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Renovate or Invest in Leonidas
For Sale
$210,000

2531 Leonidas Street, New Orleans, LA 70118

Investment opportunity with renovation potential in a desirable location.

Property Size2,405 SF
Price / SF$87.32
Days on Market175

Property Features for 2531 Leonidas Street

General Information

Standard status Active
Size 2,405 SF
Property subtype Residential / Detached Single Family / Single Family Home

Amenities

2
6
2/0
Wood Burning
Asphalt
Other
No
Balcony, Porch
Slab
Brick, Other
, Porch

Building Details

Year Built 1920
Listing Agency: KELLER WILLIAMS REALTY 455-0100
Listed By: Ciarra Small · License #995690684
Source: Compass
Added: Mar 13 Changed: Aug 31 Last Checked: Aug 3 at 11:07AM

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 KELLER WILLIAMS REALTY 455-0100

Investment Insights

Based on property information with market context.

This property presents a renovation or investment opportunity. The upper-level unit has been fully gutted and is ready for finishing, offering customization potential. The roof was replaced in 2023. Classic architectural details and a desirable location enhance the property's appeal. The property is suitable for investors or owner-occupants seeking to add value. The property size is 2405 square feet.

Key Highlights

  • Upper‑level unit is fully gutted and ready for customization.
  • Roof replaced in 2023.
  • Desirable location**.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Nail Salon Hair Salon

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

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Investment opportunity with renovation potential in a desirable location.
Where is this duplex located?
The property is located at 2531 Leonidas Street New Orleans, LA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Upper‑level unit is fully gutted and **ready for customization**.; Roof replaced in 2023.; Desirable location**.
More about this property
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