Two-Unit Duplex
6258-6260 Bellaire Drive New Orleans, LA 70124
6258-6260 Bellaire Drive, New Orleans, LA, 70124
$356,250
For Sale
$356,250
Duplex for sale with two 2-bedroom, 1-bath units, each with private carport and storage.
Property Size2,380 SF
Price / SF$149.68
Days on Market404
Property Features for 6258-6260 Bellaire Drive
General Information
- Standard status
- Active
- Size
- 2,380 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1979
Listing agency
Homesmart Realty South
(504) 610-6522
Listed by
Maureen Matthews · License #000008926
(504) 610-6522
Source
Compass
Added: Jun 15, 2025 Updated: Jul 22 at 9:54PM Checked: Jul 22 at 9:54PM
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 Homesmart Realty South
Investment Insights
Based on property information with market context.
This duplex features two separate units, each offering two bedrooms and one bathroom. Laundry closets include full-sized hookups, and interior finishes include sheetrock walls with laminate flooring in the den, porcelain tile in the kitchen/dining areas, and carpet in the bedrooms. Each unit has a private carport with an attached storage shed, and there is also a large storage shed at the end of the long, fenced backyard. The water heater was replaced in May 2021, and the roof was replaced in 2022. Refrigerators are provided by the landlord.
The property is described as a lakeview location on the levee near Fleur de Lis and W Harrison.
Both units have leases in place that have been in effect since May and December 2021.
The property is described as a lakeview location on the levee near Fleur de Lis and W Harrison.
Both units have leases in place that have been in effect since May and December 2021.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units, both with private carports and storage sheds
- Central air and central heating; 4 total bedrooms and 2 full bathrooms
- Laundry closets with full‑sized hookups inside each unit
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 | $47.1k | $19.80 |
| − Vacancy | −$4.1k | −$1.71 |
| EGI | $43.1k | $18.09 |
| − OpEx | −$12.9k | −$5.43 |
| NOI | $30.1k | $12.66 |
2,380 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$430.5K
$376.7K – $502.3K
NOI $30,137 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$395.7K
$346.3K – $461.7K
NOI $27,700 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$604.9K
$529.3K – $705.7K
NOI $42,344 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex for sale with two 2-bedroom, 1-bath units, each with private carport and storage.
Where is this duplex located?
The property is located at 6258-6260 Bellaire Drive New Orleans, LA.
What is the asking price?
The asking price for this property is $356,250.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units, both with private carports and storage sheds; Central air and central heating; 4 total bedrooms and 2 full bathrooms; Laundry closets with full‑sized hookups inside each unit
