Townhome-Style Duplex with
For Sale
$330,000
6274-6276 BELLAIRE Drive, New Orleans, LA 70124
MULTI_FAMILY - New Orleans, LA
Property Size2,380 SF
Price / SF$138.66
Days on Market409
Property Features for 6274-6276 BELLAIRE Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street, Carport
Exterior features
Fence
Fencing
Fenced
Subdivision
Lakeview
Lot features
Levee, Oversized
Standard status
Active
APN
716531707
Size
2,380 SF
Taxes and HOA fees
Tax Description
Lot 163-B Country Club Estates
Legal Description
Lot 163-B Country Club Estates
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 · HomeSmart International
(504) 908-7653
Listed By:
Joy Maureen Matthews · License #000008926
(504) 908-5037
Added: Jun 18, 2025
Changed: Jul 9
Last Checked: Jul 31 at 9:06AM
MLS# 2507881
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 is configured with one unit on the first level and a second unit upstairs. Each unit includes one bath, a large den and kitchen, a breakfast area, and a laundry closet. The two bathrooms are set up as Jack-n-Jill, and each unit is supported by individual HVAC and water heating equipment. Outside, the property features fenced backyards with storage sheds, and each attached carport includes additional storage sheds. Refrigerators are provided by the landlord. Recent updates include replacement of HVAC systems and the water heater in 2024.
Located in New Orleans, LA 70124 at 6274-6276 Bellaire Drive, the duplex sits within a small group of similar assets: it is one of five duplex buildings available for sale. The building can be purchased individually or as part of a package with the other properties.
For tenants or buyers seeking duplex-style residential income, the layout offers separate living spaces across two levels with in-unit kitchens and laundry closets, plus dedicated outdoor storage. The fenced yards and storage sheds can help support day-to-day functionality for residents, while the 2024 mechanical replacements provide additional near-term reliability.
Located in New Orleans, LA 70124 at 6274-6276 Bellaire Drive, the duplex sits within a small group of similar assets: it is one of five duplex buildings available for sale. The building can be purchased individually or as part of a package with the other properties.
For tenants or buyers seeking duplex-style residential income, the layout offers separate living spaces across two levels with in-unit kitchens and laundry closets, plus dedicated outdoor storage. The fenced yards and storage sheds can help support day-to-day functionality for residents, while the 2024 mechanical replacements provide additional near-term reliability.
Key Highlights
- Townhome‑style duplex with one unit on the main level and one unit upstairs
- Each unit includes 1 bath plus a large den, kitchen, breakfast area, and laundry closet (Jack‑and‑Jill baths)
- Nice fenced backyards with storage sheds, plus attached carports with storage sheds
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,147
Businesses Nearby
Explore this area
Business Placement
Demographics for 70124, LA
22,777
Population
8,919
Households
2.6
Avg Household Size
37
Median Age
70%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,400
Density / Sq Mi
$121,318
Median Household Income
$66,323
Median Earnings
$1,752
Median Rent
$577,800
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 - Two-unit duplex with fenced backyards, attached carports, and 2024 HVAC and water heater replacements.
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: Townhome‑style duplex with one unit on the main level and one unit upstairs; Each unit includes 1 bath plus a large den, kitchen, breakfast area, and laundry closet (Jack‑and‑Jill baths); Nice fenced backyards with storage sheds, plus attached carports with storage sheds
