Updated Duplex in Prime
2215-2217 Dumaine Street New Orleans, LA 70119
2215-2217 Dumaine Street, New Orleans, LA, 70119
$310,000
For Sale
$310,000
Updated 2-unit duplex near amenities and parade routes.
Property Size2,075 SF
Price / SF$149.40
Days on Market247
Property Features for 2215-2217 Dumaine Street
General Information
- Standard status
- Active
- Size
- 2,075 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1920
Listing Agency
United Real Estate Partners LLC
(985) 400-4224
Listed by
Gabriela Williams · License #995696608
(985) 400-4224
Source
Compass
Added: Nov 12, 2025 Checked: Jul 17 at 4:01 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate Partners LLC
Investment Insights
Based on property information with market context.
This updated shotgun-style duplex contains two units, each featuring 2 bedrooms and 2 bathrooms. The property has undergone recent cosmetic updates, including fresh paint. Consistent upkeep ensures a clean and well-maintained environment both inside and out. The property is located in proximity to restaurants, bars, grocery stores, and popular parade routes. The property is suitable for investors or owner-occupants looking to live in one unit and generate rental income from the other. The property size is 2075 square feet.
Key Highlights
- Two units, each with 2 bedrooms and 2 bathrooms.
- Prime location near restaurants, bars, grocery stores, and parade routes.
- Updated with fresh paint and consistent upkeep.
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 | $41.1k | $19.80 |
| − Vacancy | −$3.5k | −$1.71 |
| EGI | $37.5k | $18.09 |
| − OpEx | −$11.3k | −$5.43 |
| NOI | $26.3k | $12.66 |
2,075 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$375.4K
$328.4K – $437.9K
NOI $26,275 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$345.0K
$301.9K – $402.5K
NOI $24,151 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$543.0K
$475.1K – $633.5K
NOI $38,007 @ 7.0% cap · market cap 12.26%
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 - Updated 2-unit duplex near amenities and parade routes.
Where is this duplex located?
The property is located at 2215-2217 Dumaine Street New Orleans, LA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms.; Prime location near restaurants, bars, grocery stores, and parade routes.; Updated with fresh paint and consistent upkeep.