Front & Back Double
2625 UPPERLINE Street New Orleans, LA 70115
2625 UPPERLINE Street, New Orleans, LA, 70115
$399,000
For Sale
$399,000
MULTI_FAMILY - New Orleans, LA
Property Size2,068 SF
Price / SF$192.94
Days on Market19
Property Features for 2625 UPPERLINE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Exterior features
- Courtyard, Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 2625-UPPERLINEST
- Size
- 2,068 SF
Taxes and HOA fees
- Tax Description
- Q 619 LOT 4 UPPERLINE TO VALENCE 30 X 123/127
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1941
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Cottage
Listing Agency
Keller Williams Realty New Orleans
(504) 862-0100
8601 Leake Ave., New Orleans, LA
Listed by
Chris Smith · License #000009641
(504) 862-0100
Added: Jun 29 Checked: Jul 17 at 3:06 pm
MLS# 2565251
Listing URL
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turn-key front & back double duplex offers two distinct residences within one building, with one home in the front half and the second home in the rear half. Each residence includes three separate bedrooms, two full bathrooms, central HVAC, and a private interior laundry room with washers and dryers included. The overall layout is described as not a shotgun floor plan, supporting privacy for both occupants.
The property sits on a through lot that extends from Upperline Street to Valence Street. Rear access from Valence provides two separate driveways and off-street parking, an amenity highlighted as valuable for the area.
Designed to fit both owner-occupant and investor needs, the duplex can be lived in while generating rental income. The front residence has been leased on a one-year term for $1,800 per month, which may help offset a portion of the owner’s monthly housing cost. With convenient Uptown access to the Freret Street corridor and nearby dining, coffee, shopping, and entertainment options referenced in the listing, this property is positioned for practical, move-in readiness.
The property sits on a through lot that extends from Upperline Street to Valence Street. Rear access from Valence provides two separate driveways and off-street parking, an amenity highlighted as valuable for the area.
Designed to fit both owner-occupant and investor needs, the duplex can be lived in while generating rental income. The front residence has been leased on a one-year term for $1,800 per month, which may help offset a portion of the owner’s monthly housing cost. With convenient Uptown access to the Freret Street corridor and nearby dining, coffee, shopping, and entertainment options referenced in the listing, this property is positioned for practical, move-in readiness.
Key Highlights
- Front & back double (not a shotgun floor plan) with one residence in the front half and a second in the rear half
- Each residence offers 3 bedrooms and 2 full baths, plus central HVAC and private interior laundry rooms with washers and dryers included
- Through lot from Upperline Street to Valence Street with rear access from Valence and two separate driveways for off‑street parking
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $13.44 |
| − Vacancy | −$2.4k | −$1.16 |
| EGI | $25.4k | $12.28 |
| − OpEx | −$7.6k | −$3.68 |
| NOI | $17.8k | $8.60 |
2,068 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$253.9K
$222.2K – $296.3K
NOI $17,775 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$225.1K
$197.0K – $262.6K
NOI $15,757 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$545.6K
$477.4K – $636.5K
NOI $38,192 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Turn-key duplex with two separate 3-bedroom residences, central HVAC, and rear driveway parking accessed from Valence.
Where is this duplex located?
The property is located at 2625 UPPERLINE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Front & back double (not a shotgun floor plan) with one residence in the front half and a second in the rear half; Each residence offers 3 bedrooms and 2 full baths, plus central HVAC and private interior laundry rooms with washers and dryers included; Through lot from Upperline Street to Valence Street with rear access from Valence and two separate driveways for off‑street parking
