Duplex with Double-Decker Front
2025 BROADWAY Street New Orleans, LA 70118
2025 BROADWAY Street, New Orleans, LA, 70118
$399,000
For Sale
$399,000
MULTI_FAMILY - New Orleans, LA
Property Size2,756 SF
Price / SF$144.78
Days on Market16
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 agency
RE/MAX Synergy
(985) 307-1367
Listed by
Jeffery Melancon
(985) 307-1367
Added: Jul 7 Updated: Jul 8 at 6:08PM Checked: Jul 22 at 6:06PM
MLS# 2563033
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.
Offered for sale, this classic duplex at 2025 Broadway includes a traditional facade with double-decker front porches. Inside, the home retains hardwood flooring and high ceilings throughout, preserving much of the original character while allowing room for personalization. The kitchen includes ample cabinet space and gas cooking. The bathroom features historic black-and-white tile work, adding a timeless focal point.
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.
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.
Key Highlights
- Central heating and central air conditioning
- Off‑street parking with fenced yard
- Exterior includes balcony and fence
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 |
2,756 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$498.5K
$436.2K – $581.6K
NOI $34,898 @ 7.0% cap · market cap 8.75%
Second Best
Apartment 5plus
$458.2K
$401.0K – $534.6K
NOI $32,077 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$700.5K
$612.9K – $817.2K
NOI $49,034 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Classic duplex in New Orleans featuring hardwood floors, high ceilings, and gas cooking.
Where is this duplex located?
The property is located at 2025 BROADWAY Street New Orleans, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Central heating and central air conditioning; Off‑street parking with fenced yard; Exterior includes balcony and fence
