2308-10 Audubon Street, New Orleans, LA 70125

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
2308-10 Audubon Street,New Orleans, LA 70125
$585,000
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  • 8 Beds
  • 4 Baths
  • 3,087 sq. ft.
  • Multi-family
  • Active
Listed by: neil j maki, brent b w talavera
Office: mcenery residential, llc. (mcen02)
MLS#:2576591
Source:LA_CLBOR

Price summary

  • Price:$585,000
  • Price per sq. ft.:$189.5

About this home

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...

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Home facts

  • Year built:1928
  • Listing ID #:2576591
  • Added:55 day(s) ago
  • Updated:November 09, 2026 at 03:48 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:2
  • Living area:3,087 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1928
  • Building area:3,087 sq. ft.
  • Construction Materials:Stucco
  • Exterior Features:Screened
  • Foundation Description:Raised

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$585,000
  • Price per sq. ft.:$189.5

Parking

  • Parking description:Off Street, Parking Lot

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