$850,000
Accepting Backup Offers

2209 STATE STREET

New Orleans, LA 70118
3389 sqft | 8 beds | 4 baths | 0.18 acres | #2490730
Browse 27 photos
Type:Purchase
Structure:2 Family
Zone:Residential

Description

An incredible opportunity awaits with this Uptown Duplex situated on an oversized 50' x 154/153' lot on prime State Street. Just steps away from Tulane University, Loyola University, and Audubon Park, each spacious unit boasts 4 bedrooms and 2 full bathrooms. The annual gross revenue currently exceeds $100,000, with each side leased for $4,200 per month. This property presents a fantastic opportunity for investment, owner occupancy, or conversion into a single-family home. The rear structure offers an additional 500+ square feet for storage or the potential to add a studio apartment. Enjoy off-street parking for 3 or more cars. The roof was substantially replaced in 2021. The property is located in flood zone X, and flood premium is $701/year. Unit 1 is leased through the end of May 2025, while Unit 2 is leased through the end of May 2026.

  • Property Details
      • Lot DescriptionCityLot, OversizedLot
      • Property ConditionVeryGoodCondition
      • Sewer InformationPublicSewer
      • Property TypePurchase
      • Original List Price$850,000
      • StyleSpanish
      • CountyOrleans
      • MLS #2490730
      • MLS #2490730
      • Acres0.1762
      • FoundationRaised
      • Utility SourcePublic
      • Cost850000
      • Property SubtypeDuplex
      • Exterior MaterialsPorch
      • Square Feet3389
      • Year Built1936
      • Bedrooms8
      • Bathrooms4
      • Full Baths4

Location

Troy Lawrence NMLS #1885144 | Magic Mortgage Inc NMLS #2654516Real Estate Group
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