Double-Floor Duplex with
For Sale
$425,000
2130 ROBERT Street, New Orleans, LA 70115
MULTI_FAMILY - New Orleans, LA
Property Size3,470 SF
Lot Size0.10 Acres
Price / SF$122.48
Days on Market106
Property Features for 2130 ROBERT Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street
Patio and Porch features
Porch
Exterior features
Courtyard, Fence, Porch Screened In
Fencing
Fenced
Lot features
Oversized
Subdivision
Freret
Standard status
Active
APN
614323513
Size
3,470 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
SQ 569 LOT B ROBERT 41X111 FILE #56748-A 3-83 2130-32 ROBERT ST DUP-W FILE #90225 2/06 DONATN
Legal Description
SQ 569 LOT B ROBERT 41X111 FILE #56748-A 3-83 2130-32 ROBERT ST DUP-W FILE #90225 2/06 DONATN
Utilities
Heating system
Other (Heating), Ductless (Heating)
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1940
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Zachary Russell
(504) 493-9770
Added: Apr 17
Changed: Jul 23
Last Checked: Jul 31 at 12:06AM
MLS# 2550747
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.
This for-sale duplex features two large, separate units with living space on its own floor. Each unit includes a sunroom, living room, and separate dining area, along with a generous kitchen. The first-floor unit is described as having custom wood cabinetry extending to the ceiling and slate floors repurposed from a French Quarter roof. A bathroom remodel was completed in 2026, with the existing storage cabinets preserved, and the space was built out to allow for a stackable washer/dryer. The remaining rooms are reported to have hardwood flooring, including underneath bedroom carpets, and the unit also includes a screened-in porch.
The upstairs unit is accessed through a separate entrance and follows a similar layout. It is set apart by a butler’s pantry and a separate laundry room, and it includes 3 bedrooms and 1 bathroom. Both units are separately metered. The property also includes a driveway and a very large back patio area, supporting low-maintenance day-to-day use.
Recent updates cited in the remarks include a 2026 upgrade to PEX for downstairs plumbing and the sewer line, a repaired gas line in 2026, new water heaters in 2025 and 2021, and foundation repairs completed in 2025 per Gurtler Bros recommendations. This configuration can appeal to buyers seeking a two-unit setup with privacy, separate entrances, and multiple interior spaces within each floor.
The upstairs unit is accessed through a separate entrance and follows a similar layout. It is set apart by a butler’s pantry and a separate laundry room, and it includes 3 bedrooms and 1 bathroom. Both units are separately metered. The property also includes a driveway and a very large back patio area, supporting low-maintenance day-to-day use.
Recent updates cited in the remarks include a 2026 upgrade to PEX for downstairs plumbing and the sewer line, a repaired gas line in 2026, new water heaters in 2025 and 2021, and foundation repairs completed in 2025 per Gurtler Bros recommendations. This configuration can appeal to buyers seeking a two-unit setup with privacy, separate entrances, and multiple interior spaces within each floor.
Key Highlights
- Large double with each unit on its own floor and separate entrance for the upstairs unit
- Downstairs unit has 1,735 total SF and includes a spacious sunroom, living room, separate dining room, and generous kitchen
- Upstairs unit has 1,735 total SF (1,531 without), with 3 bedrooms, 1 bathroom, plus a butlers pantry and separate laundry room
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 | $46.6k | $13.44 |
| − Vacancy | −$4.0k | −$1.16 |
| EGI | $42.6k | $12.28 |
| − OpEx | −$12.8k | −$3.68 |
| NOI | $29.8k | $8.60 |
3,470 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$426.1K
$372.8K – $497.1K
NOI $29,825 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$377.7K
$330.5K – $440.7K
NOI $26,439 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$915.5K
$801.1K – $1.07M
NOI $64,084 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,612
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered units each occupy their own floor, offering multiple living areas and screened porches.
Where is this duplex located?
The property is located at 2130 ROBERT Street New Orleans, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Large double with each unit on its own floor and separate entrance for the upstairs unit; Downstairs unit has 1,735 total SF and includes a spacious sunroom, living room, separate dining room, and generous kitchen; Upstairs unit has 1,735 total SF (1,531 without), with 3 bedrooms, 1 bathroom, plus a butlers pantry and separate laundry room
