Nearly New Duplex with Spacious
8809 EDINBURGH Street New Orleans, LA 70118
New
8809 EDINBURGH Street, New Orleans, LA, 70118
$379,000
For Sale
$379,000
MULTI_FAMILY - New Orleans, LA
Property Size2,332 SF
Lot Size0.08 Acres
Price / SF$162.52
Days on Market3
Property Features for 8809 EDINBURGH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Exterior features
- Balcony, Porch
- Standard status
- Active
- APN
- 716421220
- Size
- 2,332 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 556 LOT 20 EDINBURGH 30 X 120 8809-11 EDINBURGH ST
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
REVE, REALTORS
(504) 300-0700
4827 Prytania St, New Orleans, LA
Listed by
Barbara Bedestani · License #000077688
(504) 300-0700
Added: Jul 15 Checked: Jul 17 at 9:06 am
MLS# 2567815
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.
Well maintained duplex built approximately four years ago, offering two residential units with matching layouts. Each unit provides 3 bedrooms and 2.5 bathrooms, and the property is presented as fully furnished. Interior finishes include quartz counters, stainless steel appliances, crown moulding, and surround sound in the living room. The exterior includes a spacious backyard and off-street parking for two cars.
Located at 8809 Edinburgh Street in New Orleans, Louisiana (70118) in Orleans Parish, the property sits on a 0.0825-acre lot and totals 2,332 square feet.
This configuration supports flexible use as an owner-occupied setup with rental income, or as a hands-on investment purchase presented in move-in-ready condition.
Located at 8809 Edinburgh Street in New Orleans, Louisiana (70118) in Orleans Parish, the property sits on a 0.0825-acre lot and totals 2,332 square feet.
This configuration supports flexible use as an owner-occupied setup with rental income, or as a hands-on investment purchase presented in move-in-ready condition.
Key Highlights
- 2021‑built duplex with central heating and central air (Central Air).
- Each unit features 3 beds and 2.5 baths, with a spacious backyard.
- Includes quartz counters and stainless steel appliances.
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 | $46.2k | $19.80 |
| − Vacancy | −$4.0k | −$1.71 |
| EGI | $42.2k | $18.09 |
| − OpEx | −$12.7k | −$5.43 |
| NOI | $29.5k | $12.66 |
2,332 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$421.8K
$369.1K – $492.2K
NOI $29,529 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$387.7K
$339.3K – $452.4K
NOI $27,142 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$592.7K
$518.6K – $691.5K
NOI $41,490 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex built about four years ago with 3 bedrooms and 2.5 baths per unit, plus off-street parking for two cars.
Where is this duplex located?
The property is located at 8809 EDINBURGH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 2021‑built duplex with central heating and central air (Central Air).; Each unit features 3 beds and 2.5 baths, with a spacious backyard.; Includes quartz counters and stainless steel appliances.
