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    Duplex with Separate Utilities Title is generated by Realmo AI

    2809 AUBRY Street, New Orleans, LA 70119

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    Claim this Listing
    New
    For Sale
    $350,000

    MULTI_FAMILY - New Orleans, LA

    Property size:
    1,776 SF
    Price / SF:
    $197/SF
    Added:
    Jul 2, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 8 at 6:06 pm

    Property Features for 2809 AUBRY Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway
    Patio and Porch features
    Porch
    Exterior features
    Fence, Porch
    Fencing
    Fenced
    Standard status
    Active
    APN
    37W304808
    Size
    1,776 SF

    Taxes and HOA fees

    Tax Description
    SQ 1571 LOT 8 AUBRY 30X120 DBLE/FR 12/RMS A/R

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Aaron Dare

    Listing agent Aaron Dare License #995681183

    Listing office Crane Realtors 138 N Cortez Street, New Orleans, LA

    Listing date Jul 2, 2026

    MLS# 2564747 Listing URL

    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.

    HighLights

    • 1920‑built shotgun double with flexible owner‑occupant/investment potential
    • Separate electric, gas, and water meters for each side for independent living
    • Central heating and central air
    • Hardwood floors with spacious kitchens and generous bedrooms
    • Dedicated laundry room
    • Fenced property with driveway parking and a private backyard patio

    Overview

    This well-maintained duplex is configured as a shotgun double with flexible floor plans. The kitchens are placed in the second rooms on each side, and one unit is currently vacant, creating a practical live-in option while maintaining rental income. Interiors include light-filled living spaces, hardwood floors, spacious kitchens, generous bedrooms, and a dedicated laundry room. Utilities are independently metered with separate electric, gas, and water meters for each side, simplifying day-to-day management and supporting true independent living.

    The property is located in the Fairgrounds Triangle neighborhood of New Orleans. It is described as just minutes from City Park and Bayou St. John, with nearby restaurants, coffee shops, and local favorites along Esplanade Ave.

    For tenants and buyers, the combination of independent utilities, separate living arrangements, and a private outdoor space can support a range of uses. The current vacancy also allows an owner-occupant to move into one side while leasing the other. The private backyard with a large patio shaded by a mature oak tree adds an additional amenity for both personal enjoyment and tenant appeal.

    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 $35.2k $19.80
    − Vacancy −$3.0k −$1.71
    EGI $32.1k $18.09
    − OpEx −$9.6k −$5.43
    NOI $22.5k $12.66
    1,776 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $321.3K
    $281.1K – $374.8K (±1% cap)
    NOI $22,489 @ 7.0% cap · market cap 6.43%
    Second Best
    Apartment 5plus
    $295.3K
    $258.4K – $344.5K (±1% cap)
    NOI $20,671 @ 7.0% cap · market cap 5.91%
    Theoretical Best
    Office A
    $464.7K
    $406.6K – $542.2K (±1% cap)
    NOI $32,531 @ 7.0% cap · market cap 9.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Parking Lot & Garage Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.075122
    Latitude
    29.983343

    FAQs

    What type of property is this?
    Duplex - A well-maintained shotgun double with independent meters and a private backyard, suited for owner-occupants or income use.
    Where is this duplex located?
    The property is located at 2809 AUBRY Street New Orleans, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1920‑built shotgun double with flexible owner‑occupant/investment potential; Separate electric, gas, and water meters for each side for independent living; Central heating and central air
    More about this property
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