2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo
2308-10 Audubon Street , New Orleans, LA 70125 Photo

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2308-10 Audubon Street New Orleans, LA 70125
$585,000
Active / MLS# 2576591 / Multi Unit - Multiple / New Orleans
8 Beds
2 Baths
2 Half Baths

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.

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Estimated Payment

$ 1,470.63 per month $1,300.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $170.63 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Traditional
Lot Size: 0.11 Acres
Year Built: 1928

Feature Descriptions

Days on Site: 15
Exterior: Stucco
Lot: Other
Lot Dimensions: 40 x 120
Parcel#: PT 51 54
Parking: Off Street, Parking Lot
Parking Notes: Off Street, Parking Lot
Sewer: Public Sewer
Units: 2
Utilities: Natural Gas Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: McEnery Residential, LLC (MCEN02)
Agency Phone: 504-605-4400

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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