2308-10 AUDUBON ST, New Orleans, LA 70125
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2308-10 AUDUBON ST, New Orleans, LA 70125
2308-10 AUDUBON ST, New Orleans, LA 70125
2308-10 AUDUBON ST, New Orleans, LA 70125
2308-10 AUDUBON ST, New Orleans, LA 70125
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2308-10 AUDUBON ST New Orleans, LA 70125

8 Beds

3 Baths

3,087 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,087 sqft

Price per Sqft $192

MLS Listing ID 2576591

Style Traditional

Bedrooms 8

Full Baths 2

Half Baths 2

Construction Status Excellent

HOA Y/N No

Year Built 1928

Property Sub-Type Duplex

Property Description

FULLY RENTED. Prime Uptown university-area investment opportunity just minutes from Tulane and Loyola Universities. This spacious duplex offers a total of 8 bedrooms and an attractive 8.30% current CAP rate with gross annual rental income of $64,008. Both units are currently leased, with no vacancy during the sellers' three years of ownership. Tenants have typically included graduate students and young professionals.

Both HVAC systems were replaced in 2024, and major plumbing improvements were completed in 2026. The property features hardwood floors, charming built-ins, comfortable living spaces, and off-street parking with a freshly poured driveway and rear parking area for several vehicles. The lower unit includes a welcoming front sunroom.

Tenants are responsible for electricity, water, and gas, providing an efficient ownership structure with all utilities paid by tenants. Refrigerators, washers, and dryers will remain with the property.

Additional upside may exist through increased rental income by utilizing the fourth bedroom in the upstairs unit as an additional rentable bedroom, subject to applicable requirements and approvals. Ideally located in the popular Uptown University area with convenient access to Tulane, Loyola, Carrollton, Uptown amenities, downtown, Mid-City, and major commuter routes. An excellent opportunity for investors seeking strong current cash flow with additional rental upside in a highly desirable New Orleans location.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Enclosed Porch

Parking Features Off Street, Parking Lot, Three or more Spaces

Pool None

Water Access Desc Public

Roof Type Asphalt

Porch Porch, Screened

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 Excellent

Others

Tax ID PT 51 54

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by McEnery Residential, LLC

Schools Near

Zachary Russell

Zachary Russell

Rêve | Realtor License ID: 995702384

+1(504) 493-9770

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2308-10 AUDUBON ST

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