Brand-New Duplex with Adjacent
2630-32 New Orleans Street New Orleans, LA 70119
2630-32 New Orleans Street, New Orleans, LA, 70119
$425,000
For Sale
$425,000
Two adjacent new duplex units feature open plans, 9' ceilings, stainless appliances, and fenced, private back yards.
Property Size2,500 SF
Price / SF$170
Days on Market107
Property Features for 2630-32 New Orleans Street
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2026
Listing agency
Homesmart Realty South
(504) 442-0734
Listed by
Cherie Bolner · License #099564317
(504) 442-0734
Source
Compass
Added: Apr 7 Updated: Jul 22 at 12:45PM Checked: Jul 22 at 12:45PM
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 Homesmart Realty South
Investment Insights
Based on property information with market context.
This offering presents two identical, adjacent duplex units in brand-new construction. Each home features an open floor plan, smart vinyl wood-planked flooring, and plenty of natural light from energy-efficient windows. Stainless appliances are included, and both levels offer 9' ceilings. Modern bathrooms and primary suites are finished with custom tile work, and primary suites include roomy built-in walk-in closets.
A driveway is available for off-street parking, and the back yards are spacious and partitioned for privacy with brand-new wood fencing. The properties are located at 2630-32 New Orleans Street in New Orleans, LA 70119.
A driveway is available for off-street parking, and the back yards are spacious and partitioned for privacy with brand-new wood fencing. The properties are located at 2630-32 New Orleans Street in New Orleans, LA 70119.
Key Highlights
- 2026 new construction: 2‑story duplex designed as two identical, adjacent units
- Open floor plan with 9’ ceilings on both levels
- Central air and central heating; brand‑new energy‑efficient windows
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 | $49.5k | $19.80 |
| − Vacancy | −$4.3k | −$1.71 |
| EGI | $45.2k | $18.09 |
| − OpEx | −$13.6k | −$5.43 |
| NOI | $31.7k | $12.66 |
2,500 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$452.2K
$395.7K – $527.6K
NOI $31,656 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$415.7K
$363.7K – $485.0K
NOI $29,097 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$654.2K
$572.4K – $763.2K
NOI $45,792 @ 7.0% cap · market cap 10.77%
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 - Two adjacent new duplex units feature open plans, 9' ceilings, stainless appliances, and fenced, private back yards.
Where is this duplex located?
The property is located at 2630-32 New Orleans Street New Orleans, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2026 new construction: 2‑story duplex designed as two identical, adjacent units; Open floor plan with 9’ ceilings on both levels; Central air and central heating; brand‑new energy‑efficient windows
