Two-Unit Duplex with Bonus
For Sale
$235,000
2201 AMELIA Street, New Orleans, LA 70115
Multifamily, New Orleans, LA
Property Size2,125 SF
Price / SF$110.59
Days on Market81
Property Features for 2201 AMELIA Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Standard status
Active
APN
2201-AMELIAST
Size
2,125 SF
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Number of units
2
Building materials
Wood Siding
Architectural style
Other
Listing Agency:
Keller Williams Realty NO
(504) 862-0100
Listed By:
Guyon A Lewis · License #099561967
(504) 215-4292
Added: Aug 4
Changed: Oct 23
Last Checked: Oct 23 at 2:06PM
MLS# 2569618
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,125-square-foot duplex, built in 1950, contains two residences with a combined three bedrooms and three bathrooms. The lower unit has two bedrooms, two bathrooms, and a bonus room; upstairs is a one-bedroom, one-bathroom layout. Central heating and central air serve the property, which has wood siding.
The property is six blocks from St. Charles Avenue and its streetcar line. The Claiborne retail corridor and Freret Street corridor are each eight blocks away; Starbucks and TJ Maxx are noted along Claiborne, while Trader Joe’s is noted near Freret. The CBD, French Quarter, and Medical District are a 10-minute drive away.
Public water and sewer serve the property, and natural gas is available.
The property is six blocks from St. Charles Avenue and its streetcar line. The Claiborne retail corridor and Freret Street corridor are each eight blocks away; Starbucks and TJ Maxx are noted along Claiborne, while Trader Joe’s is noted near Freret. The CBD, French Quarter, and Medical District are a 10-minute drive away.
Public water and sewer serve the property, and natural gas is available.
Key Highlights
- Two units with a total of 3 bedrooms and 3 bathrooms
- 2,125 square feet; built in 1950
- Lower unit has 2 bedrooms, 2 bathrooms, and a bonus room; upper unit has 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,265
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,300
$365.3K
Cap Rate 7%
$260,929
$260.9K
Cap Rate 9%
$202,944
$202.9K
Market Conditions
NOI Build-Up for 2,125 SF
Gross rent
$28.6K $13.44/SF
− Vacancy
−$2.5K −$1.16/SF
EGI
$26.1K $12.28/SF
− OpEx
−$7.8K −$3.68/SF
NOI
$18.3K $8.60/SF
Area
ZIP 70115
Vacancy
8.64%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,300
Cap Rate 7%
$260,929
Cap Rate 9%
$202,944
Alternative Uses
Best Use
Multifamily LT 5
$260.9K
$228.3K – $304.4K
NOI $18,265 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$231.3K
$202.4K – $269.9K
NOI $16,191 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$560.6K
$490.6K – $654.1K
NOI $39,245 @ 7.0% cap · market cap 16.70%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,881
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The lower residence has two bedrooms, two bathrooms, and an additional flexible room; the upper unit adds one bedroom and bath.
Where is this duplex located?
The property is located at 2201 AMELIA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two units with a total of 3 bedrooms and 3 bathrooms; 2,125 square feet; built in 1950; Lower unit has 2 bedrooms, 2 bathrooms, and a bonus room; upper unit has 1 bedroom and 1 bathroom
