2412-14 State Street
New Orleans, LA 70118

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, placing it in one of New Orleans' strongest and most consistent rental markets. 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. With strong rental demand driven by its proximity to the universities, Audubon Park, and the shops and restaurants of Uptown, this property offers an attractive combination of current cash flow and future upside. Large-bedroom layouts, a highly desirable location, and consistent tenant demand make 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.

Property Features