Back 2412 State Street
Off Market

2412 State Street

New Orleans LA 70118

8
4
3363 sq. ft.
Duplex
BRIAN SHEPARDBRIAN SHEPARD, last sold this property on 31 August 2026 after 83 days on market.

Overview

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.

Features

8 bedrooms
4 bathrooms
3363 sq. ft. floor area
Duplex

Estimated Value

Based on this property and similar 8 bedroom duplexes sold in New Orleans over the last 12 months, the estimated median property value of 2412 State Street is $526k.

Median value
$526k
Estimated value range
$230k - $750k
Median days on market
44
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New Orleans. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2412 State Street

2026
Sold
Undisclosed
31 Aug 2026 by BRIAN SHEPARD, of Satsuma Real Estate LLC

Happy sellers in New Orleans

89%
89% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

New Orleans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in New Orleans over the last 12 months.

Local market activity for 8 bedroom duplexes in New Orleans

In the last 12 months, 3 eight-bedroom duplexes similar to 2412 State Street, have been sold.

This represents a 20% increase in eight-bedroom duplexes sales when compared to the previous 12 months.

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