Renovated Duplex with Private
2457 JASMINE Street New Orleans, LA 70122
For Sale
$289,000
MULTI_FAMILY - New Orleans, LA
Property Size1,800 SF
Price / SF$160.56
Days on Market95
Property Features for 2457 JASMINE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Porch, Patio
- Exterior features
- Fence, Outdoor Entertainment Area Beyond Your Average Patio, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 345
- Size
- 1,800 SF
Taxes and HOA fees
- Tax Description
- Edgewood Pk. Sq 38 Pt Lots 54 Pt 53 Pt 55
Utilities
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Architectural style
- Other
Listing Agency:
Homesmart Realty South
(504) 908-7653
Listed By:
Jean Michel · License #000022334
(504) 908-5037
Added: Apr 22
Changed: Jul 11
Last Checked: Jul 25 at 2:06AM
MLS# 2554320
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 renovated duplex offers an owner-occupant-friendly setup with two units, each served by its own driveway. The home includes a front porch and features a very open floorplan designed to create an airy, flexible interior feel. Public remarks indicate substantial recent improvements, including a newer roof and exterior painting, along with additional renovation work.
Located at 2457 Jasmine Street in New Orleans, LA 70122, the property is described as having driveway access for each unit, supporting practical day-to-day use and tenant convenience. The residence is positioned as a straightforward duplex configuration intended to function as two separate living spaces while still presenting a unified exterior.
For buyers looking to live on one side and rent the other, the duplex layout provides a clear split between units and private driveway access. For investors, the same two-unit arrangement and recent exterior and roof updates may help reduce near-term property maintenance concerns. Overall, the combination of renovated condition elements, open interior layouts, and dedicated driveway access for both units makes this duplex a compelling option for income-focused or mixed-use occupancy strategies.
Located at 2457 Jasmine Street in New Orleans, LA 70122, the property is described as having driveway access for each unit, supporting practical day-to-day use and tenant convenience. The residence is positioned as a straightforward duplex configuration intended to function as two separate living spaces while still presenting a unified exterior.
For buyers looking to live on one side and rent the other, the duplex layout provides a clear split between units and private driveway access. For investors, the same two-unit arrangement and recent exterior and roof updates may help reduce near-term property maintenance concerns. Overall, the combination of renovated condition elements, open interior layouts, and dedicated driveway access for both units makes this duplex a compelling option for income-focused or mixed-use occupancy strategies.
Key Highlights
- Each unit has its own driveway.
- Newer roof.
- Great location.
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 | $29.2k | $16.20 |
| − Vacancy | −$2.5k | −$1.40 |
| EGI | $26.6k | $14.80 |
| − OpEx | −$8.0k | −$4.44 |
| NOI | $18.6k | $10.36 |
1,800 SF · lease $16.20/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$266.4K
$233.1K – $310.8K
NOI $18,648 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$231.4K
$202.5K – $270.0K
NOI $16,198 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$471.0K
$412.1K – $549.5K
NOI $32,970 @ 7.0% cap · market cap 11.41%
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 - Renovated duplex with open layouts, newer roof, and a front porch on each side, ideal for owner-occupancy or rental income.
Where is this duplex located?
The property is located at 2457 JASMINE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Each unit has its own driveway.; Newer roof.; Great location.
