Updated Duplex with Wood
For Sale
$225,000
2025 27 S Liberty St, New Orleans, LA 70115
Two-unit property featuring classic wood flooring and refreshed interior finishes in a central New Orleans setting.
Property Size1,604 SF
Price / SF$140.27
Days on Market17
Property Features for 2025 27 S Liberty St
General Information
Standard status
Active
Size
1,604 SF
Property subtype
Multi-Family
Building Details
Year Built
1965
Listing Agency:
Tuxor Realty
(713) 893-5580
Listed By:
April Brown · License #995705288
(504) 606-0466
Source:
Hospitalityrealty
Added: Sep 19
Changed: Oct 4
Last Checked: Oct 4 at 9:19AM
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 Tuxor Realty
Investment Insights
Based on property information with market context.
This duplex, built in 1965, offers 1,604 square feet with classic wood flooring and updated interior finishes. The two-unit configuration provides a defined multifamily layout, while the interior presentation combines established construction with contemporary updates.
Located at 2025 27 S Liberty St in New Orleans, the property is positioned near the Freret Street corridor, minutes from downtown and close to the Mardi Gras parade route. The surrounding neighborhood is experiencing extensive renovation activity, adding visible context to the property’s central setting.
Located at 2025 27 S Liberty St in New Orleans, the property is positioned near the Freret Street corridor, minutes from downtown and close to the Mardi Gras parade route. The surrounding neighborhood is experiencing extensive renovation activity, adding visible context to the property’s central setting.
Key Highlights
- Duplex configuration with 1,604 square feet
- Built in 1965
- Classic wood flooring throughout the interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,787
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,740
$275.7K
Cap Rate 7%
$196,957
$197.0K
Cap Rate 9%
$153,189
$153.2K
Market Conditions
NOI Build-Up for 1,604 SF
Gross rent
$21.6K $13.44/SF
− Vacancy
−$1.9K −$1.16/SF
EGI
$19.7K $12.28/SF
− OpEx
−$5.9K −$3.68/SF
NOI
$13.8K $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%
$275,740
Cap Rate 7%
$196,957
Cap Rate 9%
$153,189
Alternative Uses
Best Use
Multifamily LT 5
$197.0K
$172.3K – $229.8K
NOI $13,787 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$174.6K
$152.8K – $203.7K
NOI $12,221 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$423.2K
$370.3K – $493.7K
NOI $29,623 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,212
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property featuring classic wood flooring and refreshed interior finishes in a central New Orleans setting.
Where is this duplex located?
The property is located at 2025 27 S Liberty St New Orleans, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Duplex configuration with 1,604 square feet; Built in 1965; Classic wood flooring throughout the interior
