BEDS8
BATHS4 full
SQUARE FEET3,363
MLS#2562046
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Heating: Central, Window Unit
Home Style: Duplex, Traditional
Lot Size: 41 x 140
Roof Type: Shingle
Stories: 2.0
Feature Descriptions
Days on Site: 4
Exterior: Stucco
Laundry: Common Area
Lot: City Lot, Rectangular Lot
Lot Dimensions: 41 x 140
Parking: Covered, Carport, Detached
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 2
Water: Public
Listed By / Shown By
Listed By
Agency Name: Satsuma Real Estate LLC
Agency Phone: (504) 483-8884
Shown By
Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414
Estimate Your Payment
Estimated Payment
$ 1,507.82 per month $1,333.11 Principal & Interest $0.00 Property Tax (data not provided by mls) $174.71 Homeowner's InsuranceChange Payment Information
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Wurth Real Estate Services
7840 Maple St.
New Orleans, LA 70118
504-866-7000
Additional:
1700 City Farm Drive
Baton Rouge, LA 70806
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2412-14 State Street | MLS# 2562046
This multi-family property located at 2412-14 State Street, New Orleans, LA 70118 is currently listed for sale with an asking price of $599,000. Search New Orleans real estate on www.wurthre.com today.