Townhome Style Duplex For
6274-6276 Bellaire Drive New Orleans, LA 70124
6274-6276 Bellaire Drive, New Orleans, LA, 70124
$330,000
For Sale
$330,000
Townhome style duplex with fenced backyards and storage sheds.
Property Size2,380 SF
Price / SF$138.66
Days on Market413
Property Features for 6274-6276 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: May 31, 2025 Checked: Jul 17 at 4:11 am
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 features two units, one located downstairs and the other upstairs. Each unit includes one bathroom, a large den, a kitchen with a breakfast area, and a laundry closet. The bathrooms are Jack-n-Jill style. The property includes fenced backyards with storage sheds and attached carports that also have storage sheds. The HVAC system and water heater for 6274 Bellaire Drive were replaced in 2024. Refrigerators are provided by the landlord. This is one of five duplex buildings available for sale, which can be purchased individually or as a package. The property size is 2380 square feet.
Key Highlights
- HVAC and water heater replaced in 2024 (unit 6274).
- Each unit has a fenced backyard with storage shed.
- Each unit has an attached carport 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
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Townhome style duplex with fenced backyards and storage sheds.
Where is this duplex located?
The property is located at 6274-6276 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: HVAC and water heater replaced in 2024 (unit 6274).; Each unit has a fenced backyard with storage shed.; Each unit has an attached carport with storage shed.
