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Updated Duplex with Basement Apartment
For Sale
$739,000

2705 OCTAVIA Street New, New Orleans, LA 70115

Raised-basement layout pairs a renovated main residence with a separate-entrance furnished apartment and flexible lower-level space.

Property SizeContact for details
Days on Market242

Property Features for 2705 OCTAVIA Street New

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Duplex

Units

Unit Mix 1 x 2BR/1.5BA
Multifamily Units 2

Additional Details

Furnished Yes
Road Access Yes

Amenities

granite countertops
stainless steel appliances
walk-in closet
spa-like bath
jacuzzi tub
Jack-and-Jill bathroom
French doors
turf putting green
mudroom
dedicated laundry area
Central
Central Air
Window Unit(s)
Porch

Building Details

Year Built 1918
Buildings 1
Listing Agency: Metairie
Listed By: June Logan · License #26682
Source: Kw
Added: Jan 4 Changed: Sep 2 Last Checked: Sep 3 at 4:01AM

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 Metairie

Investment Insights

Based on property information with market context.

This 1918 duplex combines an updated primary residence with a separate-entrance apartment in a raised basement configuration. The main level includes an open living and dining area, a renovated kitchen with granite countertops and stainless steel appliances, a primary suite with a walk-in closet and spa-like bath, and two additional bedrooms connected by a Jack-and-Jill bathroom. A lower-level den opens through French doors to the backyard, which includes a turf putting green, along with a mudroom and dedicated laundry area.

The furnished apartment has 2 bedrooms, 1.5 baths, and a full kitchen, with its square footage included in the total living area. The space can also function as a home office, gym, or guest suite. Additional features include a 2-car carport, porch, central air, window units, new French drains, and sump pumps. The property is in the University area with access to Freret Street and Downtown.

Key Highlights

  • Separate‑entrance furnished apartment with 2 bedrooms, 1.5 baths, and a full kitchen
  • Main residence includes a renovated kitchen with granite countertops and stainless steel appliances
  • Primary suite features a walk‑in closet, quartzite counters, and a separate jacuzzi tub

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Hair Salon Law Firm Real Estate Agency Spa & Massage Center Building Supply

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,653
Businesses Nearby

Demographics for 70115, LA

31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Raised-basement layout pairs a renovated main residence with a separate-entrance furnished apartment and flexible lower-level space.
Where is this duplex located?
The property is located at 2705 OCTAVIA Street New New Orleans, LA.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Separate‑entrance furnished apartment with 2 bedrooms, 1.5 baths, and a full kitchen; Main residence includes a renovated kitchen with granite countertops and stainless steel appliances; Primary suite features a walk‑in closet, quartzite counters, and a separate jacuzzi tub
More about this property
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