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Duplex with Gated Parking
For Sale
$246,900

2410 S Rocheblave St, New Orleans, LA 70125

Two-bedroom units feature central HVAC, open living areas, and low-maintenance finishes.

Property Size1,872 SF
Price / SF$131.89
Days on Market102

Property Features for 2410 S Rocheblave St

General Information

Standard status Active
Size 1,872 SF
Property subtype Multi-Family

Building Details

Year Built 2013
Listing Agency: RE/MAX Affiliates
Listed By: Brandy Dufrene · License #000050993
Source: Fiorellaavenue
Added: Jul 10 Changed: Oct 12 Last Checked: Oct 7 at 2:31PM

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 RE/MAX Affiliates

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Investment Insights

Based on property information with market context.

This duplex contains two 2-bedroom, 1-bath residences within 1872 SF. Built in 2013, the property offers open living areas, generous bedrooms, central air and heat, and low-maintenance materials in both units. Gated off-street parking serves the property.

The address is in New Orleans, minutes from downtown and the Central Business District, with universities, hospitals, shopping, dining, and public transportation nearby. Access to South Claiborne Avenue and I-10 supports connectivity across the area.

The two-unit configuration provides separate residences with consistent layouts and shared parking access. The property is also identified as Section 8-friendly in the available information.

Key Highlights

  • Two 2‑bedroom, 1‑bath units
  • 1872 SF duplex built in 2013
  • Central air and heat in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,788
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,760 $435.8K
Cap Rate 7%
$311,257 $311.3K
Cap Rate 9%
$242,089 $242.1K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$43.6K $23.28/SF
− Vacancy
−$4.0K −$2.12/SF
EGI
$39.6K $21.16/SF
− OpEx
−$17.8K −$9.52/SF
NOI
$21.8K $11.64/SF
Area
New Orleans, LA
Vacancy
9.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,760
Cap Rate 7%
$311,257
Cap Rate 9%
$242,089

Alternative Uses

Best Use
Multifamily LT 5
$338.6K
$296.3K – $395.1K (±1% cap)
NOI $23,704 @ 7.0% cap · market cap 9.60%
Second Best
Apartment 5plus
$311.3K
$272.4K – $363.1K (±1% cap)
NOI $21,788 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$475.8K
$416.3K – $555.1K (±1% cap)
NOI $33,306 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,152
Businesses Nearby

Demographics for 70125, LA

17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
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-bedroom units feature central HVAC, open living areas, and low-maintenance finishes.
Where is this duplex located?
The property is located at 2410 S Rocheblave St New Orleans, LA.
What is the asking price?
The asking price for this property is $246,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1872 SF duplex built in 2013; Central air and heat in each unit
More about this property
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