Duplex with Updated
For Sale
$275,000
2312 AUBRY Street, New Orleans, LA 70119
Multifamily, New Orleans, LA
Property Size1,832 SF
Lot Size0.08 Acres
Price / SF$150.11
Days on Market122
Property Features for 2312 AUBRY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
Parking features
Driveway, Off Street
Patio and Porch features
Porch
Lot features
Irregular Lot
Standard status
Active
APN
37W206016
Size
1,832 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
AS PER TITLE
Legal Description
AS PER TITLE
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
butcher block countertops
stainless steel appliances
washer/dryer hookups
covered front porch
large back porch
covered patio
fully fenced-in backyard
Building Details
Year built
2001
Number of units
2
Building materials
Concrete, Stucco
Architectural style
Other
Buildings
1
Listing Agency:
Galiano Realty
(504) 256-6311
Listed By:
Rachel I Silvers · License #995694275
(504) 475-4775
Added: Jun 24
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2564383
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.
Built in 2001, this 1,832-square-foot duplex contains two residences, each with two bedrooms and one bathroom. Both units have open-concept layouts and butcher block countertops. The upper residence includes stainless steel appliances, a covered front porch, and a rear porch; the lower residence has a covered patio. A new roof, new HVAC system, central heating and cooling, and washer and dryer hookups in each unit are among the property’s features.
The 0.0794-acre parcel includes a fenced backyard and driveway parking. Downtown New Orleans and the French Quarter are minutes away, with access to I-10. Public water and sewer serve the property.
The 0.0794-acre parcel includes a fenced backyard and driveway parking. Downtown New Orleans and the French Quarter are minutes away, with access to I-10. Public water and sewer serve the property.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,832 square feet on a 0.0794‑acre lot
- New roof and HVAC system; central heating and cooling
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
NOI $23,198 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$304.6K
$266.5K – $355.4K
NOI $21,322 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$479.4K
$419.5K – $559.3K
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
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate two-bedroom residences offer open layouts, outdoor areas, and individual washer and dryer hookups.
Where is this duplex located?
The property is located at 2312 AUBRY Street 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 units, each with 2 bedrooms and 1 bathroom; 1,832 square feet on a 0.0794‑acre lot; New roof and HVAC system; central heating and cooling
