$526,000
$569,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
2412-14 STATE ST New Orleans, LA 70118
8 Beds
4 Baths
3,363 SqFt
Key Details
Sold Price $526,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,363 sqft
Price per Sqft $156
MLS Listing ID 2562046
Sold Date 08/31/26
Style Traditional
Bedrooms 8
Full Baths 4
Construction Status Very Good Condition
HOA Y/N No
Year Built 1930
Property Sub-Type Duplex
Property Description
Outstanding Uptown investment opportunity in a premier university-adjacent location. Situated on highly desirable State Street, this duplex is just minutes from Tulane University and Loyola University.
The property features two spacious 4-bedroom, 2-bath units designed to appeal to the area's large student and faculty tenant base. The upstairs unit (2414) is currently leased for $4,160 per month through May 2027, providing immediate income, while the vacant downstairs unit (2412) offers the opportunity to lease at current market rates or accommodate an owner-occupant seeking rental income.
A significant bonus is the FORTIFIED Roof™, which may provide insurance savings while offering enhanced protection and peace of mind.
This property offers an attractive combination of current cash flow and future upside, making this a compelling addition to any investment portfolio. Whether you're a seasoned investor or looking to acquire your first multifamily property, this duplex presents a rare opportunity in one of New Orleans' most sought-after rental corridors.
Location
State LA
County Orleans
Interior
Heating Central, Window Unit
Cooling Central Air, Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Parking Features Covered, Carport, Detached
Water Access Desc Public
Roof Type Shingle
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 2412-STATEST
Financing Cash
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Real Broker, LLC