Corner-Lot Double with
2001 FOUCHER Street New Orleans, LA 70115
2001 FOUCHER Street, New Orleans, LA, 70115
$438,000
Pending
For Sale
$438,000
Pending
MULTI_FAMILY - New Orleans, LA
Property Size1,753 SF
Lot Size0.06 Acres
Days on Market28
Property Features for 2001 FOUCHER Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Off Street
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 614309716
- Size
- 1,753 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- SQ 508 LOT A 38X65 2001-03 FOUCHER & DANNEEL DU-W
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1929
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
REVE, REALTORS
(504) 300-0700
Listed by
Caitlin Brewster · License #995690905
(504) 300-0700
Added: Jun 25 Updated: Jul 13 at 10:33PM Checked: Jul 22 at 5:06PM
MLS# 2562798
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 corner-lot duplex was fully renovated in 2019, including a new roof, updated systems, new appliances, and refreshed interiors throughout. Each side offers one bedroom and one full bath with abundant natural light from numerous windows. The owner’s side includes a distinctive staircase leading to an expansive second-floor den and office space or a second bedroom with substantial storage, providing flexibility for living and working arrangements. Outside, a gravel driveway provides off-street parking, and the landscaped side yard offers a private outdoor setting.
The property is located in Uptown New Orleans near the St Charles/Magazine/Freret corridor, with proximity to restaurants, shops, and neighborhood amenities.
This configuration supports a range of buyers, including owner-occupants who want an additional income-producing unit, or investors seeking a renovated duplex with consistent unit layouts. With in-unit full baths, updated mechanicals and interiors, and dedicated off-street parking plus outdoor space, the property is well suited for tenants looking for comfort and flexibility.
The property is located in Uptown New Orleans near the St Charles/Magazine/Freret corridor, with proximity to restaurants, shops, and neighborhood amenities.
This configuration supports a range of buyers, including owner-occupants who want an additional income-producing unit, or investors seeking a renovated duplex with consistent unit layouts. With in-unit full baths, updated mechanicals and interiors, and dedicated off-street parking plus outdoor space, the property is well suited for tenants looking for comfort and flexibility.
Key Highlights
- Corner‑lot double home fully renovated in 2019 with a new roof, updated systems, appliances, and refreshed interiors throughout
- Approximately 1,753 SF total, featuring 2 units with each side offering 1 bedroom and 1 full bath
- Central heating and central air conditioning
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 | $23.6k | $13.44 |
| − Vacancy | −$2.0k | −$1.16 |
| EGI | $21.5k | $12.28 |
| − OpEx | −$6.5k | −$3.68 |
| NOI | $15.1k | $8.60 |
1,753 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$215.2K
$188.3K – $251.1K
NOI $15,067 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$190.8K
$167.0K – $222.6K
NOI $13,357 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$462.5K
$404.7K – $539.6K
NOI $32,374 @ 7.0% cap · market cap 7.39%
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 - Fully renovated 1-bedroom duplex offering flexible second-floor den or office space and off-street parking.
Where is this duplex located?
The property is located at 2001 FOUCHER Street New Orleans, LA.
What is the asking price?
The asking price for this property is $438,000.
What are key features of this property?
This property features: Corner‑lot double home fully renovated in 2019 with a new roof, updated systems, appliances, and refreshed interiors throughout; Approximately 1,753 SF total, featuring 2 units with each side offering 1 bedroom and 1 full bath; Central heating and central air conditioning
