Shotgun-Style
2526-28 Annette Street New Orleans, LA 70119
2526-28 Annette Street, New Orleans, LA, 70119
$255,000
For Sale
$255,000
Meticulously maintained shotgun-style double for sale at 2526-28 Annette Street, suited to owner-occupants or investors.
Property Size1,776 SF
Price / SF$143.58
Days on Market168
Property Features for 2526-28 Annette Street
General Information
- Standard status
- Active
- Size
- 1,776 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1920
Listing agency
TJones & Co, LLC
(504) 327-3875
Listed by
Shantell Wynder · License #995690444
(504) 327-3875
Source
Compass
Added: Feb 5 Updated: Jul 22 at 9:51AM Checked: Jul 22 at 9:51AM
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 TJones & Co, LLC
Investment Insights
Based on property information with market context.
This for-sale duplex is presented as a meticulously maintained shotgun-style double, offering two separate residential units within one property. The shotgun-style layout is designed as a straightforward, efficient arrangement typical of this building form.
The property is located at 2526-28 Annette Street in New Orleans, Louisiana. It is positioned for buyers seeking either an owner-occupant setup or an investment property.
The current offering is packaged as a residential income property, with the duplex configuration providing a practical structure for managing two units under one ownership.
The property is located at 2526-28 Annette Street in New Orleans, Louisiana. It is positioned for buyers seeking either an owner-occupant setup or an investment property.
The current offering is packaged as a residential income property, with the duplex configuration providing a practical structure for managing two units under one ownership.
Key Highlights
- Shotgun‑style double at 2526‑28 Annette Street in New Orleans
- 4 bedrooms and 1 full bathroom (1, entry level; single‑story)
- Central air cooling and central heating
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 | $35.2k | $19.80 |
| − Vacancy | −$3.0k | −$1.71 |
| EGI | $32.1k | $18.09 |
| − OpEx | −$9.6k | −$5.43 |
| NOI | $22.5k | $12.66 |
1,776 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.3K
$281.1K – $374.8K
NOI $22,489 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$295.3K
$258.4K – $344.5K
NOI $20,671 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$464.7K
$406.6K – $542.2K
NOI $32,531 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Meticulously maintained shotgun-style double for sale at 2526-28 Annette Street, suited to owner-occupants or investors.
Where is this duplex located?
The property is located at 2526-28 Annette Street New Orleans, LA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Shotgun‑style double at 2526‑28 Annette Street in New Orleans; 4 bedrooms and 1 full bathroom (1, entry level; single‑story); Central air cooling and central heating
