Duplex with Historic
For Sale
$475,000
2109 COLUMBUS Street, New Orleans, LA 70119
Multi-Family, Arts and Crafts, New Orleans, LA
Property Size2,572 SF
Price / SF$184.68
Days on Market29
Property Features for 2109 COLUMBUS Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Porch
Exterior features
Fence, Porch
Fencing
Fenced
Lot features
Irregular
Standard status
Active
APN
37W202102
Size
2,572 SF
Taxes and HOA fees
Tax Description
SQ 1044 LOT PT A
Legal Description
SQ 1044 LOT PT A
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
brick fireplaces
hardwood floors
tall ceilings
front porch
fenced yard
in-unit washers and dryers
off-street parking
Building Details
Year built
1931
Floors in Building
1
Number of units
2
Roof type
Asphalt, Shingle
Architectural style
Other
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Adrienne LaBauve
(504) 344-0877
Added: Sep 7
Changed: Sep 16
Last Checked: Oct 5 at 2:06PM
MLS# 2575448
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 well-maintained duplex contains 2,572 square feet with a five-bedroom, four-bathroom layout divided between a 3-bedroom, 2-bathroom unit and a 2-bedroom, 2-bathroom unit. Both residences feature tall ceilings, hardwood floors, brick fireplaces, wood trim, updated bathrooms, central heating and cooling, and in-unit washers and dryers. Open kitchen, dining, and living areas support comfortable daily use, while the front porch and fenced yard add usable outdoor space.
Built in 1931, the property has an asphalt shingle roof and access to public water. A key lot provides off-street parking, and the home is located near the Fairgrounds, City Park, restaurants, and cafes. The configuration supports separate residential occupancy within a single multifamily property.
Built in 1931, the property has an asphalt shingle roof and access to public water. A key lot provides off-street parking, and the home is located near the Fairgrounds, City Park, restaurants, and cafes. The configuration supports separate residential occupancy within a single multifamily property.
Key Highlights
- 2,572‑square‑foot duplex with 5 bedrooms and 4 full baths
- Unit mix includes one 3BR/2BA residence and one 2BR/2BA residence
- Both units include in‑unit washers and dryers, central air, and central heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,568
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,360
$651.4K
Cap Rate 7%
$465,257
$465.3K
Cap Rate 9%
$361,867
$361.9K
Market Conditions
NOI Build-Up for 2,572 SF
Gross rent
$50.9K $19.80/SF
− Vacancy
−$4.4K −$1.71/SF
EGI
$46.5K $18.09/SF
− OpEx
−$14.0K −$5.43/SF
NOI
$32.6K $12.66/SF
Area
ZIP 70119
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%
$651,360
Cap Rate 7%
$465,257
Cap Rate 9%
$361,867
Alternative Uses
Best Use
Multifamily LT 5
$465.3K
$407.1K – $542.8K
NOI $32,568 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$427.6K
$374.2K – $498.9K
NOI $29,935 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$673.0K
$588.9K – $785.2K
NOI $47,111 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,287
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer flexible living arrangements, private outdoor space, and off-street parking in New Orleans.
Where is this duplex located?
The property is located at 2109 COLUMBUS Street New Orleans, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,572‑square‑foot duplex with 5 bedrooms and 4 full baths; Unit mix includes one 3BR/2BA residence and one 2BR/2BA residence; Both units include in‑unit washers and dryers, central air, and central heating
