
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 Congress Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1896, this historic duplex contains separate upper and lower residences with fully independent utilities. The 2,475-square-foot property retains high ceilings, hardwood floors, picture rails, and a clawfoot tub, while updated features include central air and heat, marble kitchen worktops, and two indoor washer and dryer hookups. Renovation work was completed in 2014, and the roof was replaced in 2022.
Outdoor features include a front porch, an upstairs balcony, and a fully enclosed backyard. A long driveway provides off-street parking for two or more vehicles. The property is located two blocks from the Carrollton-St. Charles streetcar, with Oak Street, restaurants, groceries, and Palmer Park within walking distance. A corner store is one block away, and the property is designated X Flood.
Outdoor features include a front porch, an upstairs balcony, and a fully enclosed backyard. A long driveway provides off-street parking for two or more vehicles. The property is located two blocks from the Carrollton-St. Charles streetcar, with Oak Street, restaurants, groceries, and Palmer Park within walking distance. A corner store is one block away, and the property is designated X Flood.
Key Highlights
- Two‑unit duplex with upper and lower residences and fully independent utilities
- 2,475‑square‑foot property built in 1896
- Renovated in 2014; roof replaced in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,340
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,800
$626.8K
Cap Rate 7%
$447,714
$447.7K
Cap Rate 9%
$348,222
$348.2K
Market Conditions
NOI Build-Up for 2,475 SF
Gross rent
$49.0K $19.80/SF
− Vacancy
−$4.2K −$1.71/SF
EGI
$44.8K $18.09/SF
− OpEx
−$13.4K −$5.43/SF
NOI
$31.3K $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%
$626,800
Cap Rate 7%
$447,714
Cap Rate 9%
$348,222
Alternative Uses
Best Use
Multifamily LT 5
$447.7K
$391.8K – $522.3K
NOI $31,340 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$411.5K
$360.1K – $480.1K
NOI $28,806 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$629.1K
$550.4K – $733.9K
NOI $44,034 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,035
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Upper and lower residences feature independent utilities, period details, central air, and indoor laundry hookups.
Where is this duplex located?
The property is located at 8236 Cohn St New Orleans, LA.
What is the asking price?
The asking price for this property is $459,500.
What are key features of this property?
This property features: Two‑unit duplex with upper and lower residences and fully independent utilities; 2,475‑square‑foot property built in 1896; Renovated in 2014; roof replaced in 2022
