Side-by-Side Duplex with
2330-32 North Claiborne Avenue New Orleans, LA 70117
2330-32 North Claiborne Avenue, New Orleans, LA, 70117
$260,000
For Sale
$260,000
Two side-by-side units feature separate driveways and private yards for each residence.
Property Size1,764 SF
Price / SF$147.39
Days on Market609
Property Features for 2330-32 North Claiborne Avenue
General Information
- Standard status
- Active
- Size
- 1,764 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1960
Listing agency
The Pellerin Group NOLA LLC
(504) 628-7723
Listed by
Nicole Pellerin · License #995704017
(504) 628-7723
Source
Compass
Added: Nov 20, 2024 Updated: Jul 21 at 2:55AM Checked: Jul 21 at 2:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Pellerin Group NOLA LLC
Investment Insights
Based on property information with market context.
This side-by-side duplex offers a two-unit setup with each residence having its own separate driveway and private yard. The property is configured to support independent day-to-day use between the two sides.
Located on North Claiborne Avenue, a major thoroughfare in New Orleans, the address provides convenient access to interstates and bus lines, with downtown and nearby destinations reached in minutes. The property is also positioned for a range of residential income uses.
The building’s duplex format and separate exterior spaces make it practical for tenants seeking privacy while keeping ownership and management straightforward.
Located on North Claiborne Avenue, a major thoroughfare in New Orleans, the address provides convenient access to interstates and bus lines, with downtown and nearby destinations reached in minutes. The property is also positioned for a range of residential income uses.
The building’s duplex format and separate exterior spaces make it practical for tenants seeking privacy while keeping ownership and management straightforward.
Key Highlights
- Side‑by‑side double with two units
- Each unit has a separate driveway and private yard
- 5 bedrooms and 2 full bathrooms across the property
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 | $34.9k | $19.80 |
| − Vacancy | −$3.0k | −$1.71 |
| EGI | $31.9k | $18.09 |
| − OpEx | −$9.6k | −$5.43 |
| NOI | $22.3k | $12.66 |
1,764 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.1K
$279.2K – $372.3K
NOI $22,337 @ 7.0% cap · market cap 8.59%
Second Best
Apartment 5plus
$293.3K
$256.6K – $342.2K
NOI $20,531 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$448.4K
$392.3K – $523.1K
NOI $31,385 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two side-by-side units feature separate driveways and private yards for each residence.
Where is this duplex located?
The property is located at 2330-32 North Claiborne Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Side‑by‑side double with two units; Each unit has a separate driveway and private yard; 5 bedrooms and 2 full bathrooms across the property
