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New Construction Duplex Investment
For Sale
$350,000

2530 32 Martin Luther King Jr Boulevard, New Orleans, LA 70113

New duplex construction is planned for 2025, with two units offering 3 bedrooms and 2 baths each.

Days on Market147

Property Features for 2530 32 Martin Luther King Jr Boulevard

General Information

Standard status Active
Property subtype Multi Family Home

Additional Details

Multifamily Units 2

Amenities

Stainless steel appliances

Building Details

Year Built 2025
Listing Agency: Gulf Meridian RealtyÂ
Listed By: Ashley Henry · License #995694707
Source: Nolalivingrealty
Added: Mar 6 Changed: Jul 25 Last Checked: Jul 31 at 12:47PM

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 Gulf Meridian RealtyÂ

Investment Insights

Based on property information with market context.

Planned for 2025 build, this new construction duplex offers an income-focused residential configuration with two units. Each unit is laid out with 3 bedrooms and 2 bathrooms, for a total of 6 bedrooms and 4 bathrooms across the property. The units will include stainless steel appliances.

The property is offered for sale.

Gross rents are stated at $3,734 per month.

Key Highlights

  • Planned 2025 duplex construction with two units
  • Each unit offers 3 bedrooms and 2 bathrooms
  • Total of 6 bedrooms and 4 bathrooms across both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Plumbing Service Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,683
Businesses Nearby

Demographics for 70113, LA

8,569
Population
5,512
Households
1.6
Avg Household Size
37
Median Age
27%
College-Educated
74%
High-School Grad
0.9 sq mi
ZIP Area
9,521
Density / Sq Mi
$36,897
Median Household Income
$31,126
Median Earnings
$960
Median Rent
$258,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - New duplex construction is planned for 2025, with two units offering 3 bedrooms and 2 baths each.
Where is this duplex located?
The property is located at 2530 32 Martin Luther King Jr Boulevard New Orleans, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Planned 2025 duplex construction with two units; Each unit offers 3 bedrooms and 2 bathrooms; Total of 6 bedrooms and 4 bathrooms across both units
More about this property
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