2412-14 STATE ST, New Orleans, LA 70118
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2412-14 STATE ST, New Orleans, LA 70118
2412-14 STATE ST, New Orleans, LA 70118
2412-14 STATE ST, New Orleans, LA 70118
2412-14 STATE ST, New Orleans, LA 70118
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2412-14 STATE ST New Orleans, LA 70118

8 Beds

4 Baths

3,363 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,363 sqft

Price per Sqft $178

MLS Listing ID 2562046

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, placing it in one of New Orleans' strongest and most consistent rental markets.

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. With strong rental demand driven by its proximity to the universities, Audubon Park, and the shops and restaurants of Uptown, this property offers an attractive combination of current cash flow and future upside.

Large-bedroom layouts, a highly desirable location, and consistent tenant demand make 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

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Satsuma Real Estate LLC
Mirell Gallo

Mirell Gallo

Rêve | Realtor | License ID: 995688246

+1(504) 812-5737

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2412-14 STATE ST