Source:
Gulf South Real Estate Information Network (GSREIN)
MLS#2562046
About the Property
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 p
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.
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