New Orleans, LA 70118
MLS# NO2562046
3363 sqft
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.
Disclosures Last Updated: June - 12 - 2026
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