New Construction Duplex with
2405-07 FELICIANA Street New Orleans, LA 70117
For Sale
$349,900
MULTI_FAMILY - New Orleans, LA
Property Size2,187 SF
Lot Size0.08 Acres
Price / SF$159.99
Days on Market77
Property Features for 2405-07 FELICIANA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Active
- APN
- 39W607601
- Size
- 2,187 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 1311 LOTS 1 2 FELICIANA AND N ROCHEBLAVE 60X117 2/ST SGLE 6-APTS 3/RMS EA SGLE 5/RMS A/R
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Other
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed By:
John McCann · License #995704833
(504) 669-8822
Added: May 8
Changed: Jun 2
Last Checked: Jul 23 at 8:06PM
MLS# 2555969
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.
New construction duplex offered as a side-by-side two-unit property designed for both lifestyle comfort and rental appeal. Each unit features three bedrooms and two full bathrooms with an open-concept living layout, modern finishes, and abundant natural light. Exterior features include a covered front porch for the downstairs unit, plus a front porch and a private balcony for the upstairs unit. The home is equipped for easy move-in, with a range, microwave hood, and stackable washer and dryer included in each unit. Additional durability considerations include a FORTIFIED roof, and the property also offers a 10-year warranty on the A/C.
The duplex is located at 2405-07 Feliciana Street in New Orleans (70117). The seller notes an adjacent new construction double is available for purchase as part of a package deal, which may appeal to buyers looking to add multiple income-producing units.
This setup is well-suited for an owner-occupant who wants to live in one unit while offsetting expenses with rental income, or for investors seeking a straightforward, turnkey duplex with consistent, easily marketable layouts across both units.
The duplex is located at 2405-07 Feliciana Street in New Orleans (70117). The seller notes an adjacent new construction double is available for purchase as part of a package deal, which may appeal to buyers looking to add multiple income-producing units.
This setup is well-suited for an owner-occupant who wants to live in one unit while offsetting expenses with rental income, or for investors seeking a straightforward, turnkey duplex with consistent, easily marketable layouts across both units.
Key Highlights
- New construction duplex built in 2026 with central heating and central air conditioning
- Each unit has 3 bedrooms and 2 full bathrooms with open‑concept living areas
- Upstairs unit includes a front porch and private balcony with skyline views of the Crescent City Connection
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 | $43.3k | $19.80 |
| − Vacancy | −$3.7k | −$1.71 |
| EGI | $39.6k | $18.09 |
| − OpEx | −$11.9k | −$5.43 |
| NOI | $27.7k | $12.66 |
2,187 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$395.6K
$346.2K – $461.6K
NOI $27,693 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$363.6K
$318.2K – $424.2K
NOI $25,454 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$555.9K
$486.4K – $648.5K
NOI $38,910 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turnkey two-unit income property with modern interiors, in-unit laundry, and covered outdoor living spaces.
Where is this duplex located?
The property is located at 2405-07 FELICIANA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: New construction duplex built in 2026 with central heating and central air conditioning; Each unit has 3 bedrooms and 2 full bathrooms with open‑concept living areas; Upstairs unit includes a front porch and private balcony with skyline views of the Crescent City Connection
