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  • Price cut: $30K (7/5)
    $569,000

    2412-14 State St, New Orleans, LA 70118

    8beds
    3,363sqft
    : 
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    Duplex, Multi Family, Multi Family
    Built in 1930
    -- sqft lot
    $528,000 Zestimate®
    $169/sqft
    $-- HOA

    What's special

    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.
    39 days
    |
    183
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Shepard 504-460-7279,

    Satsuma Real Estate LLC 504-483-8884

    Source: GSREIN,MLS#: 2562046MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Window Unit
      Cooling
      • Central Air, Window Unit(s)
      Appliances
      • Laundry: Common Area
      Interior area
      • Total interior livable area: 3,363 sqft

      Property

      Parking
      • Parking features: Covered, Carport, Detached
      • Has carport: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,740 Square Feet
      • Dimensions: 41 x 140
      • Features: City Lot, Rectangular Lot
      Details
      • Parcel number: 2412STATEST
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex, Multi Family, Multi Family
      Materials
      • Stucco
      • Foundation: Raised
      • Roof: Shingle
      Condition
      • Very Good Condition
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $169/sqft
      • Date on market: 6/9/2026
      • Tenant pays: Electricity, Gas, Water

        Estimated market value

        $528,000

        $502,000 - $554,000

        Not available

        Price history

        DateEventPrice
        7/5/2026Price change$569,000-5%$169/sqft
        Source: GSREIN #2562046 Report a problem
        6/9/2026Listed for sale$599,000$178/sqft
        Source: GSREIN #2562046 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Audubon

        Getting around

        69 / 100
        Somewhat Walkable
        51 / 100
        Good Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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