New Construction Duplex with Private
For Sale
$425,000
2630 32 New Orleans St, New Orleans, LA 70119
Two-level income property with open living areas, updated finishes, off-street parking, and fenced outdoor space.
Property Size2,500 SF
Price / SF$170
Days on Market77
Property Features for 2630 32 New Orleans St
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Homesmart Realty South
Listed By:
Cherie Bolner · License #099564317
(504) 442-0734
Source:
Dominionplace
Added: Aug 4
Changed: Oct 7
Last Checked: Oct 7 at 4:32PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2026, this 2,500-square-foot duplex offers a two-level layout with an open arrangement for living, dining, cooking, and entertaining. The residence includes energy-efficient windows, vinyl plank flooring, nine-foot ceilings on both floors, and contemporary tile finishes in the bathrooms. Stainless steel appliances are included, while the primary suites feature built-in walk-in closets.
A driveway provides off-street parking, and the spacious rear yards are separated by new wood fencing for added privacy. The property is one of two matching duplexes located adjacent to each other at 2630 32 New Orleans St in New Orleans, Louisiana.
A driveway provides off-street parking, and the spacious rear yards are separated by new wood fencing for added privacy. The property is one of two matching duplexes located adjacent to each other at 2630 32 New Orleans St in New Orleans, Louisiana.
Key Highlights
- 2026 construction with 2,500 square feet of property size
- Two‑level duplex with 9' ceilings on both floors
- Open layout with vinyl plank flooring and energy‑efficient windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,656
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,120
$633.1K
Cap Rate 7%
$452,229
$452.2K
Cap Rate 9%
$351,733
$351.7K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$49.5K $19.80/SF
− Vacancy
−$4.3K −$1.71/SF
EGI
$45.2K $18.09/SF
− OpEx
−$13.6K −$5.43/SF
NOI
$31.7K $12.66/SF
Area
ZIP 70119
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,120
Cap Rate 7%
$452,229
Cap Rate 9%
$351,733
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-level income property with open living areas, updated finishes, off-street parking, and fenced outdoor space.
Where is this duplex located?
The property is located at 2630 32 New Orleans St 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 construction with 2,500 square feet of property size; Two‑level duplex with 9' ceilings on both floors; Open layout with vinyl plank flooring and energy‑efficient windows
