2412-14 STATE Street, New Orleans, LA 70118 (MLS# NO2562046)

Remarks & Misc

Remarks

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.

Office/Member/Contract Info

List AOR

NOMAR

Siding

Stucco

Yes

Parking

Carport

Yes

Covered

Yes

Detached

Yes

Foundation

Piers

Yes

Roof

Composition

Yes

Heating

Central

Yes

Other

Yes

Cooling

Central Air

Yes

Window Units

Yes

Tenant Pays

Electric

Yes

Gas

Yes

Water

Yes

Property Features