$800,000
$850,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,389 SqFt
SOLD DATE : 04/30/2025
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,389 sqft
Price per Sqft $236
MLS Listing ID 2490730
Sold Date 04/30/25
Style Spanish
Bedrooms 8
Full Baths 4
Construction Status Very Good Condition
HOA Y/N No
Year Built 1936
Lot Size 7,675 Sqft
Acres 0.1762
Property Sub-Type Duplex
Property Description
An incredible opportunity awaits with this Uptown Duplex situated on an oversized 50' x 154/153' lot on prime State Street. Just steps away from Tulane University, Loyola University, and Audubon Park, each spacious unit boasts 4 bedrooms and 2 full bathrooms. The annual gross revenue currently exceeds $100,000, with each side leased for $4,200 per month. This property presents a fantastic opportunity for investment, owner occupancy, or conversion into a single-family home. The rear structure offers an additional 500+ square feet for storage or the potential to add a studio apartment. Enjoy off-street parking for 3 or more cars. The roof was substantially replaced in 2021. The property is located in flood zone X, and flood premium is $701/year. Unit 1 is leased through the end of May 2025, while Unit 2 is leased through the end of May 2026.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Porch
Parking Features Three or more Spaces
Pool None
Water Access Desc Public
Roof Type Shingle
Porch Porch
Building
Lot Description City Lot, Oversized Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 615114237
Special Listing Condition None
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