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Upper/Lower Duplex with Outdoor Space

2001-03 GENERAL TAYLOR ST. New Orleans, LA 70115

2001-03 GENERAL TAYLOR ST., New Orleans, LA, 70115
$599,500
For Sale
$599,500

MULTI_FAMILY - New Orleans, LA

Property Size2,889 SF
Price / SF$207.51
Days on Market65

Property Features for 2001-03 GENERAL TAYLOR ST.

General Information

Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Porch
Exterior features
Balcony, Porch
Standard status
Active
APN
2001
Size
2,889 SF

Taxes and HOA fees

Tax Description
1. SQ 505 LOT 20 GEN TAYLOR AND 2. DANNEEL 33X90 3. 2001-03 GEN TAYLOR 4. DUP-W

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency Keller Williams Realty New Orleans
8601 Leake Ave., New Orleans, LA
Listed by Helene Barnett
Added: May 15 Checked: Jul 18 at 7:06 pm
MLS# 2558284 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.

This upper/lower duplex offers two separate residences with three independent bedrooms and two full baths in each unit. Interior layouts include a living room, formal dining room, breakfast room, and a fully furnished kitchen with an on-site laundry center. Period features such as French doors, original built-ins, and hardwood floors are highlighted throughout, along with freshly painted exterior elements. Each unit also provides private outdoor space, including balconies, porches, and a private deck. Additional exterior notes include an X-flood zone designation and a shaded, fenced rear yard, with an optional driveway.

Set in the Milan-Delachaise area of Uptown, the property is described as being in a walkable neighborhood. Public remarks reference a nearby mix of local businesses within walking distance and proximity to St. Charles Ave. The listing also notes that Trader Joe’s is open and located about 8 blocks away.

The property is being sold subject to an existing lease that expires at the end of August. Public remarks state current market rent for each unit is $2,300 to $2,500 per month, and the offering is described as an owner-occupied opportunity.

Key Highlights

  • Upper/lower duplex built in 1920 with central heating and central air
  • Each unit offers 3 bedrooms and 2 full baths, plus living room, formal dining room, and breakfast room
  • Each unit includes a furnished kitchen and a laundry center

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 $38.8k $13.44
− Vacancy −$3.4k −$1.16
EGI $35.5k $12.28
− OpEx −$10.6k −$3.68
NOI $24.8k $8.60
2,889 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$354.7K
$310.4K – $413.9K (±1% cap)
NOI $24,831 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$314.5K
$275.2K – $366.9K (±1% cap)
NOI $22,012 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$762.2K
$666.9K – $889.2K (±1% cap)
NOI $53,354 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Accounting Firm Law Firm Building Supply Kitchen & Bath Showroom Electrical Service Locksmith HVAC Service Tech Support Center Grocery & Convenience Store Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Spacious upper/lower duplex offering three bedrooms, two full baths, and private outdoor areas for each unit.
Where is this duplex located?
The property is located at 2001-03 GENERAL TAYLOR ST. New Orleans, LA.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: Upper/lower duplex built in 1920 with central heating and central air; Each unit offers 3 bedrooms and 2 full baths, plus living room, formal dining room, and breakfast room; Each unit includes a furnished kitchen and a laundry center
Contact an agent
More about this property
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