Rented Duplex with Fenced
2713-15 Bruxelles Street New Orleans, LA 70119
2713-15 Bruxelles Street, New Orleans, LA, 70119
$199,000
For Sale
$199,000
Fully rented duplex features identical floor plans, central air/heat, and access to an oversized fenced back yard.
Property Size1,500 SF
Price / SF$132.67
Days on Market62
Property Features for 2713-15 Bruxelles Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1935
Listing agency
Compass
(504) 874-7653
Listed by
Neil Forester · License #000041035
(504) 874-7653
Source
Compass
Added: May 23 Updated: Jul 23 at 4:47AM Checked: Jul 23 at 4:47AM
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 Compass
Investment Insights
Based on property information with market context.
This fully rented double offers two units with identical floor plans. The property is built in an arts and crafts style and includes wood floors, central air/heat, and high ceilings. Both units have access to an oversized fenced back yard. Tenant-paid utilities are electric and gas, with each service separately metered.
Located in the Fairgrounds neighborhood, the property provides convenient central access with easy routes to Interstate 610.
The building is configured as a duplex with separate utility metering, making it straightforward for residents and property operations.
Located in the Fairgrounds neighborhood, the property provides convenient central access with easy routes to Interstate 610.
The building is configured as a duplex with separate utility metering, making it straightforward for residents and property operations.
Key Highlights
- Fully rented 2‑unit duplex with identical floor plans in the Fairgrounds neighborhood
- Each unit offers central air and central heating
- 4 total bedrooms and 2 full bathrooms across the duplex
Local Financial Insights For Apartment 5plus
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 | $34.9k | $23.28 |
| − Vacancy | −$3.2k | −$2.12 |
| EGI | $31.7k | $21.16 |
| − OpEx | −$14.3k | −$9.52 |
| NOI | $17.5k | $11.64 |
1,500 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$271.3K
$237.4K – $316.6K
NOI $18,994 @ 7.0% cap · market cap 9.54%
Second Best
Apartment 5plus
$249.4K
$218.2K – $291.0K
NOI $17,458 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$392.5K
$343.4K – $457.9K
NOI $27,475 @ 7.0% cap · market cap 13.81%
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 - Fully rented duplex features identical floor plans, central air/heat, and access to an oversized fenced back yard.
Where is this duplex located?
The property is located at 2713-15 Bruxelles Street New Orleans, LA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Fully rented 2‑unit duplex with identical floor plans in the Fairgrounds neighborhood; Each unit offers central air and central heating; 4 total bedrooms and 2 full bathrooms across the duplex
