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Renovated Duplex with Porches
For Sale
$275,000

2312 14 Aubry St, New Orleans, LA 70119

Two updated units offer open layouts, private outdoor areas, and off-street parking.

Property Size1,832 SF
Price / SF$150.11
Days on Market45

Property Features for 2312 14 Aubry St

General Information

Standard status Active
Size 1,832 SF
Property subtype Multi-Family

Site & Location

Neighborhood Fairgrounds
Highway Access Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

open-concept floor plan
butcher block countertops
stainless steel appliances
covered front porch
large back porch
fully fenced-in backyard
covered patio
driveway
washer/dryer hookups

Building Details

Year Built 2001
Buildings 1
Stories 2
Listing Agency: Galiano Realty
Listed By: Rachel Silvers · License #995694275
Source: Dominionplace
Added: Sep 15 Changed: Oct 25 Last Checked: Oct 7 at 4:22PM

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 Galiano Realty

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two renovated residential units, each with 2 bedrooms and 1 bathroom. Both residences feature open-concept layouts and butcher block countertops, while washer and dryer hookups serve each unit. The upstairs home includes stainless steel appliances, a covered front porch, and a large rear porch overlooking the fenced backyard. The lower unit adds a covered patio and a generous driveway for off-street parking.

The property also includes a new roof, a new HVAC system, and a spacious rear lot. Located at 2312 14 Aubry St in New Orleans, the duplex provides access to Downtown, the French Quarter, area restaurants, and I-10. Built in 2001, the 1,832-square-foot property offers a two-unit configuration with separate living spaces and outdoor amenities.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units
  • 1,832‑square‑foot duplex built in 2001
  • New roof and new HVAC system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,198
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,960 $464.0K
Cap Rate 7%
$331,400 $331.4K
Cap Rate 9%
$257,756 $257.8K
Market Conditions
NOI Build-Up for 1,832 SF
Gross rent
$36.3K $19.80/SF
− Vacancy
−$3.1K −$1.71/SF
EGI
$33.1K $18.09/SF
− OpEx
−$9.9K −$5.43/SF
NOI
$23.2K $12.66/SF
Area
ZIP 70119
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,960
Cap Rate 7%
$331,400
Cap Rate 9%
$257,756

Alternative Uses

Best Use
Multifamily LT 5
$331.4K
$290.0K – $386.6K (±1% cap)
NOI $23,198 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$304.6K
$266.5K – $355.4K (±1% cap)
NOI $21,322 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$479.4K
$419.5K – $559.3K (±1% cap)
NOI $33,556 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two updated units offer open layouts, private outdoor areas, and off-street parking.
Where is this duplex located?
The property is located at 2312 14 Aubry St New Orleans, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 1,832‑square‑foot duplex built in 2001; New roof and new HVAC system
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