4200-02 State Street Dr New Orleans, LA 70125
For Sale
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Updated duplex in the lovely tree-lined Fontainebleau neighborhood (New Street!) with fresh exterior paint, featuring two 2-bedroom, 1-bath units with strong rental potential. Each unit offers a spacious porch, updated kitchens, and a functional layout for tenants or owner-occupants. The upstairs unit has beautiful original hardwood floors. All appliances are to remain after closing, including the washers and dryers. Each unit is separately metered. Property also includes TWO long driveways with parking for at least four cars. Recent comparable properties in the area have rented at $1,700-$1,750 per month per unit. Easy to show, Schedule to view this inviting property today.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.