209-211 AUDUBON Street, New Orleans, LA 70118
- Added:
- May 20, 2026
- Days on Market:
- 50
- Last Refresh:
- Jul 8 at 7:06 pm
Property Features for 209-211 AUDUBON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Pending
- APN
- 615301605
- Size
- 2,700 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- GREENVILLE SQ 18 LOT 5 30X120 DU-W/APT 209-11-11HF AUDUBON ST FILE #95550 5/09 FAM
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Metal
- Architectural style
- Other
Listing agent Michael Kennedy License #995718138 (504) 669-8822
Listing office KELLER WILLIAMS REALTY 455-0100 3500 N Causeway Blvd Suite 350, Metairie, LA (504) 455-0100
Listing date May 20, 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
- Prime location: Steps from Audubon Park and Magazine Street.
- Investment opportunity: Potential for four separate units or owner‑occupied with rental income.
- Off‑street parking: Includes two separate garages.
- Elevated decks: Private outdoor retreats with Audubon Park views.
- Flexible layout: Downstairs can be separated into two units, or combined with the upstairs.
- Vacant units: Freshly painted units are easily accessible for showings.
Overview
The property is located at 209-211 Audubon Street in New Orleans, Louisiana, within a walkable area described as being close to Audubon Park and other local attractions referenced in the remarks. Access for showings is described as being available through a ShowingTime lockbox for both upstairs and downstairs vacant units.
For tenants, this offers a mix of flexible layouts, including the ability to create separate first-floor apartments if needed. For buyers, the combination of vacant units and an existing long-term tenant on one side may support streamlined transitioning and occupancy planning, while the deck and parking/garage features can help appeal to a variety of households. Showings require 24 hours minimum notice for the occupied unit.
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 | $53.5k | $19.80 |
| − Vacancy | −$4.6k | −$1.71 |
| EGI | $48.8k | $18.09 |
| − OpEx | −$14.7k | −$5.43 |
| NOI | $34.2k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.132814
- Latitude
- 29.92782
