Townhome-Style Duplex for
6266-6268 BELLAIRE Drive New Orleans, LA 70124
6266-6268 BELLAIRE Drive, New Orleans, LA, 70124
$330,000
For Sale
$330,000
MULTI_FAMILY - New Orleans, LA
Property Size2,380 SF
Price / SF$138.66
Days on Market396
Property Features for 6266-6268 BELLAIRE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport, Off Street
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 716531701
- Size
- 2,380 SF
Taxes and HOA fees
- Tax Description
- Country Club Estates Lot 161, 161-A 40x129
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Homesmart Realty South
(504) 908-7653
3131 N I-10 Service Rd, #101, New Orleans, LA
Listed by
Joy Maureen Matthews · License #000008926
(504) 908-5037
Added: Jun 18, 2025 Checked: Jul 18 at 7:06 pm
MLS# 2507879
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.
Investment Insights
Based on property information with market context.
This townhome-style duplex offers two separate units arranged with one on the lower level and one upstairs. Each unit includes one bath, a large den, kitchen, breakfast area, and a laundry closet. The duplex also features Jack-and-Jill baths, along with fenced backyards and storage sheds at the rear. Attached carports provide additional covered parking, each with its own storage shed.
The property is located at 6266-6268 BELLAIRE Drive, New Orleans, LA 70124. The current occupancy includes a tenant at 6266 who has been in place for over a year and a tenant at 6268 who has been there for almost three years. Refrigerators are provided by the landlord.
For investors or owner-occupants seeking a residential income property, the unit layout provides comfortable common living space in each home, plus dedicated laundry and storage. The HVAC systems were installed in 2016, and the roof was replaced in 2022, supporting the building’s major systems. This duplex is one of five duplex buildings being offered for sale, with the option to purchase individually or as part of a package.
The property is located at 6266-6268 BELLAIRE Drive, New Orleans, LA 70124. The current occupancy includes a tenant at 6266 who has been in place for over a year and a tenant at 6268 who has been there for almost three years. Refrigerators are provided by the landlord.
For investors or owner-occupants seeking a residential income property, the unit layout provides comfortable common living space in each home, plus dedicated laundry and storage. The HVAC systems were installed in 2016, and the roof was replaced in 2022, supporting the building’s major systems. This duplex is one of five duplex buildings being offered for sale, with the option to purchase individually or as part of a package.
Key Highlights
- Roof replaced in 2022.
- HVACs are 2016.
- Each unit has a fenced backyard with storage shed.
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 9.13%
Second Best
Apartment 5plus
$395.7K
$346.3K – $461.7K
NOI $27,700 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$604.9K
$529.3K – $705.7K
NOI $42,344 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex with fenced backyards, storage sheds, and updated major systems suitable for residential income buyers.
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 $330,000.
What are key features of this property?
This property features: Roof replaced in 2022.; HVACs are 2016.; Each unit has a fenced backyard with storage shed.
