Shotgun Duplex
For Sale
$230,000
2825 27 Bruxelles Street, New Orleans, LA 70119
Owner-occupant or investor opportunity in a Gentilly shotgun-style duplex.
Days on Market9
Property Features for 2825 27 Bruxelles Street
General Information
Standard status
Active
Property subtype
Multi Family Home
Additional Details
Business Included
No
Multifamily Units
2
Building Details
Building Size
1,664 SF
Year Built
1965
Construction
Shotgun
Listing Agency:
Keystone Realty & Associates,
(504) 236-5079
Listed By:
Stanley Morlier
(504) 236-5079
Source:
Nolalivingrealty
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 31 at 12:33PM
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 Keystone Realty & Associates,
Investment Insights
Based on property information with market context.
This Gentilly shotgun-style duplex offers a practical residential income setup with two units. It is well suited for an owner occupant or investors looking for a straightforward duplex configuration.
The property is located at 2825 27 Bruxelles Street in New Orleans, Louisiana 70119.
For-sale pricing is $230,000.
The property is located at 2825 27 Bruxelles Street in New Orleans, Louisiana 70119.
For-sale pricing is $230,000.
Key Highlights
- Gentilly shotgun‑style duplex
- Year built: 1965
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 | $32.9k | $19.80 |
| − Vacancy | −$2.8k | −$1.71 |
| EGI | $30.1k | $18.09 |
| − OpEx | −$9.0k | −$5.43 |
| NOI | $21.1k | $12.66 |
1,664 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$301.0K
$263.4K – $351.2K
NOI $21,070 @ 7.0% cap · market cap 9.16%
Second Best
Apartment 5plus
$276.7K
$242.1K – $322.8K
NOI $19,367 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$435.4K
$381.0K – $508.0K
NOI $30,479 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
713
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Owner-occupant or investor opportunity in a Gentilly shotgun-style duplex.
Where is this duplex located?
The property is located at 2825 27 Bruxelles Street New Orleans, LA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Gentilly shotgun‑style duplex; Year built: 1965
