Live Auction Nov 7 1PM - 5PM CST, 2026
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Online Auction

2508-12 S Prieur St

New Orleans, LA 70125
$257,296 Starting Bid
10Beds6Baths3,822Sq. Ft.

Auction Starts In

0
Hours
0
Mins
0
Secs
Starting Bid$257,296
Bid Increment
$1,000
Reserve
Coming soon
Sold
Not yet
REO Bank Owned
Built in 1959
$261,909 Market estimate
3,822 Sq Ft
$1,417 Estimated rent

Home value

Market estimate
$261,909
Estimated Monthly Rent
$1,417

About this Property

A multi-family property in New Orleans, LA, this residence at 2508-12 S Prieur St offers 10 bedrooms and 6 bathrooms across 3822 sq ft of living area. Built in 1959, it occupies a 2700 sq ft lot....

This 10 bedroom, 6 bathroom property is located in New Orleans, LA. With 3,822 square feet and built in 1959, this property presents a great opportunity for investors and home buyers alike.

What this place offers

10 Bedrooms
6 Bathrooms
3,822 sqft
2,700 SqFt
Built in 1959
0 Total spaces
Other
N/A

Key Features

Cash Only
Eviction Partner

Documents

Preliminary Report

Listing Agent Info

Diana Klotz

504-236-9336
Brokerage
Audubon Realty, LLC
Managing Broker
Diana Klotz

Register to view Agent's Details

2508-12 S Prieur St

New Orleans, LA 70125

10 bed•6 bath•3,822 Sq. Ft.

Purchase Price

Profit Analysis

Rental and tax data required for profit projections.

New Orleans Market Context

Market factors used to inform your calculation assumptions

Market Vacancy Rate
New Orleans rental vacancy rate per U.S. Census ACS 2023. Your default assumption of 5% is slightly conservative — a reasonable buffer for investor planning. Source: U.S. Census Bureau ACS 2023
~4.2%New Orleans rental market
Price vs. Market estimate
Purchase price $257,296 vs Vihara Analytics estimated value $261,909. A purchase below estimated value provides a built-in equity cushion. Source: Vihara Analytics · Oct 2026
2% belowEst. value $261,909
Avg Days on Market
Properties in New Orleans sit on market for 123 days on average. Higher DOM can indicate negotiation leverage for buyers. Source: Vihara Analytics · Oct 2026
123 daysNew Orleans market
Rent-to-Price Ratio
$1,417 monthly rent ÷ $257,296 purchase price. New Orleans market avg is ~0.5–0.7%. Above 0.7% is considered strong for this market. Source: Vihara Analytics · Oct 2026
0.55%Monthly rent ÷ purchase price

⚠️ Market factors are estimates based on available data and public records. They inform but do not replace professional investment advice.

$17,004

Projected Annual Revenue

Monthly rent of $1,417 with 0% vacancy rate accounts for the net annual revenue projection.

Monthly Rent$1,417
Annual Revenue (Gross)$17,004
Vacancy Rate0%
Annual Revenue (Net)$17,004
Source: Vihara Analytics · 2026

Investment Metrics

Cap Rate
Annual Rent ÷ Purchase Price × 100
0.00%
Cash on Cash Return
Monthly Rent ÷ Purchase Price × 100
0.00%
Purchase Price
Current bid or starting bid from auction listing
$257,296

Comparable Sales

Comparable sales data not available for this location.

Tax Assessment

Tax and assessment data not available for this property.