2-Unit Duplex with
New
For Sale
$549,900
2001-03 GENERAL TAYLOR ST., New Orleans, LA 70115
Multi-Family, Traditional, New Orleans, LA
Property Size2,889 SF
Price / SF$190.34
Days on Market3
Property Features for 2001-03 GENERAL TAYLOR ST.
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Porch
Exterior features
Balcony, Porch
Lot features
Regular
Subdivision
Delachaise-Milan
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
Legal 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
Amenities
balconies
porches
private deck
fenced rear-yard
laundry center
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Helene Barnett
(504) 289-1062
Added: Oct 16
Last Checked: Oct 18 at 2:06PM
MLS# 2581951
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.
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Investment Insights
Based on property information with market context.
This upper-and-lower duplex contains 2,889 square feet and was built in 1925. Each of its two residences has 3 bedrooms, two full bathrooms, a living room, formal dining room, breakfast room, kitchen, and laundry area. Balconies, porches, and a private deck provide outdoor space. Interior details include French doors, built-ins, and hardwood floors; central heating and central air conditioning serve the property. The rear yard is fenced, and the property is in X-Flood zone.
At 2001-03 General Taylor Street, the duplex is four blocks from St. Charles Avenue. Martin Wine Cellar and Bistro, Zee’s Pizzeria, Mosquito Supper Club and Oyster Bar, Lucy’s Creamery, and Atkinson-Stern Tennis Center are among the nearby destinations. Trader Joe’s is eight blocks away.
At 2001-03 General Taylor Street, the duplex is four blocks from St. Charles Avenue. Martin Wine Cellar and Bistro, Zee’s Pizzeria, Mosquito Supper Club and Oyster Bar, Lucy’s Creamery, and Atkinson-Stern Tennis Center are among the nearby destinations. Trader Joe’s is eight blocks away.
Key Highlights
- Two residences, each with 3 bedrooms and two full baths
- 2,889 square feet; built in 1925
- Balconies, porches, and a private deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,831
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,620
$496.6K
Cap Rate 7%
$354,729
$354.7K
Cap Rate 9%
$275,900
$275.9K
Market Conditions
NOI Build-Up for 2,889 SF
Gross rent
$38.8K $13.44/SF
− Vacancy
−$3.4K −$1.16/SF
EGI
$35.5K $12.28/SF
− OpEx
−$10.6K −$3.68/SF
NOI
$24.8K $8.60/SF
Area
ZIP 70115
Vacancy
8.64%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,620
Cap Rate 7%
$354,729
Cap Rate 9%
$275,900
Alternative Uses
Best Use
Multifamily LT 5
$354.7K
$310.4K – $413.9K
NOI $24,831 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$314.5K
$275.2K – $366.9K
NOI $22,012 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$762.2K
$666.9K – $889.2K
NOI $53,354 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,833
Businesses Nearby
Explore this area
Business Placement
Demographics for 70115, LA
31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has separate living and dining rooms, a kitchen, laundry area, and private outdoor space.
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 $549,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and two full baths; 2,889 square feet; built in 1925; Balconies, porches, and a private deck
