2025 BROADWAY Street, New Orleans, LA 70118
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 7:06 pm
Property Features for 2025 BROADWAY Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Exterior features
- Balcony, Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 615311703
- Size
- 2,756 SF
Taxes and HOA fees
- Tax Description
- Lot B, Sq 43, Broadway, Friburg, 6th Municipal District, City of New Orleans
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jeffery Melancon (985) 307-1367
Listing office RE/MAX Synergy 1904 Ormond Blvd.#101, Destrehan, LA (985) 307-1367
Listing date Jul 7, 2026
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.
HighLights
- Central heating and central air conditioning
- Off‑street parking with fenced yard
- Exterior includes balcony and fence
- Historic home built in 1926 with double‑decker front porches
- Interior features hardwood flooring and high ceilings
- Kitchen has ample cabinet space and gas cooking
Overview
Located in New Orleans, Louisiana 70118, the property’s exterior presence is anchored by its stacked porch design, creating an inviting streetscape for residents and visitors. The overall layout and finishes provide a solid base for a buyer seeking a renovation or cosmetic updates rather than a full ground-up rebuild.
For investors or owner-occupants, this duplex can be a practical fit when you’re looking for a property with established historic details and a clear pathway for improvement. It may suit buyers who value charm and period finishes and want to apply targeted cosmetic TLC to align the interiors with current market expectations. Schedule a tour to review the spaces and consider the scope of updates for your end use.
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 | $54.6k | $19.80 |
| − Vacancy | −$4.7k | −$1.71 |
| EGI | $49.9k | $18.09 |
| − OpEx | −$15.0k | −$5.43 |
| NOI | $34.9k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.117258
- Latitude
- 29.94898
