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New Orleans Multifamily Income Property

2109 COLUMBUS Street, New Orleans, LA 70119

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For Sale

$475,000

MULTI_FAMILY - New Orleans, LA

Property size:

2,572 SF

Price / SF:

$184/SF

HighLights

Income‑generating double with flexible living space: Ideal for owner‑occupants or investors.
Brand new FORTIFIED ROOF.
Rare off‑street parking on a key lot.
Two units: one with 3 bedrooms/2 baths, the other with 2 bedrooms/2 baths.
Convenient in‑unit washers and dryers on both sides.
Prime location: Minutes from Fairgrounds, City Park, restaurants, and cafes.

We can help!

Listing Contact

Adrienne LaBauve

For Sale

$475,000

MULTI_FAMILY - New Orleans, LA

Property size:

2,572 SF

Price / SF:

$184/SF

Added:: Mar 18, 2026
Days on Market:: 87
Last Refresh:: Jun 12 at 3:06 am

Property Features for 2109 COLUMBUS Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Patio and Porch features: Porch
Exterior features: Fence, Porch
Fencing: Fenced
Standard status: Active
APN: 37W202102
Size: 2,572 SF

Taxes and HOA fees

Tax Description: SQ 1044 LOT PT A

Utilities

Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1931
Floors in Building: 1
Number of units: 2
Roof type: Asphalt, Shingle
Architectural style: Other

We can help!

Listing Contact

Adrienne LaBauve

Listing agent Adrienne LaBauve

Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA

Listing date Mar 18, 2026

MLS# 2545454 Listing URL

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

Income‑generating double with flexible living space: Ideal for owner‑occupants or investors.
Brand new FORTIFIED ROOF.
Rare off‑street parking on a key lot.
Two units: one with 3 bedrooms/2 baths, the other with 2 bedrooms/2 baths.
Convenient in‑unit washers and dryers on both sides.
Prime location: Minutes from Fairgrounds, City Park, restaurants, and cafes.

Overview

This well-maintained duplex features a new fortified roof and blends historic charm with modern comfort. The property contains a total of 5 bedrooms and 4 full baths, with one unit offering 3 bedrooms and 2 bathrooms, and the other providing 2 bedrooms and 2 bathrooms. This setup is suitable for owner-occupants, investors, or those seeking flexible living space with income potential. Both units include spacious living areas with tall ceilings and hardwood floors. The open-concept kitchens connect to dining and living spaces. Each side features generously sized bedrooms, updated bathrooms, and elegant finishes. Brick fireplaces and wood trim add a New Orleans touch. Outdoor spaces include a front porch and a fenced yard. A key lot provides off-street parking. In-unit washers and dryers are present on both sides. Located near the Fairgrounds, City Park, and local restaurants and cafes, this property offers access to city amenities. The property size is 2572 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$50.9k	$19.80
− Vacancy	−$4.4k	−$1.71
EGI	$46.5k	$18.09
− OpEx	−$14.0k	−$5.43
NOI	$32.6k	$12.66

2,572 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$465.3K

$407.1K – $542.8K (±1% cap)

NOI $32,568 @ 7.0% cap · market cap 6.86%

Second Best

Apartment 5plus

$427.6K

$374.2K – $498.9K (±1% cap)

NOI $29,935 @ 7.0% cap · market cap 6.30%

Theoretical Best

Office A

$673.0K

$588.9K – $785.2K (±1% cap)

NOI $47,111 @ 7.0% cap · market cap 9.92%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: New Orleans
County: Jefferson
State: Louisiana
Longitude: -90.07162
Latitude: 29.974475

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For sale
Duplexes
LA
New Orleans
70119
2109 COLUMBUS Street

What type of property is this?

Duplex - Income-generating duplex near Fairgrounds and City Park.

Where is this duplex located?

The property is located at 2109 COLUMBUS Street New Orleans, LA.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Income‑generating double with flexible living space: Ideal for owner‑occupants or investors.; Brand new FORTIFIED ROOF.; Rare off‑street parking on a key lot.

2109 COLUMBUS Street, New Orleans, LA 70119

MULTI_FAMILY - New Orleans, LA

Property Features for 2109 COLUMBUS Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Canal Street Automotive Investment Opportunity

Mixed-Use Live/Work Building

Gutted Warehouse with Office

Historic Ground-Floor Office Space

Updated Duplex with Off-Street Parking

Turnkey New Construction Duplex

Uptown New Orleans Multi-Family Property

Historic Mixed-Use Building, New Orleans

Mixed-Use Commercial & Residential Property

Renovated Duplex in New Orleans

Restored Victorian Bed & Breakfast

Owner-Occupy Duplex with Sunroom

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