Townhome-Style Duplex
6266-6268 Bellaire Drive New Orleans, LA 70124
6266-6268 Bellaire Drive, New Orleans, LA, 70124
$356,250
For Sale
$356,250
Townhome duplex with two homes, each featuring a den, kitchen, breakfast area, laundry closet, and fenced backyard.
Property Size2,380 SF
Price / SF$149.68
Days on Market402
Property Features for 6266-6268 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 16, 2025 Updated: Jul 21 at 6:46AM Checked: Jul 21 at 6:46AM
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 townhome-style duplex includes one unit on the main level and one unit upstairs. Each unit provides a kitchen with breakfast area, a large den, and a laundry closet, along with one bath and Jack-n-Jill bath setup. Exterior amenities include nice fenced backyards with storage sheds, and attached carports with storage sheds.
The property is part of a small multifamily portfolio, with one of five duplex buildings being offered for sale. One unit has been occupied for over a year, while the other has been in place for nearly three years.
Major building updates include HVAC systems installed in 2016 and a roof replacement completed in 2022. Refrigerators are owned by the landlord. The building can be sold individually or as part of a package with the other duplex properties.
The property is part of a small multifamily portfolio, with one of five duplex buildings being offered for sale. One unit has been occupied for over a year, while the other has been in place for nearly three years.
Major building updates include HVAC systems installed in 2016 and a roof replacement completed in 2022. Refrigerators are owned by the landlord. The building can be sold individually or as part of a package with the other duplex properties.
Key Highlights
- Townhome‑style duplex with 2 units: one unit on the main level and one unit upstairs
- Each unit features 2 bedrooms, 1 full bath with Jack‑n‑Jill setup, plus a large den, kitchen, and breakfast area
- Inside laundry closet in each unit and attached carports with storage sheds
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
Duplexes
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FAQs
What type of property is this?
Duplex - Townhome duplex with two homes, each featuring a den, kitchen, breakfast area, laundry closet, and fenced backyard.
Where is this duplex located?
The property is located at 6266-6268 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: Townhome‑style duplex with 2 units: one unit on the main level and one unit upstairs; Each unit features 2 bedrooms, 1 full bath with Jack‑n‑Jill setup, plus a large den, kitchen, and breakfast area; Inside laundry closet in each unit and attached carports with storage sheds
