New Construction Duplex in New
2630 NEW ORLEANS Street New Orleans, LA 70119
2630 NEW ORLEANS Street, New Orleans, LA, 70119
$425,000
For Sale
$425,000
MULTI_FAMILY - New Orleans, LA
Property Size2,500 SF
Lot Size0.08 Acres
Price / SF$170
Days on Market92
Property Features for 2630 NEW ORLEANS Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Exterior features
- Driveway Permeable Surface, Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 37W212913
- Size
- 2,500 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 1505 LOT 16 NEW ORLEANS
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Homesmart Realty South
(504) 908-7653
Listed by
Cherie Bolner · License #099564317
(504) 908-5037
Added: Apr 22 Updated: May 14 at 11:32AM Checked: Jul 22 at 3:06PM
MLS# 2554336
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This new construction duplex presents a unique opportunity. Each unit features an open floor plan with smart vinyl wood planked flooring and energy-efficient windows, providing ample natural light for entertaining, cooking, and relaxing. Stainless steel appliances are included. Both levels feature 9-foot ceilings and custom tile work in the modern bathrooms. The primary suites include roomy, built-in, walk-in closets. A driveway offers off-street parking, and the spacious back yards are partitioned for privacy with new wood fencing. The property is located in New Orleans, LA.
Key Highlights
- New construction duplex (2026) with 2 identical adjacent duplex options available
- Central heating and central air conditioning
- 9' ceilings on both levels
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
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - New construction duplex with modern amenities and income potential.
Where is this duplex located?
The property is located at 2630 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: New construction duplex (2026) with 2 identical adjacent duplex options available; Central heating and central air conditioning; 9' ceilings on both levels
