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Two-Unit Duplex Property
For Sale
$79,000
Pending

2420-2422 Philip Street, New Orleans, LA 70113

Two-unit residential income property in New Orleans’ Uptown area, near downtown.

Property Size2,800 SF
Days on Market537

Property Features for 2420-2422 Philip Street

General Information

Standard status Pending
Size 2,800 SF
Property subtype Multi Family

Building Details

Tenancy Multi
Listing Agency: LPT Realty, LLC
Listed By: Martina Lang · License #0995702137
Source: Exitrealty
Added: Mar 17, 2025 Changed: Sep 2 Last Checked: Sep 2 at 6:16PM

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 LPT Realty, LLC

Investment Insights

Based on property information with market context.

This duplex property contains 2,800 square feet and is configured as two residential units. The existing layout supports continued multifamily use, while the property information also identifies potential for conversion to a single-family residence.

Located in New Orleans’ Uptown area, the property is described as being just minutes from downtown. The address is 2420-2422 Philip Street, New Orleans, LA 70113.

Key Highlights

  • 2,800‑square‑foot duplex property
  • Configured as two residential units
  • Located in New Orleans’ Uptown area

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,873
Businesses Nearby

Demographics for 70113, LA

8,569
Population
5,512
Households
1.6
Avg Household Size
37
Median Age
27%
College-Educated
74%
High-School Grad
0.9 sq mi
ZIP Area
9,521
Density / Sq Mi
$36,897
Median Household Income
$31,126
Median Earnings
$960
Median Rent
$258,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential income property in New Orleans’ Uptown area, near downtown.
Where is this duplex located?
The property is located at 2420-2422 Philip Street New Orleans, LA.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 2,800‑square‑foot duplex property; Configured as two residential units; Located in New Orleans’ Uptown area
More about this property
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