Craftsman Double
8633 S CLAIBORNE Avenue New Orleans, LA 70118
8633 S CLAIBORNE Avenue, New Orleans, LA, 70118
$349,000
For Sale
$349,000
MULTI_FAMILY - New Orleans, LA
Property Size1,735 SF
Lot Size0.10 Acres
Price / SF$201.15
Days on Market12
Property Features for 8633 S CLAIBORNE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 716307220
- Size
- 1,735 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Description
- SQ 339 LOT 9-A S CLAIBORNE 35.86 X 120 32.5 X 120 2 DB & 1 SF 8637-39 S CLAIBORNE
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1932
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Craftsman
Listing Agency
REVE, REALTORS
(504) 300-0700
4827 Prytania St, New Orleans, LA
Listed by
Jamie Hughes · License #000058832
(504) 300-0700
Added: Jul 7 Checked: Jul 18 at 4:06 am
MLS# 2565164
Listing URL
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.
Investment Insights
Based on property information with market context.
This craftsman-style double duplex features original hardwood floors throughout and a newer 2022 roof. Each side is set up with two full baths and laundry facilities, supporting independent living. The home includes a covered rear deck that opens to a yard, along with a detached storage shed for additional outdoor storage.
Located in the Carrollton neighborhood, the property is described as offering convenient access to major destinations across the city. Public remarks note it is less than 15 minutes to the Superdome and less than 10 minutes to Audubon Park and Tulane. The listing also states the property is located in the preferred X zone.
With two full-bath units and laundry on each side, this layout may suit owner-occupants or investors looking for a straightforward duplex configuration. The combination of in-unit amenities, a rear deck, and included outdoor storage can support day-to-day tenant needs, while the updated roof and flood-zone designation are practical considerations for long-term planning.
Located in the Carrollton neighborhood, the property is described as offering convenient access to major destinations across the city. Public remarks note it is less than 15 minutes to the Superdome and less than 10 minutes to Audubon Park and Tulane. The listing also states the property is located in the preferred X zone.
With two full-bath units and laundry on each side, this layout may suit owner-occupants or investors looking for a straightforward duplex configuration. The combination of in-unit amenities, a rear deck, and included outdoor storage can support day-to-day tenant needs, while the updated roof and flood-zone designation are practical considerations for long-term planning.
Key Highlights
- 1932 craftsman double with central heating and window unit cooling
- New 2022 shingle roof
- Original hardwood floors throughout
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 | $34.4k | $19.80 |
| − Vacancy | −$3.0k | −$1.71 |
| EGI | $31.4k | $18.09 |
| − OpEx | −$9.4k | −$5.43 |
| NOI | $22.0k | $12.66 |
1,735 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.8K
$274.6K – $366.2K
NOI $21,969 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$288.5K
$252.4K – $336.6K
NOI $20,193 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$441.0K
$385.9K – $514.5K
NOI $30,869 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with updated roof and original hardwoods, offering two full baths and laundry on each side, plus a covered rear deck.
Where is this duplex located?
The property is located at 8633 S CLAIBORNE Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1932 craftsman double with central heating and window unit cooling; New 2022 shingle roof; Original hardwood floors throughout
